Home Federal Savings Bank

Home Federal Savings Bank
“Enhancing the financial well-being of our clients and community one relationship at a time.”
I’m an expert at navigating the
world of medical research, but
corporate banking? …. I could
use some help
Lawyer – Accountant - Banker
´  Company legal name
´  Who is going to be part of
your company
´  Organizational documents
(e.g. LLC, LLP)
´  Federal Tax ID Number
´  Who is going to sign
´  Now it’s time to look at
opening your bank account
Bio Business Checking
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No minimum balance
No monthly service charge
Free Online Banking
Free Online Bill Pay
eStatements
Free Debit Mastercard with Uchoose Rewards
Business Credit Card with Rewards
Credit Card Processing available “Clear and Simple”
Direct Deposit and Direct Payment Available*
Wire Transfers Free*
Notary Service
Business Money Market and Savings Accounts
Let our team of banking experts guide you through the challenges of
managing your banking and business accounts
*additional fees may apply
Member FDIC
Money Market & Savings
´  Money Market accounts
´  Savings
´  Minimum balance $1,000
´  Minimum balance $50
´  Tiered rates
´  Interest compounds
quarterly
´  Interest compounds
monthly
Home Federal Debit Card
´  MasterCard
´  Uchoose Rewards
´  Cash Withdrawals - Daily Limit $500
´  Purchases – Daily Limit $1,500
Home Federal Visa Card
with Visa© Business Bonus Rewards
§  Earn 1 point for every net $1 you spend
§  Get a 25% bonus on all points earned every month
§  No limit on the points you earn plus you get 5 years
to redeem
§  $25 cash back on your first purchase
§  0% introductory APR for the first 6 billing cycles on
purchases and balance transfers
§  NO ANNUAL FEE
Tips
´  Separate Business and Personal, don’t commingle funds
´  SBDC – Small Business Development Center
´  Professional consulting
´  Training seminars
´  Bookkeeping and accounting help
´  Contact Rick Indrelie 507-280-5503 rick.indrelie@rctc.com
´  Don’t forget about financial planning; have a Will?
Why Choose Home Federal?
´  Local Community Bank
´  Company Headquarters in Rochester
´  Local Decision Making
´  Experience with the BioBusiness Clients
´  Highly Personalized Service
´  Convenient to the BioBusiness Center
´  Quick Response Time
´  Variety of Loan Options Available To You
´  References Available
Home Federal – Only
280 steps away
Exclusive Anniversary Offer
´  80 Years Strong
´  $80 credit towards
checks/services
Helpful websites:
´  Apply for a Federal Tax ID Number: www.irs.gov >Filing
>Self-Employed & Small Businesses >Employer
Identification Number
´  Starting a Business in Minnesota: www.mnsbdc.com
´  Home Federal’s website: www.justcallhome.com
Contact Information
´  Angie Rustad
angie.rustad@homefederalprivate.com
507-280-7255
´  Sue Kolling
suek@hfsb.com
507-535-1207
´  Scott Sheldon – Credit Card Processing
scott.sheldon@hfsb.com
507-280-3415
´  www.justcallhome.com
´  Like us on Facebook