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BUSINESS CHECKING SOLUTIONS

A variety of accounts are available for businesses with all levels of checking activities. See your Industrial Bank representative or visit your nearest location to find out more about these options.


Choose the account that matches your company’s payment and typical balance levels.

Basic Business Checking

  • A  monthly service charge of $10.00
  • Twenty (20) checks/withdrawals per month (a $0.15 per item charge exceeding 20)

Commercial  Checking

  • No minimum balance required
  • A $15.00 monthly maintenance fee
  • Earning credit for balances over $2,000
  • Unlimited check writing
  • $.15 per check
  • $.10 per item deposited

*Earnings credit may offset per item fees

Getting Things Done… Small Business Checking

  • A  monthly service charge of $12.00

Must maintain a $2,000 minimum balance to avoid check writing fee

Non-Profit Checking

  • No maintenance fee with minimum balance of $1,000.  ($8.00 fee may be assessed if balance falls below minimum balance)
  • A fee of $0.15 per check may be assessed over 25 items per statement cycle
  • Free deposits

Business Checking

  • For those who maintain higher balances and transaction volume
  • Same features as Business Checking
  • Earnings credit allowance for balances over $2000
  • Order Checks Online

Business Interest Checking

  • For non-incorporated entities with modest to sizable liquid resources and activity
  • Offers the freedom of a regular checking account
  • Earns interest on the entire balance
  • No monthly maintenance fee with a $2,500 balance
  • Available to sole proprietors, associations and qualifying non-profit organizations

Organization Checking

  • For non-profits, clubs or associations with smaller resources and transactions
  • Small monthly maintenance fee
  • No minimum balance requirement
  • No per check charge – up to 25 per month
  • No cost for deposits – up to four per month

 

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Highlights

Important Message for Commercial Banking Customers

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