| 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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