Business Checking

IOLTA accounts earn interest and are exempt from a monthly service fee.

Our Non Profit/ Organizational Checking offers the following:
No monthly maintenance fee with minimum daily balance of $1000.00
Monthly maintenance fee if minimum daily balance is not met  $8.00
Allows up to 25 checks/withdrawals per month at no charge
Per check/withdrawal over 25 per month $0.15
Minimum amount to open $10.00

Fee Schedule

Industrial Packages have been specifically designed with the needs of our business customers in mind. 
 

EMERGING BUSINESS BANKING PACKAGE

Our Emerging Business Banking Package gives a head start to companies that have been in business for five (5) years or less.

Waived monthly maintenance fee on a  Small Business Checking account for one (1) year   
Business Debit Card with uChoose Rewards
Online Banking with Bill Pay and e-Statements
 


BUSINESS SOLUTION BANKING 

Our Basic Business Checking Package gives you more control and flexibility with out all the fees. It's ideal for a growing business that wants to maximize cash flow.  

  Waived monthly maintenance fee on a business checking account    
  Business Debit Card with uChoose Rewards 
  Online Banking with Bill Pay and e-Statements       
  Free Deluxe intro check kit
  Free 30-minute merchant services consultation
  Discounted merchant services set up fee   
  Free Cashier's Checks        
  Company eligible employees receive a free savings account

Ways to qualify: Maintain $25,000 in qualifying business deposit balance or $40,000 in a combination of qualifying business deposits, or outstanding loan balance.

Monthly maintenance fee if minimum balance requirement is not met $15.00

BUSINESS PREMIER BANKING  

Our Premier Business Checking Package gives you more control and flexibility with out all the fees. It's ideal for a growing business that wants to maximize cash flow.  

  Waived monthly maintenance fee on a business checking account    
  Bonus rate for CD deposit of $10,000.00 and above
  Free incoming wire transfers
  Free Premier ACH set up
  Business Debit Card  with uChoose Rewards
  Online Banking with free Bill Pay and e-Statements  
  Free first 200 checks
  Free 30-minute merchant services consultation
  Discounted merchant services set up fee
  Free Cashier's Checks        
  Company eligible employees receive a free savings account

Ways to qualify: Maintain $50,000 in qualifying business deposit balance or $75,000 in a combination of qualifying business deposits, or outstanding loan balance.

Monthly maintenance fee if minimum balance requirement is not met $20.00
 
HAVE QUESTIONS? WE ARE HERE TO HELP.

Contact: Client Services 202-722-2000, email customerservice@industrial-bank.com or visit your favorite banking center for more details.

Maintain  a $2,000.00 daily balance to avoid a monthly maintenance fee of $10.00.
Minimum amount to open $1,000.00

For certain non-incorporated entities with modest to sizable liquid assets and activity

• Earns interest on the entire balance 
• No monthly maintenance fee with minimum daily balance of $5,000.00
• Monthly maintenance fee if minimum daily balance is not met $15.00
• Allows up to 20 checks/withdrawals per month at no charge
• Per check/withdrawal over 20 per month $0.15
• Per check deposited $0.10
• Minimum amount to open $1000.00
  
  *Not available by law to entities such as corporations, partnerships or limited liability companies.

• Monthly maintenance fee $12.00
• Minimum amount to open $100.00

• Earnings credit allowance for balances over $2,000
• Minimum opening deposit of $1,000.00

•  No minimum balance requirement

•  Free Corporate Online Banking with Bill Pay

•  Eligible for Business Visa® check card

• Monthly maintenance fee $15.00

• Per check/withdrawal $0.17

• Per item deposited $0.15

• Per deposit ticket $0.50