Business Savings Account

Business savings accounts from IBC Bank offer variable competitive interest rates, online banking, free ATM card, voice banking and direct deposit.

Business Savings OverviewChecking Process Header

Minimum Opening Deposit $100

Easy to get started by depositing a minimum of $100 in your account

Variable Interest Rate

Funds earn competitive current rates

No Service Charge if Minimum Balance is Met

*See account requirements and service fees below

Direct Deposit

Makes it convenient for you to save money

Interest is Calculated Using the Investable Balance

*Account Requirements and Service Fees:

Maintain average collected balance of $1,500 or a minimum daily balance of $500 to avoid service charge
Interest is compounded and paid quarterly and calculated using investable balance
Requires a daily balance of $500 to obtain the disclosed Annual Percentage Yield
The investable balance is calculated by using the average balance less uncollected funds, less reserve requirement and a premium assessment factor
A $5 service charge per month if balance requirements are not met
Business Line of Credit available
Two free teller counter withdrawals per month; additional withdrawal is $1. Unlimited IBC ATM transactions.

FREE IBC Voice

Bank from home or anywhere you want, anytime you want. Check your balance, make transfers or order checks.

IBC Bank Online

Bank from home or anywhere you want, anytime you want. Check your balance and make transfers.

IBC Bank ATM Card

Fast, Easy, Convenient. Your IBC ATM Card brings even more convenience to your banking. Use it at any IBC Bank ATM for withdrawals, account inquiries, and transfers. IBC ATM's accept Pulse, Plus, Discover/Novus, Cirrus, American Express, Visa and MasterCard cards. For more information, please contact your nearest IBC representative or visit the nearest IBC Bank branch.