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
*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
- Transactions on savings accounts are limited by law
- 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
- Telephone, third party (checks, drafts & debit card transactions) and preauthorized transfers are limited to six per month. Two free teller counter withdrawals per month; additional withdrawal is $1. Unlimited IBC ATM transactions.
- Preauthorized transfers include, but are not limited to transfers processed through IBC Voice, IBC Bank Online or Overdraft Transfer Protection. If transaction limits are exceeded on more than an occasional basis, the account type may be changed or the account may be closed.
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.