IBC Elite Advantage (Money Market)
A competitive interest bearing account with bonus rates on CDs for those who are 50 years of age or older that maintain higher than average balances. This account also offers premium money market rates. No service charge if the required balance is maintained.*Personal IBC Elite Advantage OverviewChecking Process Header
* Account Requirements and Service Fees:
- Maintain minimum daily balance of $5,000 or average collected balance of $7,500 to avoid service charge
- Must have an IBC Elite Checking (N.O.W.) account
- Tiered rate of interest. Requires a minimum daily balance of $5,000 to earn interest
- Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (e.g. checks)
- $15 service charge per month if balance requirements are not met
- Per debit charge is $0.25
- Debits are any and all withdrawals made from this account, except for bank associated fees and/or service charges
- Postage fee based on number of enclosures
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