Our checking and savings accounts allow you the flexibility and convenience needed to run your business successfully. We offer simple and cost-saving solutions so you can focus on your business, not your banking.
Business Checking
INB offers checking accounts for businesses of all shapes and sizes.
The following chart compares our three small business solutions called Premier, Basic and Everyday. If you don't see an option that’s the right fit for your business, we will work with you to customize a business banking plan specifically for your company.
| |
Small Business
Solutions |
| |
Premier |
Basic |
Everyday |
| Opening deposit |
$100 |
$100 |
$100 |
| Average daily collected balance |
$12,000 to waive Monthly maintenance fee |
$12,000 to waive Monthly maintenance fee |
n/a |
| Credits, debits and deposited items |
Each credit and debit is $0.15; each deposited item is $0.12 |
First 500 items included; $0.40 for each additional item |
First 150 items included; $0.30 for each additional item |
| Interest |
0.15% on average collected balance1 |
No |
No |
| Monthly maintenance fee |
$15 |
$15 |
$5 |
| Paper statement fee |
$2 |
$2 |
$2
|
1Rate subject to change at any time without advance notice. Ask for current interest rate chart.
2Fees may reduce earnings.
3You may make six (6) transfers from your account each four (4) weeks or similar period if pre-authorized or automatic transfer or telephone (including data transmission) agreement, order or instruction, or by check, draft, debit card or similar order (including point of sale transactions), made by the depositor and payable third parties. Transfers and withdrawals made in person, by mail or at an ATM are unlimited.
Contact us at 217-747-5500 or 877-771-2316 for more information.
Business Savings & Money Market Accounts
Let idle cash earn interest by opening a Business Savings or Money Market Savings Account. The following charts compares our Business Savings Account to a Money Market Savings Account.
| |
Savings |
Money Market |
| Opening deposit |
$100 |
$1,000 |
| Minimum daily balance |
$500 |
$2,500 |
| Earns Interest1 |
Yes |
Yes |
| E-statement and e-notice delivery |
Included |
Included |
| Monthly maintenance fee2 |
$3 (Can be waived by maintaining the minimum daily balance) |
$7 (Can be waived by maintaining the minimum daily balance) |
| Excess deposited item fee (in excess of 25 per month) |
$0.25 (First 25 deposited items included) |
$0.10 (First 25 deposited items included) |
1Rate subject to change at any time without advance notice. Ask for current interest rate chart.
2Fees may reduce earnings.
Contact us at 217-747-5500 or 877-771-2316 for more information.
Business Solutions available with every business checking account:
Contact us at 217-747-5500 or 877-771-2316 for more information.
Please be aware of this new banking rule, part of the
Bank Secrecy Act, intended to aid the government in the fight against crime.