Relationship Rewards

  • Bank Independent's Relationship Rewards checking is perfect for small to medium-sized businesses (both for-profit and non-profit) with moderate transaction* volume.


    With Relationship Rewards checking, you'll receive: 

    • Interest on your Checking Balance – Relationship Rewards is an interest-bearing checking account.  
    • Debit Card Rewards – Redeem points for cash, travel and more.

    • 1% Cash Back on Loans – Receive cash back on your Bank Independent installment loan payment when your payment is scheduled for automatic deduction from your Relationship Rewards checking account. See program details.** 

    • 20% Discount on a Safe Deposit Box – Just elect to have your safe deposit fee automatically deducted from your Relationship Rewards checking account. 

    • Statements with Check Images – Receive paper or electronic statements (eStatements) with complimentary check images. 

    • Online Banking with Bill Pay – Bank whenever, wherever you'd like with our many electronic banking options, including Mobile Banking.

    • Overdraft Protection Options+

     It's easy to qualify for Relationship Rewards with no monthly service fee.***  Just: 

    • Have a regularly-scheduled direct deposit into your checking account, OR 

    • Enroll in one of our Smart Growth savings programs, saving as little as $50 per month with an automatic transfer into the account, OR 

    • Maintain at least $2500 in any combination of Bank Independent deposits or loans.**** 

    *A per-check charge of $.55 will apply after the first 400 checks are processed each month.

    **To see if your 1% cash back rewards are tax-deductible, consult a tax attorney, CPA or your personal tax preparer

    ***Relationship Rewards checking is available to those businesses which don't meet the qualifiers for a $7.95 monhtly service fee

    ****Combined balances are determined by adding the minimum balance in your checking account during your statement cycle with all your other deposit and loan balances as of your checking account statement date.  Mortgages closed with Bank Independent's Mortgage Department and sold on the secondary market qualify for Relationship Rewards checking without a monthly service fee for seven years following the mortgage closing.

     +Having Overdraft Coverage does not guarantee that we will pay your overdrafts. If you have coverage and we do pay your overdraft on checks, in-person withdrawals, ATM withdrawals, or other electronic means, you will be charged $34 for each overdraft item that we pay up to a maximum of 10 overdraft charges per day.