Relationship Rewards

  • Bank Independent has created Relationship Rewards checking so you can reward yourself for free!


    With Relationship Rewards checking, you'll receive:

    • Interest on your Checking Balance – Relationship Rewards is an interest-bearing checking account.
    • 1% Cash Back on Loans – Receive cash back on your Bank Independent installment loan payment if 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.

    • First Order of Checks Free – After your initial order, you'll just pay shipping and handling on reorders.

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

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

    • Overdraft Protection Options**** -- Things happen.  We understand, and our overdraft protection options can help.


    It's easy to qualify for Relationship Rewards with No Monthly Service Fee**:

    • 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.***


    *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 who don't meet the qualifiers for a $5.95 monthly service fee

    ***Combined balances are determined by adding the minimum balance in your checking account during your statement cycle to your other deposit and loan balances as of your checking account statement date.  Mortgages under $200,000 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 overages 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, with a maximum of ten (10) charges per day.