Business Interest

Put idle money to work for your company by earning interest on your balance. Meanwhile, you can process 300 transactions per month at no charge.1




It's a checking account with your company's best interests in mind.

You demand a lot from yourself and your team, so you should expect the same from your business accounts. With Business Interest Checking, you get all the convenient digital tools to manage your money with the added benefit of earning interest at a competitive rate. Plus, you can process a larger number of transactions at no cost. Get the account that's geared toward business growth.
  • $100 minimum opening deposit
  • Free Online and Mobile Banking2
  • Business Bill Pay and mobile check deposit available3
  • Debit cards for fast, easy purchases online and in stores
  • No overdraft charges for insufficient funds of $5 or less4
 

Waiving Fees

Business Interest Checking has a $12 monthly service charge. We'll waive the fee if your business does at least one of the following:
  • Enrolls in Merchant Services
  • Maintains a $10,000 minimum checking balance
  • Maintains $50,000 combined deposit and loan balances5 at Bank Independent
 
 
 


Disclosures
1 An additional charge will apply to process more than the listed number of items
2 Carrier data charges may apply.
3 Requires separate enrollment. See a Business Banking Specialist for additional details.
4 An NSF/Overdraft fee will not be charged to an account if the ending daily balance in the account is overdrawn by $5.00 or less.
5 The combined balance is calculated by adding the lowest daily balance that occurred in each of your deposit and loan accounts during your statement cycle.
 
We will charge an NSF/Overdraft fee of $36 for each presentment that overdraws your account. We will not charge more than 6 NSF/Overdraft fees to your account in one business day. An NSF fee is a charge that is assessed when a presentment is returned by the bank due to insufficient funds in the account. An overdraft fee is a charge assessed when a presentment is paid by the bank on an account with insufficient funds. Standard overdraft practices apply when you have authorized us to pay, and we have agreed to pay checks and other transactions causing an overdraft through automatic bill payment and for checks and other transactions made using your account number. Whether your overdraft item will be paid is discretionary and we reserve the right not to pay. We will not authorize and pay overdrafts for ATM transactions or everyday debit card transactions unless you ask us to. Deposits are required within 45 days of an overdraft. If an overdraft is not paid in full within this period, your account is subject to close. See a Personal Banker for details on minimum balance requirements and monthly maintenance fees for all deposit accounts. (Schedule of fees)