Business Options Checking
We understand that sometimes you let your customers order off menu – we also understand that sometimes your banking needs are off menu. So we created the Business Options Checking account, meant for mid-size businesses that find themselves somewhere between the Basic Business Checking account and the Analyzed Business Checking account. No monthly service charges with a $10,000 minimum daily balance, or a $25,000 average monthly balance.
- A dedicated relationship banker to help review your business needs
- Access to Business Online banking and Business Bill Pay as well as Cash Management:
- Remote Deposit Capture
- ACH and wire capability
- Lockbox access
Contact i-bank to see if this account is right for you.
Terms: You must maintain a $10,000 minimum daily balance or $25,000 average daily balance to avoid the $20.00 monthly service fee. This account allows 500 total items before a $0.40 per item fee is assessed. Must provide a business license and a copy of the letter from the IRS issuing the tax ID number.