Indiana Community Bank
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Business Deposit Accounts

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Business Analysis Checking

For companies with account activity of more than 80 debits including written checks per month.

  • $100 minimum balance to open account
  • $10.00 monthly maintenance fee
  • $.18 per posted debit charge
  • $.22 per posted credit charge
  • $.20 per deposited item
  • Earnings credit set monthly by the bank*

*Earnings credit is allowance to you, offsetting part or all of the service charges on an account. Earnings credit is calculated on the basis of the average collected balance in the account during a period and the earnings credit rate in effect at the time.

Small Business Checking

Designed for the company that usually has less than 80 debits including written checks per month.

  • $100 minimum opening deposit
  • $1,000 minimum balance required to avoid $8.00 monthly service fee
  • If account falls below the $1,000 daily balance requirement or exceeds the free specified services, corresponding services will be charged
  • 80 free debits including checks paid per month
  • 80 free credit items deposited per month
  • If the account exceeds the 80 free debits per month an $.18 per item fee or exceeds 80 free credits per month a $.22 per item fee will be charged
  • $.20 per deposited item over 80
  • No monthly earnings credit

Business NOW < .5%

For eligible Sole Proprietorships and Not-for-Profit Organizations.

  • $100 minimum opening balance
  • $500 minimum balance to avoid a $5.00 monthly service fee
  • Interest accrues daily, compounds and is paid monthly
  • Fees waived for not-for-profit organizations

Business Market Index

  • $10,000 minimum balance to open account
  • $10,000 minimum balance to avoid $10 monthly service charge
  • Interest earned is on tiered balances and paid on daily collected balances
  • Interest accrues daily, compounds and is paid monthly
  • Limit of 6 withdrawals per month
  • $15 for each transaction in excess of 6 per month

Business Savings

Business Savings

  • $100 minimum balance to open account
  • $100 minimum daily balance to avoid $9.00 quarterly service fee
  • 18 withdrawals per quarter. A $3.00 fee is charged for each additional withdrawal over 18 per quarter
  • Unlimited transactions are allowed if conducted in person at the bank
  • Interest accrues daily, compounds and pays quarterly

Certificates of Deposit

  • 1 day to 60 months CDs available
  • Penalties assessed for early withdrawal
  • Jumbo CDs available - Please contact us for information

*Contact us for current interest rates