Business Banking - Checking
| Business Checking Interest Rates (for non-profits and sole proprietors) |
| Business Deposits | Rate | APY* |
| $0 - $9,999 | 0.49% | 0.50% |
| $10,000 - $24,999 | 0.49% | 0.50% |
| $25,000 - $49,999 | 0.74% | 0.75% |
| $50,000 - $74,999 | 0.99% | 1.00% |
| $75,000 + | 1.24% | 1.25% |
|
*Annual Percentage Yield Interest rates effective 7/7/2008. Rates are subject to change at any time and may change after the account is opened. |
||
Checking
Business Checking
At Independence Bank, we offer a variety of checking accounts to fit your needs. Call today to speak directly with one of our relationship managers (401) 866-4600.
Business Interest Checking
(For sole proprietors and non-profits.)
- $100 opening deposit
- No monthly fee
- No minimum balance required to earn interest
IOLTA
(Designed for lawyers and law firms to hold escrow deposits. Interest earned on the account is forwarded to RI Bar Association to support legal foundations.)
- $100 opening deposit
- No monthly or per item fees
- Interest paid on balances
