Business Accounts
Northern Interstate Bank offers a variety of business accounts. You can see our products below. If you would like more information on these accounts, feel free to call or stop by one of our branches, today!
Choice Business Checking
– For businesses with larger transaction volumes
– Monthly Maintenance Fee – $1.50
– $0.10 per check paid (written)
– $0.065 per transit item deposited
– Earnings credit to offset service charges (based on account balance)
Small Business Checking
– For businesses with lower transaction volumes
– No monthly maintenance fee
– No minimum balance required
– $0.15 per check paid (written) over 25 (first 25 free)
– $0.10 per transit item deposited over 75 (first 75 free)
Business Checking – Image Statement
– Image statements (copies of paid checks included w/ monthly statement)
– Monthly maintenance fee $10.00
– $0.10 per check paid (written)
– $0.08 per transit item deposited
– Earnings credit to offset service charges (based on account balance)
2-Signature Checking
– Image Statements
– Monthly maintenance fee – $15.00
– $0.50 per check paid (written)
– $0.08 per transit item deposited
– Bank monitors all checks for 2 signature requirement
Business Money Market
– Minimum Balance Required – $2,500
– $5.00 monthly service charge if below minimum balance
– Tiered interest rates
– Minimum balance to earn interest – $2,500
Choice Money Market
– Premium interest rate earned at certain tier(s)
– Minimum balance required – $25,000
– $25.00 monthly service charge if below minimum balance
– Tiered interest rates
– Minimum Balance to earn interest – $2,500
Choice Business Savings
– Minimum opening deposit $25
– Minimum to earn interest $100
– Monthly interest
– Monthly ‘Combined Statement’ w/ a business checking account
Quarterly Statement Business Savings
– Minimum opening deposit $25
– Minimum to earn interest $100
– Quarterly interest
– Quarterly Statement
We also offer competitive municipal deposit products! Call or stop into any of our branches for more information. Click here for branch contact information.