Business Deposits
Business Checking
Business Checking that Works as Hard as You Do
Business banking with built-in protection, digital tools, and flexible deposit solutions designed to help your business move confidently forward.
Visit any of our branch locations, contact our Remote Support Center to schedule an appointment, or connect directly with our Business Services team for personalized support.
| Account | Monthly Fee | Best For |
|---|---|---|
| Business Basic | $0 | Startups, nonprofits, and everyday business banking |
| Business Preferred | $10 | Growing businesses that want added perks and protection |
| Business Preferred+ | $15 | Established businesses needing enhanced fraud and cyber protection |
Included With Every Business Checking Account
Digital Banking, Bill Pay, eStatements, Business Debit Cards, Mobile Deposit, No fee for incoming wires
Business Basic Checking
Simple business banking with no monthly fee.
Ideal for startups, nonprofits, and small businesses looking for straightforward everyday banking.
Account Features
✓ Earn dividends with a current .025% APY*
✓ No minimum balance required to earn dividends
Monthly Fee: $0
Additional $5 fee applies to paper statements.
Business Preferred Checking
More tools and added perks for growing businesses.
Built for businesses ready for enhanced banking tools and added protection.
Account Features¹
✓ Earn dividends with a current .025% APY*
✓ No minimum balance required to earn dividends
✓ Work Perks employee benefits
✓ Debit card employee misuse protection
✓ Business bill negotiation services
✓ Buyer’s Protection & Extended Warranty
✓ Cyber liability protection up to $10,000
✓ Ransom threat protection up to $1,000
Monthly Fee: $10
Additional $5 fee applies to paper statements.
Business Preferred+
Premium business banking with advanced protection tools.
Built for businesses seeking enhanced fraud protection and premium banking support.
Account Features¹
✓ Earn dividends with a current .025% APY*
✓ No minimum balance required to earn dividends
✓ Work Perks employee benefits
✓ Debit card employee misuse protection
✓ Business bill negotiation services
✓ Buyer’s Protection & Extended Warranty
✓ Enhanced Protection & Monitoring
✓ Cyber liability protection up to $50,000
✓ Ransom threat protection up to $10,000
✓ Business ID Theft Aid
Monthly Fee: $15
Additional $5 fee applies to paper statements.
Already a Business Preferred or Preferred+ member?
Access your Business Fraud Protection and Bill Negotiation benefits here: BaZingBiz.com
Need Help Choosing the Right Account?
Our business banking team can help you find the right solution for your business goals, transaction needs, and growth plans.
Resources to Help Your Business Grow
Explore tools, insights, and educational resources designed to support your business at every stage — from starting out to scaling up.
Explore articles, financial tips, fraud prevention resources, and business planning tools.
Business Savings
Savings solutions designed to support your business goals.
Explore savings options designed to help your business grow and plan for the future. From basic and high-balance savings to long-term certificate solutions, we offer flexible ways to maximize your funds.
Business Savings
Simple business savings with everyday flexibility.
A straightforward savings account designed to help businesses build reserves while maintaining easy access to funds.
✓ Earn dividends with a current 0.25% APY*
✓ No monthly maintenance fee
✓ Online & mobile banking access
✓ Easy transfers between Industrial accounts
✓ Great for operating reserves and emergency savings
Business Premier Savings
Higher balances deserve higher earnings.
Earn tiered dividend rates while keeping your funds accessible.
✓ Tiered dividend structure
✓ Competitive rates for higher balances
✓ Earn up to a current 2.50% APY*
✓ Online & mobile account access
✓ Easy transfers between Industrial accounts
✓ Great for operating reserves and emergency savings
✓ Funds remain liquid and accessible
Certificates
Guaranteed returns with fixed-term savings.
Lock in competitive rates with flexible certificate terms ranging from 6 to 60 months.
✓ Fixed dividend rates for the term of the certificate
✓ Terms from 6 to 60 months2
✓ Earn up to a current 3.00% APY*
✓ $500 minimum opening balance
✓ Automatic renewal options available
More Ways to Save
Plan for the future with savings solutions designed for your long-term health and retirement goals.
Our HSA and IRA options help you save confidently while preparing for what’s ahead.
Health Savings Account (HSA)
Tax-advantaged savings for qualified medical expenses.
An HSA helps eligible business owners and employees save for healthcare costs while earning dividends.
✓ Earn dividends with a current 2.00% APY*
✓ Tax-advantaged savings potential
✓ Debit card access available
✓ Online & mobile banking access
✓ Funds available for qualified medical expenses
Full Rate & Fee Schedule
IRA Savings
Retirement savings designed for long-term growth.
Traditional and Roth IRA savings options with tiered dividend rates to help support retirement goals.
✓ Traditional & Roth IRA options
✓ Tiered dividend structure
✓ Earn up to a current 3.50% APY*
✓ Competitive rates on higher balances
✓ Long-term retirement savings flexibility
Full Rate & Fee Schedule
Flexible Savings Options for Every Business Stage
Whether you’re building emergency reserves, setting aside tax funds, planning for future expansion, or maximizing excess cash flow, Industrial offers savings solutions designed to help your business stay financially prepared.
Common Savings Goals
Emergency reserves
Seasonal cash flow management
Tax savings
Equipment purchases
Expansion planning
Employee healthcare savings
Long-term retirement planning
Ready to Power Your Business Forward?
Whether you’re launching something new, growing your operation, or protecting what you’ve built, Industrial has business banking solutions designed to help your business move confidently into what’s next.
¹See Business Preferred and Business Preferred+ Benefit Guides for full benefit explanations. Business protection and monitoring benefits may require activation through BaZingBIZ.com. Insurance products and protection benefits are not deposits, are not federally insured, are not obligations guaranteed by Industrial Credit Union or any government agency and may lose value.
*APY = Annual Percentage Yield. Rates are subject to change after account opening and fees may reduce earnings. Additional terms, conditions, qualifications, and restrictions may apply. See full Rate & Fee Schedule, and full Business Rate & Fee Schedule.
