Business Checking
For seamless financial operations
A business checking account helps support day-to-day business banking by giving businesses a dedicated account for managing their financial activity. IC Credit Union offers Business Checking for businesses that need an account to handle routine banking operations while staying on top of their finances. Our Business Checking account includes perks such as:
- $200 minimum balance per statement cycle*
- 500 free transactions, such as deposited items and cleared checks, per statement cycle**
- Free online banking bill pay
- $50 off first check order or free wallet checks
* $7.00 fee if below $200 minimum per month
** $.40 per transaction over 500 per month
Business Checking FAQs
What do I need to open a business checking account?
You’ll need your business formation documents, EIN or Tax ID, and a valid ID for all authorized signers. Requirements may vary by business type.
How is a business checking account different from a personal checking account?
A business checking account is designed for business transactions, helps keep finances separate, and makes bookkeeping and tax reporting easier.
What should I compare when choosing a business checking account?
Look at fees, transaction limits, online and mobile banking features, debit card access, and the availability of additional business services and support.
