Business Savings

Savings made seamless

Once you have a Business Checking or CheckingPlus account, you’re in for a treat—the Business Savings account. It allows you to sweep targeted daily limits from your checking to your interest-bearing savings account.

  • Interest-bearing
  • Eligible for sweep when paired with Business Checking or CheckingPlus
  • Eligible for overdraft protection
  • No minimum balance
  • No monthly service charge
IC Business Savings Account

Empowering Your Business

Eligible for Sweep
No Monthly Fee

Easy 3-Way Application

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If you have any questions left

Main Office

300 Bemis Road, Fitchburg, MA 01420

Main Office (800) 262-1001

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    Get the best rate for you

    Business Fee Schedule

    Effective as of May 1, 2023

    Business Checking ($200 minimum)$7.00 per month + $0.40 per check and deposited item after the first 500 items
    Business CheckingPlus ($1,500.00 min)$12.00 per month + $0.40 per check and deposited item after the first 500 items
    Bill Pay1-10 Bill Payments FREE
    11-40 Bill Payments $10.00
    41 and above Bill Payments $0.50 per item
    Statement Copy$5.00 per statement plus research fee
    Stop Payments Placed$25.00 per order
    Account Activity Printout (branch)$2.00 each
    Check or Form Image$2.00 each
    Account Research/Reconciliation (1 hr. minimum)$20.00 per hour
    Government Levy (1 hr. minimum)$50.00 per hour
    Official Check - less than $1,000.00$3.00 each
    Official Check - $1,000.00 and above$5.00 each
    Certified Check$20.00 each
    Visa Debit Card Foreign ATM Transaction$1.00 per transaction
    Visa Debit Card Replacement$10.00
    Wire Transfer - Domestic$25.00 each
    Wire Transfer – International$50.00 each
    Collection Item$25.00 each
    Returned Deposited Check$15.00 each
    Dormant Account$5.00 per month
    Cloth Bags with IC Logo and Locks$30.00 each
    Keys to Night Depository Box$3.00 each
    Lost Night Depository Box Key Replacement$15.00 each
    Staff Assisted Telephone Transfers$2.00 each
    Staff Assisted Balance / Account Information$2.00 each
    Cash Advance Fee (the greater of)$10.00 or 5%
    New Account Early Closeout$10.00
    The following fees can be caused by checks, in-person withdrawals, ATM withdrawals, ACH or other electronic means.
    Insufficient Funds Charge (NSF) $30.00 per item
    Uncollected Funds Charge$30.00 per item
    IC Courtesy Pay Overdraft Sweep$15.00 per day