Business Checking Accounts

Illinois National Bank has corporate checking accounts to meet a variety of business banking needs. Whether you're a small business owner or a large corporate customer, INB has an account that's right for you.


Simply Smart Business Checking Account
When it comes to managing a small business, "multi-tasking" is an understatement. So we developed a checking solution that makes managing money simpler and easier. It's called Simply Smart Business CheckingSM.

• Fits your requirements. Simply Smart Business CheckingSM is designed specifically for small businesses that don't require a lot of transactions. So our solution is simpler and more cost-effective. You can add options and customize your program from your business solutions services.
• Is convenient. Managing your business' money doesn't always happen between 9am and 5 pm. With Simply Smart Business CheckingSM, you can bank online 24/7. You'll receive email statement notifications and free online bill payment. If you need more convenience and want to offer Direct Deposit or Auto-Debit, just add those options to your program. And if you want added peace of mind, sign up for our fraud protection program.
• Is cost effective. Often, small businesses have to use (and pay for) big business checking. Simply Smart Business CheckingSM provides effective, simple and convenient money management tools. So you don't pay for big package services you don't need. Your first 75 credits and deposit items are free. Excess items are $.25 per item.

Basic Features
Internet banking - balance inquiry, intra-account transfers, check imaging, 24 month account history, automatic bill payment services, emailed monthly statements

• Monthly Cost: $7

Other Add-on Options
Internet Cash Management System
Direct Deposit via ACH
Online Stop Payment
Wire Transfers and Federal Tax Payments

• Monthly Cost: $20 and 10¢ for each ACH item

Positive Pay fraud protection - every check written is checked for validity

• Monthly Cost: $5; 15¢ per check.

Deposited Item Images - Monthly CD-ROM that includes your bank statement, check images, and all checks deposited.

• Monthly Cost: $20
  

Regular Business Checking Account
The Regular Business Checking Account is for businesses with high volume monthly activity. You receive an earnings credit for the average investable balance in your account each month. This is used to offset fees incurred during the month.


Interest Bearing Checking Account
The Interest Bearing Business Checking Account or NOW Account allows interest to be paid on daily collected balances and allows unlimited check writing. This account is available for sole proprietorships, not-for-profit organizations, and government agencies.


Business Sweep Account
The Business Sweep Account can make your money work for you. This Checking Account is designed to pay a competitive rate of interest on excess balances. This automatic feature saves you time and money and eliminates the need to make manual transfers to and from your savings account or your line of credit.

Click here to begin the process of opening an INB account or contact us at 217-747-5500 for additional information.