Regular Savings Account*
Earn interest on the money you save!
- $25 minimum opening and daily balance requirement
- Below minimum = $1 maintenance fee per month
- Minimum balance maintenance fee is waived for our customers who are under 18
- 6 free withdrawals per month. Excessive Withdrawal Fee: $2 per withdrawal
VIP Savings Account*
Earn competitive interest rates on higher balances!
- $5,000 minimum opening and daily balance requirement
- Below minimum = $5 maintenance fee per month
- 6 free withdrawals per month. Excessive Withdrawal Fee: $2 per withdrawal
- Must maintain a minimum average daily balance of $5,000 to obtain the disclosed annual percentage yield
Premier Savings Account*
(Consumer Only)
Premium savings account rewards balances with higher interest rates of return!
- $25,000 minimum opening and daily balance requirement
- Below minimum = $25 maintenance fee per month
- 6 free withdrawals per month. Excessive Withdrawal Fee: $25 per withdrawal
- Must maintain a minimum average daily balance of $25,000 to obtain the disclosed annual percentage yield
* Fees could reduce earnings on the account.
Insured Cash Sweep (ICS)®
(Consumer and Business)
Enjoy full access to your funds and earn interest at the same time. Insured Cash Sweep is a cash management tool for customers who want to secure large deposits while maintaining access to their funds. A perfect alternative to repurchase agreements and other less flexible accounts, ICS offers competitive interest, same day access to your money and multi-million dollar FDIC insurance. As a member of the ICS network, Independence Bank offers large deposit customers access to a cash management tool that will secure their funds and streamline their business.
- Maintain FDIC insurance coverage by working directly with Independence Bank
- Receive one consolidated monthly statement for all of your accounts
- Check accounts online 24/7
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