Savings
If your business needs ready access to cash, stash your extra funds in our simple savings account and earn interest on your hard-earned money. Just maintain a minimum balance of $100 to avoid paying the $6 monthly service charge.
Smart Money Market
Our Smart Smart Money Market account is also a smart business decision, designed to make your savings work harder for you.
- Open your account with a $10,000 deposit, and enjoy the benefit of competitive interest rates while maintaining easy access to your funds.
- With a minimum monthly balance of $10,000, you'll waive the $15 monthly service charge — helping you maximize your savings potential.
This account offers a perfect balance of growth and flexibility, ideal for those who want to keep their money accessible.
Certificate of Deposit (CD)
A Bank Independent CD is an excellent way for businesses to turn savings into earnings. The secure rate ensures maximum returns with minimum risk. Choose from short- or long-term CDs and fixed or bump rate options.
Smart Swipe
Simplify savings by enrolling in Bank Independent's Smart Swipe program, where we round up change from your Bank Independent Debit Card purchases to the next dollar and deposit that into another BI account of your choosing. Learn how a little change can add up to a lot of savings and enroll in Smart Swipe
here.
Here's how Smart Swipe works:
- Use your Bank Independent Debit Card for a purchase.
- We'll round up that amount to the nearest dollar.
- We will automatically deposit the difference into your designated account
Smart Swipe Examples
| Use Your Debit Card to Buy |
You Pay |
We Will Round It Up To |
And Then Transfer |
Watch Your Balance Add Up |
| Coffee |
$5.47 |
$6.00 |
$0.53 |
$0.53 |
| Fuel |
$27.21 |
$28.00 |
$0.79 |
$1.32 |
| Groceries |
$64.52 |
$65.00 |
$0.48 |
$1.80 |
| At the end of the business day, we'll transfer your savings to your designated account |
$1.80 |
