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You work hard for your money and it should work hard for you. An IBC account
earns interest that is compounded daily and paid to your account monthly. Your IBC pays
interest based on each days ending balance. This assures that you earn the
maximum interest possible even if your account balance dips for just a few days
during the month.
If your account falls below the $500 minimum balance you're assessed a $5.00
service charge but still receive all the interest earned by your account that
month. Your interest paid can more than offset the service charge on many
occasions. A summary of account earnings is provided on your monthly bank
statement. Additional benefits associated with this account include:
- Competitive daily compounded interest rates.
- Unlimited check writing privileges.
- Low $500 minimum balance.
- Complimentary checks.
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