TRANSACTION ACCOUNT GUARANTEE PROGRAMInland Bank and Trust is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules. Please note: Prime Money Market, Prime Interest Checking (Green and Traditional), Prime Business Money Market and Prime Interest Business are covered under the FDIC's general deposit insurance rules and are not fully guaranteed. personal checking |
Your Inland Bank Personal Account Features
| Checking Accounts | Carefree Checking | Club Account | Interest Checking | Prime Interest Checking |
Prime Money Market | |
| GREEN | TRADITIONAL | |||||
| Minimum balance to open | $100.00 | $100.00 | $100.00 | $100.00 | $1,000.00 | $10,000.00 |
| Minimum balance to avoid service charge | None | $5,000 deposit balance relationship | $500 Average Daily Balance | n/a | $1,000.00 | $10,000.00 |
| Monthly service charge | None | $5.00 | $10.00 | $10.00 if less than 12 debit card transactions per statement cycle | $10.00 | $25.00 |
| Monthly service charge with check imaging | n/a | $7.00 | $12.00 | n/a | $12.00 | n/a |
| Interest compounding frequcncy* | n/a | Monthly | Monthly | Monthly | Monthly | Monthly |
| Interest posting frequency** | n/a | Monthly | Monthly | Monthly | Monthly | Monthly |
| Minimum balance to earn interest* | n/a | $0.01 | $0.01 | $0.01 | $1,000.00 | $10,000.00 |
| Star ATM access | Unlimited - Free | Unlimited - Free | Unlimited - Free | Unlimited - Free | Unlimited - Free | n/a |
| Cirrus ATM access | $2.00 each | $2.00 each | $2.00 each | $2.00 each | $2.00 each | n/a |
| Online Banking | Free | Free | Free | Free | Free | Free |
| Online Bill Pay | Free | Free | Free | Free | Free | n/a |
| Number of checks allowed per month | Unlimited - Free | Unlimited - Free | Unlimited - Free | Unlimited - Free | Unlimited - Free | Six debits: 6 can be checks, fee for each check over 6 is $25 |
| Safekeeping of checks | Free | Free | Free | Free | Free | Free |
| Combined account statements | Free | Free | Free | Free | Free | Free |
| Statement frequency | Monthly | Monthly | Monthly | Monthly | Monthly | Monthly |
| Check imaging offered with statement | No | Optional | Optional | Required | Optional | n/a |
| Check printing charges | First 50 free ** | 2 boxes per year at no charge | First 50 free** | First 50 free** | First 50 free** | First 40 free** |
| Savings Accounts | SIMPLY SAVINGS | YOUNG BANKERS | SAVINGS PLUS |
| Minimum balance to open | $100.00 | $50.00 | $1,000.00 |
| Minimum balance to avoid service charge | $100.00 | None | $2,500.00 Average Daily Balance |
| Monthly service charge | $2.00 | None | $5.00 |
| Compounding frequency1 | Quarterly | Quarterly | Quarterly |
| Interest posting frequency2 | Quarterly | Quarterly | Quarterly |
| Minimum balance to earn interest1 | $0.01 | $0.01 | $1,000.00 |
| Star ATM access | Unlimited – FREE | n/a | n/a |
| Cirrus ATM access | $2.00 fee | n/a | n/a |
| Online Banking | FREE | n/a | FREE |
| Online Bill Pay | n/a | n/a | n/a |
| Auto transfer | FREE | FREE | FREE |
| Combined account statements | FREE | FREE | FREE |
| Statement frequency | Quarterly | Quarterly | Quarterly |
| Number of withdrawals per month | Six debits per month, $2.00 for each debit over 6 | Six debits per month, $2.00 for each debit over 6 | Six debits per month, $2.00 for each debit over 6 |
1 Refer to the Deposit Rate Sheet for the current rates and terms.
2 Free check printing is limited to basic style personalized checks.
