More business banking for your buck.
At Ion Bank, we believe in doing more with more! We offer several Deposit Accounts for your hard-earned business dollar. Choose from multiple Business Checking options, simplify spending with our Business Debit MasterCard, get unlimited access and control with Online Banking with Bill Pay – and much more!
Find out what you will need to open a deposit account:
Non-Personal Statement Savings
A statement savings account for your business:
- Variable rate of interest
- Set up easy, automatic deposits from checking accounts
- Free Direct Deposit, iBanking, eStatements and Bank-by-Phone
Business Money Market
A savings vehicle that allows businesses to earn interest:
- Competitive tiered interest rates
- Flexibility of limited check writing abilities.
- Liquidity of a traditional savings account
Simplified Employee Pension Plans (SEP)
Treated as a traditional IRA but is subject to contribution limits:
- Easy to set up and operate
- Flexible annual contributions
CDARS®
One of the safest options for businesses looking to protect their high dollar investments with FDIC insurance:
- Ion Bank breaks apart the customer’s deposit into smaller accounts, which are then placed with other network banks.
ICS
Businesses don’t have to decide between account safety and earning a return:
- When you place a large deposit with Ion, we use the R&T Insured Cash Sweep service to place their funds into demand accounts at other FDIC-insured member institutions.
- Earn interest and have access to funds through program withdrawals.
- Single Monthly Statement
Business Overdraft Lines
Don’t worry about making a last-minute deposit! Apply to have your checking account funded automatically.
IntraFi® Network DepositsSM
When your business account goes above FDIC insurance limits, we ensure the funds stay protected and safe.
Insured Cash Sweep®
Businesses don’t have to decide between account safety and earning a return with FDIC protection.
*IntraFi Network Deposits is a service mark of “IntraFi Network LLC”.
Explore Additional Business Banking Products
Business Lending
Reach your business goals with commercial mortgages, competitive rate loans or lines of credit.
Online Banking
Improve your cash flow with savings products, customized payroll solutions & more.
Business Credit Cards
Credit cards with free online reporting, Zero Fraud Liability & more.