Illinois Bank & Trust operates 10 branches in Illinois. Their small business offerings include business savings and checking accounts, lending, treasury management, investment services, wealth advisory, retirement and insurance plans, and more. They have an A+ BBB rating and positive reviews on Bankrate and DepositAccounts.com.
Illinois Bank & Trust Business Checking Rates & Fees
|Monthly Fee||$5 per month, waived if balance requirement is met|
|Minimum Balance Requirement||$1,500 average daily balance|
|Transaction Fee||100 combined transactions at no charge per monthly statement cycle, $0.50 per additional transaction|
|Wire Transfer Fee||Incoming (domestic): $12|
Incoming (international): $15
Outgoing (domestic): $25 - $30
Outgoing (international): $40 - $50
|Cash Deposit Fee||Free for the first $10,000 cash processed per statement cycle, $0.10 per $100 thereafter|
|Overdraft Fee||$35 per day (maximum of five items or $175 per day)|
|ATM Fee||$2.50 per non-network ATM transaction|
Illinois Bank & Trust Network
Illinois Bank & Trust serves customers from 10 locations in the Rockford metropolitan area, Rock Falls/Sterling region, Galena, Elizabeth, and Stockton, Illinois markets. You can use their branch locator to see which locations are closest to you.
Illinois Bank & Trust Additional Business Banking Services
Illinois Bank & Trust also offers the following business services: business savings and money market accounts, credit cards, lines of credit, and wealth management, as well commercial and agribusiness loans. Find out more about their small business offerings on their website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||✓|
|Business Credit Cards||✓|
|Commercial Real Estate Loans||✓|
Best Small Business Business Checking Account
Want to know which bank we named the best business checking account for small businesses? Read our business checking account buyer’s guide comparing the top six options.