Bank Like a Boss

No-Fee* Business Checking with Our Business ONE Account

At Independent Bank, you can enjoy all the business banking perks without the fees.*

Open an Account

Earn up to $500** with a New Business ONE Account

Open an Account

Complete our online application or visit your local branch to open an account.

Move Your Money &

Earn $250 when you deposit $3,000 in new money within 30 calendar days of account opening and maintain that $3,000 as a minimum balance for a minimum 90 calendar days.

Swipe Your Debit Card

Earn $250 when you swipe your new debit card 20 times within the first 90 calendar days of opening your account.

Why Choose the Business ONE Account For Your Business Checking?

No Fees*

Maintain a $1,000+ average daily balance or enroll in eStatements to avoid fees.

Free Mobile Deposit

Skip a trip to the bank and deposit checks right from your phone.

Free Bill Pay

Pay bills securely from anywhere, anytime. Schedule one-time or recurring payments, track due dates, and avoid late fees—all in one place.

Perks, Protection & Discounts

Enjoy exclusive discounts, savings, and added perks with your Independent Bank Debit Mastercard^®.

Business ONE Checking FAQs

Answers to Common Questions About the Business ONE Checking Account

What do I need to open a business account?

All applicant(s) will need to provide their Social Security number, date of birth, occupation, and physical address. Applicant(s) must be an authorized officer of the business and a U.S. resident.
The business should be legally formed in the U.S. and have operations in Michigan.
The applicant(s) will need to provide the legal business name, address, business tax ID number, the date the business was established, as well as any supplemental business documents requested.

Will I be able to request a debit card with my business account?

Yes, a free business debit card is included with your account.

How can I access my funds outside the Independent Bank branch network?

You can access your funds at over 32,000 MoneyPass® ATMs without incurring any fees.

*If eStatements are not selected, or an average daily balance of $1,000 or greater is not obtained, a $10/month service fee will be assessed. The first 500 items (including checks/paid debits, deposits/credits, and deposited items) processed each month are free. Any additional items will incur a fee of $0.50 per item. Currency and coin deposits are free for the first $25,000 deposited each month. For deposits between $25,001 and $50,000, a fee of $1.50 per $1,000 will apply. For deposits exceeding $50,000, the same $1.50 per $1,000 fee applies. Accounts are subject to standard account opening guidelines. Other fees and restrictions may apply.

**Subject to 1099-INT reporting. Offer paid out within 120 calendar days of qualification for each individual bonus. Valid for new checking account customers only. Cannot be combined with any other offer. Account must be in good standing to receive the bonus. Offer Begins February 20, 2025 and is subject to change or termination at any time.