Burling Bank deposit products: FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Innovator Banking Solutions

Innovation Banking

Banking Solutions Built for Local Entrepreneurs

Supporting Chicago’s innovation economy starts with backing its builders. We offer qualifying local startups free checking solutions, designed to make banking simple — so you can focus on growing your business.

BUILD YOUR BUSINESS

Solutions to simplify and empower your business.

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Checking Solutions

A reflection of our commitment to assisting the local innovation economy, we offer free checking to qualifying startups – because supporting Chicago’s innovation economy starts with backing its builders.1

Whether your banking needs are simple or complex, our account allow for seamless banking so you can focus on what matters.

Innovator Checking

for qualifying startups2

All the perks of corporate checking with no monthly maintenance fees, free incoming wires, free outgoing wires up to 15/month, and other reduced fees.

Treasury Tools

  • Online and Mobile Banking
  • Domestic and International Wire Entry
  • Online FX Wire Entry
  • ACH Origination
  • Positive Pay – ACH and Check
  • Account Reconciliation Tools
  • Business Bill Pay
  • Mobile Deposit
  • Remote Deposit Capture
  • E-Statements
  • Secure Correspondence
  • Customizable Security and Controls

Other Account Types and Liquidity Solutions

Flexible Interest-Bearing Solutions:

Inquire at Burling Bank for current interest-bearing
account solutions – Money Market Accounts and CDs.

Liquidity Solutions:

 

Cash Sweep:
Maintain your daily liquidity needs while utilizing Burling’s sweep solution to earn a return on excess funds.

Insured Cash Sweep:
Insure your deposits by utilizing Burling’s Insured Cash Sweep solution, spreading your funds across member banks.

Debit and Credit Cards:

Utilize Burling’s Commercial Debit and Credit Card Solutions to optimize your businesses’ payables. Find out more about credit card solutions.

Foreign Exchange:

Make seamless cross-border payments with Burling FX.

Other Solutions for Innovators

Innovator & Fund Lending

Financing solutions for qualifying organizations in the venture community.

Burling Asset Management

For corporations and institutions: optimize your cash reserves while maintaining liquidity and minimizing risk

Not FDIC Insured, Not A Deposit, May Lose Value.

1. Certain fees may still apply. Contact Burling Bank for additional information.

2. Innovator Checking is typically reserved for referrals from local partnerships i.e. incubators, accelerators, etc. Eligibility is subject to the Bank’s discretion.