We've been serving our clients for over 5 decades. So, if you need a business loan, call IDB Bank. We're here, it's business as usual.
International clients, please click here
Regular Checking Accounts
Enjoy a regular checking account with no monthly service charge if you maintain an average daily collected balance of $7,500.
You can access your checking account, pay bills and transfer funds between your accounts. Do all this and more through the Internet. Contact your bank officer for details
IDB Better CheckingSM Accounts (Not-For-Profit only)
Not-For-Profit organizations can enjoy all the benefits of a regular checking account plus interest by maintaining a minimum daily collected balance of $5,000. To avoid a monthly service charge maintain an average daily collected balance of $7,500.
Money Market Savings Accounts
Invest in an account that offers higher money market interest rates and access to your funds by maintaining a minimum daily collected balance of $5,000. To avoid a monthly service charge maintain an average daily collected balance of $7,500. These accounts are limited in the number of monthly transactions as required by law.
A wide range of time deposit maturities is available. Preferred rates are paid on deposits of $100,000 or more. Also ask about our Foreign Currency Time Deposits and other Time Deposit products. Deposits booked through our Cayman Island Branch, or IBF, are not FDIC insured.
Structured Time Deposits with Principal Protection
Our innovative Structured Time Deposits with Principal Protection offer exciting potential for increased return without risk to principal - even those that are linked for example, to equity indexes. These are particularly interesting for the risk-averse investor. p>
Safe Deposit Boxes
Protect your valuables in the heart of New York City at our modern facilities for just pennies a day.
Other Business Banking Services
- Cash Management
- Direct Deposit of Your Payroll
- Escrow Accounts
- Foreign Collections
- Foreign Currency Demand Deposit Accounts
- Foreign Currency Time Deposits
- Hold Mail Service (for international clients)
- Interest on Lawyer Accounts (IOLA/IOTA/IOLTA)
- Lock Box Facilities
- Commercial Lending Services
- Money Transfers
- Not-for-Profit ProsSM
- PRO2PROSM - for professional firms
- Rent Security Accounts
- Safekeeping and Custody of Securities
- Travelers Checks
- Visa® Business Cards
- Remote Capture
NOTICE REGARDING THE UNLAWFUL INTERNET GAMBLING ENFORCEMENT ACT OF 2006
AND THE FEDERAL RESERVE BOARD’S REGULATION GG
U.S. Private Banking
International Private Banking
For more information, please contact:
Elliot Tolchin, FVP
511 Fifth Avenue, NY, NY 10017
Yoav Peled, EVP and Regional Manager for California
9401 Wilshire Blvd., Suite 600
Beverly Hills, CA 90212
Moti Levy-Tsedek, FVP & Branch Manager
888 So. Figueroa Street, Suite 550
Los Angeles, CA 90017