Innovator Checking and Deposit Solutions
Venture Banking
Venture Banking
Driven by a strong vision for Chicago’s Innovation Economy, Burling Bank offers tailored baking solutions for local ventures. Explore our offerings below, or connect with us to see how we can help your startup reach its potential.
Solutions to simplify and empower your business.
Let’s talkWith an intent towards assisting our local entrepreneurs, Burling Bank is proud to offer free checking to qualifying venture-targeted startups for an introductory period of two years. Choose from two tiers of Innovator Checking – whether your banking needs are simple or complex, our offerings allow for seamless banking so you can focus on what matters.
For early-stage startups with basic treasury needs. Enjoy no monthly maintenance fees, free incoming wires, and free outgoing wires up to 10/month.
For later-stage startups with advanced treasury needs. All the perks of corporate checking with no monthly maintenance fees, free incoming and outgoing wire transfers, and other reduced fees.
Flexible Interest-Bearing Solutions:
Inquire at Burling Bank for current interest-bearing
account solutions – Money Market Accounts and CDs.
Liquidity Management:
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 over $250,000 by utilizing Burling’s Insured Cash Sweep solution, spreading your funds across member banks.
Corporate Asset Management:
Learn more about Burling Bank’s Corporate Asset Management solution, ensuring an optimized cash return through a number of customizable investment types.
Debit and Credit Cards:
Utilize Burling’s Commercial Debit and Credit solutions to optimize your businesses’ payables.
Foreign Exchange:
Make seamless cross-border payments with Burling FX.