Innovator Checking and Deposit Solutions

Venture Banking

Banking Built For Innovators

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.

BUILD YOUR BUSINESS

Solutions to simplify and empower your business.

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Checking Solutions

With 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.

Innovator Checking

For early-stage startups with basic treasury needs. Enjoy no monthly maintenance fees, free incoming wires, and free outgoing wires up to 10/month.

Treasury Tools

  • Online and Mobile Banking
  • Request Domestic and International Wires
  • Bill Pay
  • Zelle
  • Mobile Deposit
  • E-Statements
  • Secure Email Correspondence
  • Export to QuickBooks

Innovator Checking Pro

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.

Treasury Tools

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

Liquidity Solutions

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.

Other Corporate Solutions

Venture Lending Offerings

For qualifying organizations.

Corporate Asset Management

Optimize your cash reserves while maintaining liquidity and minimizing risk. Not FDIC Insured, Not A Deposit, May Lose Value.