IBC Bank's Elite Checking (NOW) is a interest bearing account for those 50 years or older who have high balances and do not write many checks. Variable interest rates are provided with customer card protection. This account has an emergency cash advance service with $100,000 common carrier accidental death insurance coverage. Pharmacy service discounts, 24 hour travel reservation service, registered keying and lost key return service are other features. Free benefits Included are bank stock checks, the IBC bank online and IBC voice. Account requirements and service fees include an average collected balance of $1,500 or more OR a minimum daily balance of $500 to avoid monthly service fee. It requires a daily collected balance of $500 to earn interest and a $5 monthly service charge is given if requirements are not met.