Learn about the rewards of the IEEE Concentration Banking Program.
Rates shown here are for March 2013:
|USD Concentration Banking Accounts||CAD Concentration Banking Accounts|
The IEEE Concentration Banking Program offers all Geographic Units, conferences, and Standards Developing Committees a bank account with unlimited check-writing privileges, paying a higher rate of interest than traditional business checking accounts. The account works just like a normal checking account. You make deposits, write checks, and earn interest on the daily ending balance for the benefit of your IEEE unit or group.
The type of IEEE Concentration Banking account you have will be determined by the location of your IEEE operating unit.
A Concentration Banking (CB) Card is available for all IEEE Concentration Banking accounts. The CB Card (PDF, 526 KB) is a MasterCard credit card with debit features and can be used internationally wherever MasterCard is accepted.
IEEE Concentration Banking account statements and cancelled checks can be viewed online via the Concentration Banking Reporting System (CBRS) Web site. Because monthly statements are no longer mailed, Treasurers will receive e-mail notification each month when the statements have been finalized and are available for viewing.
IEEE Concentration Banking Program Staff
CB Card Program