Business Checking Accounts Include:
All our business checking accounts include:
- Monthly e-statements
- Online Banking with bill pay
- Mobile Banking with Mobile Deposit
- 24-hour access to your account balances and the ability to transfer between accounts with online banking
- Business debit card with SecurLOCK®
- Notary services
Types of Business Checking Accounts We Offer:
First Business Checking
Our First Business Checking account is ideal for start-ups and small businesses with low transaction volumes.
Account Details:
- $200.00 minimum opening deposit
- No minimum balance requirement
- No charge for combined transactions of 500 items or less per month. If over 500 transactions are made in a month, a fee of $0.25 per transaction will be imposed
First Commercial Checking
Our Commercial Checking Account is a non-interest-bearing account perfect for mid-sized businesses with higher transaction volumes that use treasury management services.
Account Details:
- $200.00 minimum opening deposit
- Reduce or eliminate service charges through balance compensation; each month an earnings credit allowance based on collected balances is applied to the cost of your services. Cash management fees are offset to the earnings credit
- A $12.00 monthly maintenance fee will be applied
- Unlimited Check Writing Privileges
- The ability to combine your business checking accounts to provide one consolidated analysis
First Business Interest Checking
Sole proprietors should consider opening a First Business Interest Checking account. This business checking account earns interest on all collected funds and does not have a transaction limit.
Account Details:
- $200.00 minimum opening deposit
- Average minimum monthly balance of $1,000.00 to avoid $10.00 monthly fee.
- Fees may reduce earnings on the account
Non-Profit Advantage Account
For not-for-profit organizations, we recommend a Nonprofit Advantage account. This is a tiered account based on balance, perfect for nonprofits, associations, foundations, and other tax-exempt organizations that would like to earn interest on their entire account balance.
Account Details:
- $200.00 minimum opening deposit
- First check order (up to 250 checks)
- Tiered interest rates: The higher the balance, the higher the rate
- Interest compounded daily and credited monthly
- No transaction limit
- Average minimum monthly balance of $1,000.00 to avoid $12.00 monthly fee. Fees may reduce earnings
Please contact a Customer Service Representative for more information on our Business Checking options.