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Best Small Business Bank – Albemarle, NC

Running A Business 2 min read

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If you’re looking for the best small business bank in Albemarle, NC—the search stops with First Bank.

As a local bank, First Bank has a reputation for being an instrumental part of small businesses. Our proven history of small business lending combined with our variety of options for helping manage business funds makes First Bank the best small business bank in Albemarle and one of the best you’ll find anywhere.

Better Business Banking

First Bank offers top notch business features, such as:

  • Business loans
  • Commercial mortgages
  • Credit cards
  • Free financial wellness programs for your employees
  • Business savings accounts
  • Check fraud prevention and payment processing
  • SBA loans

Success Stories

Happy Kids Development Center, a childcare facility in Wilmington, NC, made the switch to First Bank for their banking needs. Happy Kids raves about First Bank’s top notch customer service, stating, “the word ‘no’ has not been built into their vocabulary.”

Contact or Visit Us Today

First Bank opened its doors for the first time just 20 miles from Albemarle in 1935 and began helping local farmers and small businesses manage their money in a time when every penny mattered. It is this foundation that has allowed First Bank to grow into the best small business bank that it is today.

Contact or visit one of our two Albemarle, NC locations to see how we can help your business thrive. 

Albemarle Eastgate Branch

Albemarle Highway 52 Branch

Loans subject to credit approval.

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First Bank Bennett Branch sign. Best Business Checking Account in South Carolina If you’re planning to open a business in South Carolina, you will need a business checking account. If you already own a business but are looking to switch banks, you’ll want the best business checking account. Business Checking Account Benefits with First Bank So how do you know what the best business checking accounts look like? First Bank has fifteen locations in South Carolina, and has a variety of different business checking account options with some of these available features: Automated online bill paying Online and mobile banking* Monthly statements by paper mail or email Credit cards with rewards program** Account activity alerts Various ways of avoiding monthly maintenance fees*** Interest-bearing capabilities 6 Mistakes to Avoid When Opening a SC Business Checking Account With so many features and benefits, it is easy to see that First Bank offers the best business checking accounts in South Carolina. But before you open an account, it’s important to make sure you avoid the 6 mistakes that small businesses tend to make when opening a checking account, according to Business News Daily: Putting incorrect or missing information at checking account setup: Many small business owners mistakenly bring the wrong paperwork in when they go to open an account. To avoid this, make sure you ask the bank what information you’ll need to provide prior to coming in. Not opening a separate business account from your personal one: When you don’t have a designated business account, it can difficult to track your financial expenses from your personal ones. It can be more beneficial to open a separate business account for revenue, collected sales tax, estimated income tax, and payroll—especially before it’s time to file for taxes. Not planning for authorized check signing: If your small business includes a partner or staff members, it’s important to consider how many signatures can authorize a transaction from your business checking account. This can easily be set up when you open a business checking account. Not maintaining the monthly balance minimum: Always make sure that your business funds are above the minimum balance requirement in order to make the most of your banking experience, like First Bank’s no monthly maintenance fee.*** Not ordering the correct checks: One of the most common mistakes new small businesses make is printing the wrong name on business checks. It’s important to not only double check the spelling, but to also look into ordering electronic checks as well as paper ones. Working with the wrong bank for your business: Opening a small business is a huge step for anyone, and you need a bank that will work as hard as you do for the success of your new career. At First Bank, we are dedicated to helping small business owners in South Carolina achieve their dreams.   *While First Bank does not charge for mobile banking, your mobile carrier’s message and data rates may apply. The First Bank Digital Banking Apps are available for select mobile and tablet devices. There is no charge from First Bank, but message and data rates may apply. Must enroll in First Bank Online Banking and download the First Bank Digital Banking App from the App Store or Google Play. Apple, the Apple logo, and iPhone are trademarks of Apple, Inc., registered in the U.S. and other countries. App Store is a service mark of Apple, Inc. Android and Google Play are trademarks of Google Inc. **Loans subject to credit approval. See our Terms and Conditions for complete details on our One Rewards Program. MasterCard, Debit MasterCard and the MasterCard brand marks are trademarks of MasterCard International Incorporated. ***Account holders may avoid the Monthly Maintenance Fee by meeting any of the requirements listed in the Keep it Fee Free™ section of the account summary table for their account type. Other account service fees may apply as described in the Account Services Fee Schedule, also available at your local branch. ———- Sources: Business News Daily: http://www.businessnewsdaily.com/6281-bank-account-errors-6-mistakes-small-businesses-make.html 5 min read
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