This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognizing you when you return to our website and helping our team to understand which sections of the website are the most popular and useful.
Compare Business Savings Accounts
Savings Account | Business Savings | Business Money Market | Business CDs |
---|---|---|---|
Minimum Balance Required | $300 | $2,500 | $1,000 |
Average Balance Required | n/a | $5,000 | n/a |
Monthly Maintenance Fee1
(if unable to meet one of the above criteria) |
$4 | $15 | n/a |
Minimum to Open | $50 | $1,000 | $1,000 |
Number of Free Withdrawals per Month | 2 2 | Unlimited | n/a |
Minimum Balance Tier(s) to Earn Interest | >$0 | >$0 | $1,000 |
Additional Benefits |
24‐hour telephone banking Free digital banking Free mobile banking3 |
24‐hour telephone banking Free digital banking Free mobile banking3 |
A CD typically offers higher rates - the longer the term, the higher the interest.4
Tiered interest rate
|
- Account holders may avoid the Monthly Maintenance Fee by meeting any of the requirements listed in the Keep it Fee FreeTM section of the account summary table for their account type. Other account service fees may apply as described in the Account Services Fee Schedule, which is also available at your local branch.
- Business Savings Account customers can make two (2) free withdrawals per month. There is a $2 fee for each additional withdrawal.
- While First Bank does not charge for mobile banking, your mobile carrier’s message and data rates may apply.
- CDs are subject to penalty for early withdrawals prior to maturity date. Penalty will reduce earnings.