To meet our business customer’s needs, we offer a wide range of banking services, including a variety of deposit accounts. Whether you are a small business or a large commercial business, we have the accounts that put you 1st.
Checking Accounts
1st Business Checking
No minimum balance required
- Ideal for small businesses and organizations with minimal activity
- Detailed statements mailed at month-end
- Free check images included with statement
- $100.00 minimum opening deposit
- 20 deposits per month
- 75 checks/debits per month
- Excessive transactions: $1.00 each
- No monthly maintenance fee
- No minimum balance requirements
- Online banking – No Charge
- Bill Pay – Free first 90 days, thereafter ¢.25 per transaction
- Exclusive VISA Debit Card (Classic)–Upon Approval
1st Analysis Checking
- Designed for commercial businesses requiring specialized services; multiple accounts can be combined in one relationship
- Earnings credit based on collected balance (minus 10% reserve requirement) which helps offset monthly service charges
- Detailed statement mailed at month-end
- Free check images included with statement
- $500.00 minimum opening deposit
- If transaction costs exceed earnings credit:
- Monthly maintenance fee of $8.00
- .14 per debit
- .35 per deposit
- .06 per deposited item
- Online Banking – No Charge
- Bill Pay – Free first 90 days, thereafter ¢.25 per transaction
1st Business Interest Checking
- Available to sole proprietors, non-profit organizations and government agencies
- Interest earned on balances over $1,500.00
- Unlimited check writing
- $1,000.00 minimum opening deposit
- $1,500.00 minimum to earn interest
- Monthly maintenance fee of $12.00 (if minimum balance of $1,000.00 not met)
- Detailed statement mailed at month-end
- Free check images included with statement
- Online Banking – No Charge
- Bill Pay – Free first 90 days, thereafter ¢.25 per transaction
1st Business Tax Account
- Designed for business customers who want to have a separate account for EFTPS debits (Federal Tax Payments)
- No need to order checks; can order deposit slips only
- Detailed statement mailed at month-end
- Eligible to combine with 1st Analysis Checking
- $1.00 minimum balance required
- Monthly maintenance fee $6.00
- $1.00 per debit over 12
1st Business Money Market Account
- Tiered interest rates based on balance ranges beginning at collected balance of $2,500.00. Tiered Structure - $2,500; $10,000; $25,000; $50,000; $100,000+
- Unlimited withdrawals in person. Federal Regulations require a limit of 6 preauthorized withdrawals per month.
- Interest paid monthly on daily collected balance
- $1,000.00 minimum opening deposit
- $2,500.00 minimum to earn interest
- Monthly maintenance fee of $10.00 (if minimum daily balance of $1,000.00 not met)
- Excessive transactions: $10.00 each
- Detailed statement mailed at month-end
- Free check images included with statement
Savings Accounts
1st Select Business Savings
- Interest earned on daily collected balances and compounded quarterly
- Quarterly statement (monthly if Electronic Funds Transfer activity occurs)
- $100.00 minimum opening deposit
- $100.00 minimum to earn interest
- Monthly maintenance fee $3.00 (if minimum daily balance of $100.00 not met)
- Federal Regulations require a limit of 6 pre-authorized withdrawals per month
- 3 in-house withdrawals per month are permitted at no charge.
- Excessive in-house withdrawals (more than 3 per month) $3.00 each.
1st Elite Business Savings
*Relationship account only – Any Business Checking Account required
- $50,000.00 minimum opening balance
- $50,000.00 minimum to earn interest
- No maintenance fee
- Interest earned on daily collected balances of $50,000.00 or more and compounded quarterly
- Tiered interest rates based on balance ranges beginning at $50,000.00
- Tiered structure. $50,000; $100,000; $250,000; $500,000+
- Quarterly statements (monthly if electronic transaction occur)Federal Regulations require a limit of 6 pre-authorized withdrawals per month.
Certificates of Deposit
- Minimum deposit $1,000.00
- Tiered interest rates based on balance range and term. Tiered rate structure - $1,000.00 and $100,000.00 (see Rates for current interest rate and annual percentage yield)
- Term structure – 7-31 days; 32-89 days; 90-179 days; 180-364 days; 1 year; 18 months; 2 years; 3 years; 4 years; and 5 years
- Interest can be paid to you monthly, quarterly, semi-annually, or annually
- Interest can be compounded, deposited to a designated 1st Bank Yuma account, or mailed to you by check
- Automatically renewable
- Early Withdrawal Penalties may be imposed for withdrawals before maturity
SCHEDULE OF SERVICE CHARGES AND FEES - effective 9-1-07
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Product or Service
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Service Charge or Fee
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Account Activity Printout (per page)
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$ 2.50
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Account Reconciliation
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Custom
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Business Bill-Pay
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.25 per transaction (after initial 90 days)
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Business Debit Card Monthly Fee
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$2.00 per card
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Business Debit Card Replacement Fee
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$5.00 per card
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Check Safekeeping Copies
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$2.00 each over 5 per statement
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Checks and Personalized Savings Forms
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prices may vary
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Closed Account (if closed within the first year)
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$35.00
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Coin: (Deposited)
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Mixed Bag
Standard Bag
Non-Standard Bag
Outgoing Rolled Coin
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$ 3.50
$ 2.00
$ 3.50
$0.07
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Collection Item (Incoming and Outgoing)
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$10.00
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Currency and Coin Order
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$ 1.75
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Currency Deposited per $1,000
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$ 0.90
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Currency Withdrawn per $1,000
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$0.55
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Daily Overdraft Fee (Imposed on third business day)
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$3.00 per day
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Dormant Account (per month)
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$ 5.00
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Fax Fee
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$2.00 + .50 per page
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Fine Sort
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Custom
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Foreign Exchange (all foreign checks must be in U.S. Dollars only)
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Custom
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Garnishment/Levy (Plus $25.00 per hour for research)
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$50.00
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Mishandled Account
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$25.00
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Money Order
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$ 2.00
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Non-Sufficient Funds (NSF)
(A non-sufficient funds item may be created by check, in-person withdrawal, ATM withdrawal, or other electronic means.)
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$30.00
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Official Check
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$ 3.50
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VISA Gift Card
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$ 4.00 per card
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Research (per hour)
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$22.00
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Research Item (per page)
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$ 2.00
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Return Deposit Item
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$ 5.00
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Special Statements
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$ 3.00
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Stop Payment
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$20.00
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Telephone Transfer
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$ 2.00
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Wires (Incoming and Outgoing):
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Domestic/International (other fees may be assessed)
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$10.00/$30.00
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