Business Savings

Business Banking Services

Business Savings

To meet our business customer’s savings 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 Business Savings accounts that put you 1st. See Terms and Conditions Brochure for Additional Limitations

1st Select Business Savings

Earns InterestMin to OpenMin to Earn InterestOnline BankingStatements
$100 $100
  • Interest earned on daily collected balances and compounded quarterly
  • Quarterly statement (monthly if Electronic Funds Transfer activity occurs)
  • Monthly maintenance fee $3.00 (if minimum daily balance of $300.00 not met and no eStatement)
  • 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
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1st Elite Business Savings

Earns InterestMin to OpenMin to Earn InterestOnline BankingStatements
$50,000 $50,000
  • 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
  • See Terms and Conditions Brochure for Additional Limitations
  • Excessive withdrawal fee of $10.00 each
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