Business Savings

Just like your personal finances, there is any number of reasons that your business should maintain reserves.  You may self-fund working capital, meet bonding requirements, maintain seasonal reserves, etc.  There is power in having a banker that can help you navigate your options and advise you on topics such as FDIC Insurance, funds availability, transaction limits, etc.  First Bank will do our best to maximize your interest return on reserve funds, but we will also give you the wisdom of our experience to do what is best for your particular business.

Business Money Market

For our business customers who want to maximize their income, may we suggest the Business Money Market account? Your surplus business funds can earn interest income through our high money market rates and provide a great way to build on the financial success of your company.

Even businesses need to save for a rainy day, especially when that rain can come in the form of a hurricane. Having cash on hand in your business can really help when it comes to getting out of a jam. Put that excess cash in a money market account, and have it work as hard for you, as your business works for it.

  • Compounded daily interest on collected balance
  • $100 initial deposit
  • Competitive rates of interest
  • No fees on balances over $2,500
  • 6 free withdrawals per month*

Business Savings

Whether you are just starting out or saving for something specific, make the most of your money with our Business Savings account. Grow your money and retain full liquidity; the funds are available when you need them. A low minimum daily balance requirement of $500 gives you greater flexibility for your business.

  • Compounded daily interest on collected balance
  • $100 initial deposit
  • Earn interest on all balances
  • No monthly fee on balances above $500
  • 6 free withdrawals per month*

*There will be a charge of $10 for each debit over six.

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