Business Banking
Finally, a bank that's designed around your business needs.
Why should you bank with an institution that's more interested in its own convenience than yours? Especially when there's First National Bank-designed from the ground up for businesses like yours.
When we say we're Here for You, we mean it. And we prove it everyday.
Call or come by. Or, let us come to you. See what we mean?
Learn more about the following services:
- Checking (Business Accounts | Non-Profit Account)
- Corporate Sweep Account
- Money Market Account
- Merchant Capture Remote Check Deposits (Flash Demo)
Checking
Business Checking
- Earnings credit calculated on balances in the account and activity charges assessed
- No maintenance fee if earnings credit exceeds activity charges
- Earnings credit based on average 90-day Treasury Bill, calculated on average collected balance less 10% reserve
- Minimum opening deposit: $500
- Activity Charges:
$10 monthly maintenance fee
Checks paid and deposits posted: $0.14 per item
Deposited items: $0.07 if drawn on First National;
$0.08 if drawn on other bank
Returned deposit items: $5
Incoming wire transfers: $15
Outgoing wire transfers:$18/domestic, $40/international
Stop payments: $30
Vault/night deposit; $5/month, $2/zipper bag, 100 disposable bags $30/S, $44/M, $60/L
Multiple signature account: $10
Special cutoff statement: $5 Average negative collected balance is charged at prime +2% - Free Internet Banking
- Free Bill Payment
Streamlined Business Checking
- Monthly maintenance fee of $10 is waived with $2,000 minimum balance, $5,000 average collected balance or $10,000 minimum in Business Money Market Account.
- Included account activity covers 200 items per month
- Additional checks paid, deposits posted and items deposited: $0.25/item
- Average negative collected balance is charged at prime + 2%
- Minimum opening deposit: $500
- Free Internet Banking
- Free Bill Payment
Sole Proprietor Checking
- Monthly maintenance fee of $10 is waived with $2,500 minimum balance
- Interest paid monthly on average collected balance less 10% reserve
- Interest earned rises with balance tiers: <$5,000; $5,000-24,999 and $25,000+
- Checks paid and deposits posted:$0.14
- Deposited items: $0.08
- Minimum opening deposit: $500
- Free Internet Banking
- Free Bill Payment
Non-Profit Account
- Available to qualified non-profit organizations and government agencies
- Monthly maintenance fee of $10 waived with $2,500 minimum daily balance
- Competitive interest rates paid monthly on daily collected balances less 10% reserve
- Interest earned rises with balance tiers:
<$5,000; $5,000 - $24,999 and $25,000+ - Minimum opening deposit: $500
- Free Internet Banking
Corporate Sweep Account
- Earn interest on excess balances, while maintaining access to funds needed
- Funds above an agreed-upon target are swept into interest-bearing investments
- Two Sweep Accounts to choose from:
- Internal Sweep: excess funds swept into your Money Market Account
- Upon sixth transfer, money market balance swept into operating account until next month
- Low monthly maintenance fee of $50 can be offset by interest earned
- External Sweep: excess funds swept into overnight repurchase agreements
- Eliminates the need to transfer funds each day
- Daily report by fax; Earned interest credited monthly
- Monthly maintenance fee of $125 can be offset by interest earned
Money Market Account
- Competitive money market rates
- Interest earned rises with balance tiers:
<$5,000; $5,000-$24,999; $25,000-$99,999;$100,000+ - Monthly maintenance fee of $10 is waived with $2,500 minimum daily balance
- Unlimited in-person withdrawals
- Six additional monthly withdrawals are included at no charge
- Above withdrawals include transfers (automatic, telephone, online), pre-authorized debits or checks
- Additional withdrawals and checks: $10/item
- Minimum opening deposit: $1,000
- Free Internet Banking
Condo/Homeowners Association Account
- Checking with highly competitive interest rate paid on daily collected balance
- Interest compounded and paid monthly
- Unlimited check writing
- Free Internet Banking
- Free Internet Bill Payment
- No monthly maintenance fee
- Free checks
- Minimum opening deposit $500; however, no minimum balance required
