Meeting Day-to-Day Deposit Needs
Meeting Day-to-Day Deposit Needs
Account Features | First Commercial | Main Street Checking | Community Club | Business NOW |
---|---|---|---|---|
Monthly Maintenance Fee | $10.00 | $7.50 | ||
Per Item Charge/Debits | $0.12 | * | $0.00 | $0.10 |
Per On Us Item/Credit | $0.08 | * | $0.00 | $0.00 |
Deposit Tickets | $0.05 | * | $0.00 | $0.10 |
Uncollected Balance Change | Prime+3% | |||
Eligible for Earning Credit | Yes | 0.10% |
Designed for non-profit organizations and sole proprietorships.
Designed for businesses with larger transaction volumes. Monthly maintenance fee and other monthly activity fees may be offset by the earnings credit based on the monthly average earnings balance and the current earnings credit rate.
Designed for you and your growing business. NO minimum balance requirements and NO monthly service fees. FREE Internet Banking and FREE check images.
* First 100 checks/debits are FREE, each item thereafter will have a $0.25 per item charge.
* First 100 deposit items are FREE, each item thereafter will have a $0.25 per item charge.
Designed for local, non-profit community organizations. NO minimum balance requirements, NO monthly service fees and NO per item charges. FREE Internet Banking.
Municipal businesses, religious organizations, and government entities are not eligible for this account.
First Bank Elk River provides its business customers with three specific liquid savings options. Contact us with any questions you may have or start an online application today.
Account Features | Traditional Saving | Money Market Savings | Managed Savings |
---|---|---|---|
Minimum Balance | $200.00 | $2,500.00 | $25,000.00 |
Interest Paid | Monthly | Monthly | Monthly |
Below Minimum Fee | $4.00 | $10.00 | $15.00 |
Investment quality rates for high balances. There is a minimum balance requirement of $25,000.00, and if your balance falls below the minimum, you’ll pay a fee of $15.00 for the month.
A great traditional savings account. The account has a low minimum balance of $200.00. If your balance falls below the minimum, you’ll pay a $4.00 fee for the month.
Competitive interest rates that increase as your account balance increases. There is a minimum balance requirement of $2500.00, and if your balance dips below the required levels, you’ll pay a $10.00 fee for the month.
Start using First Bank Elk River Sweep Account to increase earning potential and decrease expenses today.
Get your idle funds working for you every day.
Minimize or eliminate overdrafts.
Minimize time spent monitoring your accounts.
Disburse funds more quickly with centralized account management.