| Account Name |
Monthly
Maintenance
Fee |
Minimum
Balance |
Interest Bearing |
Activity
Charges |
Additional
Features |
Busines
Free and Easy Checking |
None |
None |
No |
50 items free $.25 per item>50 |
Learn More |
Small Business
Checking |
$5.00, waived with minimum
balance |
$2,500.00 minimum or $5,000.00
average collected balance |
No
|
150 items free $.25 per item>150 |
Learn More |
Small Business Interest
Checking |
$5.00 |
None |
Yes
(See
Rates) |
150 items free $.25 per item>150 |
Learn more |
|
Business Checking |
$10.00 |
None |
No |
Per item charges apply |
Learn More |
|
All First Federal business checking accounts include:
|
|
Business Free and Easy
Checking
Account designed for businesses with low monthly account
activity. Ideal for businesses with 50 or less combined debit
and deposited items per month. Any business type qualifies.
|
- $100.00 minimum opening deposit.
- No monthly service fee and no minimum balance
required.
- Account includes 50 free items per month (combined
debit and deposited items).
- $.25 per item over 50.
- Non-interest bearing account.
- FREE Business Instant Cash and Check Card (subject
to qualification).
- FREE ATM transactions at First Federal and many
Instant Cash locations.
- FREE Online Banking for online account viewing and
transfers.
|
|
Small Business Checking
Account designed for businesses with moderate monthly
transaction volume. Ideal for businesses with 150 or less
combined debit and deposited items per month. Any business type
qualifies.
|
- $100.00 minimum opening deposit.
- $5.00 monthly service fee. Fee waived with
$2,500.00 minimum daily collected balance or $5,000.00
average daily collected balance.
- Account includes 150 free items per month
(combined debit and deposited items).
- $.25 per item over 150.
- Non-interest bearing account.
- FREE Business Instant Cash and Check Card (subject
to qualification).
- FREE ATM transactions at First Federal and many
Instant Cash locations.
- FREE Online Banking for online account viewing and
transfers.
|
|
Small Business Interest Checking
Account designed for businesses with moderate monthly
transaction volume. Ideal for businesses with 150 or less
combined debit and deposited items per month.
|
- $100.00 minimum opening deposit.
- Account available for sole proprietors and
non-profit customers only.
- $5.00 monthly service fee.
- Account includes 150 free items per month
(combined debit and deposited items).
- $.25 per item over 150.
- Interest bearing account. See Rates.
- FREE Business Instant Cash and Check Card (subject
to qualification).
- FREE ATM transactions at First Federal and many
Instant Cash locations.
- FREE Online Banking for online account viewing and
transfers.
|
|
Business Checking
Account designed for businesses with high monthly
transaction volume. Ideal for businesses with more than 150
combined debit and deposited items per month. Any business type
qualifies
|
- $100.00 minimum opening deposit.
- $10.00 monthly service fee.
- Per check/debit at $.15; deposited items at
$.08(local) and $.10 (non-local).
- Fee for currency/coin deposited - $1.00 per
$1,000.00.
- Earnings credit applies. Monthly earnings credit
offsets monthly service charges.
- FREE Business Instant Cash and Check Card
(subject
to qualification).
- FREE ATM transactions at First Federal and many
Instant Cash locations.
- FREE Online Banking for online account viewing and
transfers.
|
