Business Savings & Investment Accounts
With competitive interest rates and flexibility, FB&T can help your company reach its financial goals.
As a community-owned and operated bank, First Bank & Trust can provided the personal attention and responsiveness that your business deserves. Whether you are saving for growth opportunities or investing for the long term, corporate investing requires the right combination of knowledge, products and personal attention. With a range of account options and the latest banking technology – including, online and mobile banking – we offer services tailored to your company’s needs. Let our experienced and friendly bankers guide you through the process.
FB&T has savings accounts suited for your Business or Nonprofit Organization:
- Traditional style savings
- Money market and investment savings
- Certificates of Deposit with excellent rates
- Protect your company’s valuable with a safe deposit box
- Expertly managed Wealth Management Accounts
|Account||Minimum Amount Needed to Open||Monthly Fee||ATM Card||Monthly Benefits||Interest Bearing|
|Business Savings||Any Amount||None if: minimum daily balance is $200 or more. Otherwise $3.||Yes (Statement Accounts)||6 withdrawals / transfers per month without charge, then $1 each.*||Quarterly|
|Money Market||Any Amount||None if: minimum daily balance is $1,000 or more, or an average daily balance of $2,500 or more. Otherwise $12.||Yes||6 withdrawals / transfers per month without charge then $15 per transaction.||Monthly|
|Investment Money Market||$10,000||None if: minimum daily balance is $10,000 or more, or an average daily balance of $15,000 or more. Otherwise $15.||Yes||6 withdrawals / transfers per month without charge then $15 per transaction.||Monthly|
|Certificates of Deposit (CDs)||$1,000 Minimum Term 30 Days||N/A||No||N/A||Monthly|
*The Federal Reserve limits convenient monthly withdrawal transaction to 6 for accounts that are classified as Savings Accounts. There are unlimited withdrawals in-person, in-bank. Please view the Federal Reserve’s rule known as Regulation D for more information.