Business and Professional Banking Relationships
First Bank & Trust serves the business and professional communities through a specialized business account which provides the first 250 transactions each month FREE—absolutely no charge and no minimum balance requirement. After that, a nominal charge (outlined below) will apply.
Each business banking relationship is maintained by an individual First Bank & Trust banking professional. We get to know your business and have the ability to respond quickly to your changing needs.
Business Account
Local businesses and Professional practitioners are key to our community and enrich the quality of life for all of us. To acknowledge their contributions we offer an account that meets the special needs of our communities many businesses, generally without a service charge and with a strong commitment to personalized service.
Note: these charges only apply only to transactions exceeding 250 per month.
WHAT'S IN IT FOR YOUR COMPANY?
You will receive a package of services, including:
- Attractive Rates. See the service fee schedule in the following table.
- Operating Line of Credit. Assuming you qualify, we will put together a line of credit for you to help with your cash flow or your equipment needs.
- FREE Personal Checking. We will provide free personal checking for you and your employees. NO minimum balance requirements and NO monthly service charge.
Business Account Service Charges
| Amount to Open | Any amount |
|---|---|
| Deposits | $.25 per deposit |
| Checks Deposited | $.25 per check |
| Check Writing | $.25 per check |
| Currency Ordered | No Charge |
| Currency Deposited | No Charge |
| Coin | 2% |
| Non-exempt fees | |
|---|---|
| Returns and Overdrafts | $25.00 per item |
| Extended Overdraft Fee | $5.00 for each business day, beginning with the sixth consecutive day the account balance is below zero. |
| Stop Payment | $25.00 per order |
| Domestic Funds Transfer via Wire | $20.00 |
| International Funds Transfer via Wire | $35.00 |
| Telephone Transfers | No Charge |
| Telephone Balance/Account Inquiries | No Charge |
| Reserve Requirement | 10 percent |
| FDIC | No greater than FDIC premium charged to bank |
First Bank & Trust commercial bankers are available to meet with you at your office to review cash management and lending opportunities.
Stop by First Bank & Trust today to see a commercial or personal banker. The sooner you open an account, the sooner you can begin enjoying these special benefits.