Business Analysis Checking  
Small Business Checking
Business Now Checking
Business Super Now Checking
   
   
   
   

Business ANALYSIS Checking
Business checking account fees are determined by the balance and activity of each individual account. If you maintain balances that offset your accounts activity cost you account may never incur a service charge.

An earnings rate is calculated monthly based on the 90 day Treasury Bill Rate for the most recent 30-day period. This rate is applied to your account's "Balance Available for Investment" which is the average positive collected funds less 10% of that balance. The result is your earnings credit. If an average negative collected balance occurs the rate of prime plus 2% will be charged along with the following activity charges:

  • Minimum Opening Balance $500
  • Each check paid............................…………….........…..13 cents
  • Each ACH Debit……………....................................……. 5 cents
  • Each Deposit Posted...……………………...……........…...25 cents
  • Each ACH Credit.………………………...…….............…... 5 cents
  • Each On US Deposited Item.…………...……..................…... 2 cents
  • Each Foreign Deposited Item.…………...…….................. 5 cents
  • No service charge is made to the account during the month unless the earnings credit is insufficient to cover the cost.

Small Business Checking
Available to Sole Proprietorships, Partnerships and Corporations

  • Minimum opening balance $500.00
  • If daily balance falls below $500.00, there will be a $10.00 service charge for the month.
  • A per item fee of 20 cents each will be charged when item counts listed below are exceeded:
    • 50 - Checks Per Month
    • 25 - Deposits Per Month
    • 50 - Deposited Items Per Month
    If item counts are consistently exceeded, the account will be changed to a Business Analysis Account.

Business Now

  • Available for all sole proprietorships, non-profit organizations and public funds
  • Minimum opening balance is $1500.00
  • If the daily balance falls below $1500.00 there will be an $8.00 service charge for the month.
  • Simple interest is computed on the collected balance and credited to your account monthly.
  • If your collected balance falls below $1500.00, no interest is earned for the day.
  • The interest rate is established by First National and is subject to change depending on market conditions.

Business Super Now

  • Available for all personal accounts, sole proprietorships, non-profit organizations and public funds
  • Minimum opening balance is $2500.00
  • Interest is computed on the collected balance and credited to your account monthly.
  • If the daily balance falls below $2500.00, no interest is earned for the day.
  • The interest rate is established by First National and is subject to change depending on market conditions.
  • If your balance drops below $2500.00 during the month there is an $8.00 service charge.
  • There is a .15 per check or debit item charge.