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Business
Checking |
Business Interest
Checking |
Commercial Custom
Checking |
Express Connect
Checking |
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This is the perfect checking account for your business if...
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You are a small business, association or organization with low transaction levels
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You are a sole proprietor or non-profit organization, and you want to earn interest
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You are an established business that has a lot of transactions
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You are a small business that uses remote deposit capture
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Minimum deposit needed to open this account...
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$100
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$100
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$100
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$100
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Your monthly maintenance fee is only...
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$0
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$10
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$10
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$75
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But, we'll waive the monthly maintenance fee if...
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You have less than 500 items processed monthly
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You keep a minimum daily collected balance of $1,000 or a $2,500 average monthly balance
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Earnings credits on balances are sufficient to offset fees
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You keep an average monthly balance of $40,000
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Other advantages this account offers...
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FDIC Insurance
Deposits at FirstAtlantic Bank are insured up to at least $250,000 per depositor, per insured bank, through December 31, 2013. On January 1, 2014, the standard insurance amount is scheduled to return to $100,000 per depositor, per insured bank, for all account categories except Certain Retirement Accounts (including IRAs) which will remain at $250,000 per depositor, per insured bank.
In addition, FirstAtlantic Bank is participating in the FDIC’s Transaction Account Guarantee Program through December 31, 2010. This program provides depositors with unlimited coverage for all personal and business checking deposit accounts that do not earn interest, low-interest NOW accounts (NOW accounts that cannot earn more than .25% interest) and IOTA accounts.