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Business Checking: Open Your Account Today

 

More Bank For Your Business

If you need a checking account for your business, First Federal Bank has got your back. Whether you’re an established business or a sole proprietor just starting out, our local team of experts is here to guide you in the right direction.

Business Checking Account

Service Charge

(Assessed Monthly)

Balance to Avoid ChargeInterest Rate InformationAdditional Benefits and Other Information
Business Checking 

None

N/A

N/A

Available to small businesses, DBA’s, sole proprietors, estate accounts and partnerships

  • Minimum opening deposit of $100
  • $.50 per transaction over 100
  • Check and deposit images with monthly statement
  • Free Business Debit Card and Online Banking
  • Overdraft Privilege 
Advantage Business Checking

$8*

N/A

N/A

Available to businesses and other non-personal accounts

  • Minimum opening deposit of $100
  • $.20 per check charge*
  • $.15 per deposit*
  • $.055 per deposit item*
  • $1 per deposit adjustment
  • Earnings credit applied against account fees
  • Analysis statement available upon request
  • Check and deposit images with monthly statement
  • Free Business Debit Card and Online Banking
  • Overdraft Privilege
Business Interest Checking

None

N/A

Earns interest on balances over $1,000

Available to small businesses, DBA’s, sole proprietors and partnerships

  • Minimum opening deposit of $100
  • $.50 per transaction over 100
  • Check and deposit images with monthly statement
  • Free Business Debit Card and Online Banking
  • Overdraft Privilege
Advantage Business Interest Checking

$8*

N/A

Earns interest on Excess Net Investable Balance

Available to businesses and other non-personal accounts

  • Minimum opening deposit of $100
  • $.20 per check charge*
  • $.15 per deposit*
  • $.055 per deposit item*
  • $1 per deposit adjustment
  • Earnings credit applied against account fees
  • Analysis statement available upon request
  • Check and deposit images with monthly statement
  • Free Business Debit Card and Online Banking
  • Overdraft Privilege
Advantage Business Money Management

$7

$2,500 average balance

Varies, based on the applicable interest rate and APY**. Tiered rateson ledger balance of:

  • $0 to $2,499;
  • $2,500 to $49,999;
  • $50,000 to $99,999;
  • $100,000 to $249,999;
  • $250,000 or greater

Available to business and other non-personal accounts

  • $2,500 minimum opening deposit
  • Must maintain a First Federal Bank checking account
  • No checks issued
  • Limited to 6 pre-authorized automatic or electronic transfer debits per statement cycle, including sweeps; $7 charge thereafter
  • Sweep feature available
Zero Balance Checking

$25*

N/A

N/A

Available to all account holders; used as a cash control system to move funds between accounts, such as payroll

  • $.20 per check charge*
Community Organization Checking

$5

$50

N/A

Available to not-for-profit organizations, civic and church groups 

  • Minimum deposit of $50
  • No per check charge

 *Analysis Charge 

 **Annual Percentage Yield

 To learn more about our business checking accounts, stop by your nearest First Federal Bank branch or contact us today. 

 

Locations

Education Center

Financial Calculators

Reorder Checks

Report Lost or Stolen Card

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