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FIRST OPTIONS SAVINGS

Designed for businesses that want to earn interest in a long-term account with full liquidity and easy access.

Features:

  • The monthly service charge is waived if you keep a monthly daily balance of $20,000.
  • Make up to 6 withdrawals and/or transfers against this account per statement cycle*
  • This is a tiered interest rate account.  Higher balances pay higher interest.
  • Interest is compounded quarterly.
  • Interest is earned on collected balances.
  • The interest rate is variable.
  • Statements are mailed quarterly.

Compare Commercial Savings Accounts

* Federal regulations limit you to 6 withdrawals and/or transfers per statement cycle by check, pre-authorized or automatic transfer, draft, point-of-sale debit card, telephone and/or electronic banking.

To find out more about our Commercial Savings options, contact the First Bank location or Cash Management Officer nearest you.

 

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