Deposit Accounts

Free Business Checking
Business Interest Checking
Commercial Checking
Commercial Money-Market Savings
Non-Profit Organization Account

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It's designed especially for small business with a low to moderate volume of monthly checking transactions, and it has a service charge that's easy to understand.

• Minimum Opening Deposit $100.00
• No Monthly Maintenance (If the account is less than $100.00 and inactive for six months, there will be a $5.00 per month dormant fee).
• No Minimum Balance
• First 200 Items (checks, deposits, deposited items) are free
each month, thereafter 35 cents per item
• All other services charged at existing standard fees

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• Interest earning for Individual proprietorships and nonprofit
corporations.
• Interest rate is established at the discretion of the bank.
• The rate is applied on the investable balance.
• When the monthly statement is prepared, interest will be posted to the account and an activity fee will be charged.
(See Activity Fees Schedule)
• For the Activity Fees, accounts can be consolidated and charged against one account..

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• Each account is analyzed monthly and the activity fees are subtracted from the earnings allowance on the investable
balance in the account. (See Activity Fees Schedule)
• Earnings allowance is determined by the average of the 91-day Treasury Bill auction discount rate for the month
and applying it to the average investable balance.
• Analysis statement is mailed each month to each customer receiving a service charge.
• Multiple accounts of the same business may be consolidated for analysis purposes.
• Accounts subject to service charges will be debited about the 10th of the month for charges due from the previous
month’s activity.

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• Minimum Opening Deposit $1,000.00
• Must also have a Commercial Checking Account
• A total of six transfers or withdrawals is allowed each month. Three of these six transfers can be made by check,
draft or similar order made to third parties. Each transfer thereafter, must be made in person or by messenger.
• Activity in this account will be consolidated with the activity in the checking account for analysis service charge. Under Federal law, First National Bank has reserved the right to require at least seven days’ written notice prior to withdrawal or transfer of any funds in this account.

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The minimum deposit to open this account is $100.00. Unincorporated non-profit organizations such as clubs, charitable organizations, and religious groups may open  this type of account. There is no monthly service charge or minimum balance charge on active accounts. If your account has a balance of less than $100.00 and has had no activity for one year, there is a $5.00 per month charge unless activity is resumed. There is a charge for personalized checks which varies according to the style selected.

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