Checking

Free Small Business Checking Account

First Federal Bank’s Free Small Business Checking Account is specially designed for lower activity business accounts. As long as the items that pass through your account are less than 200 per statement cycle, your account will be free of any monthly maintenance fees. If your business fits this profile, you may save hundreds of dollars each year.

  • Minimum of only $100 to open the account
  • No monthly maintenance fees as long as you stay under 200 items per statement cycle. Items include:
    • Checks paid
    • Deposit tickets
    • Checks deposited
    • ACH Debits & Credits
    • (Food Stamps do not count as an item)
  • Free coin sorting
  • Free deposit bags
  • 24 hour night depository for your convenience
  • Monthly statements
  • Other fees that may apply are (see fee schedule for cost):
    • Negative Balance Fee
    • Returned Deposit Items
    • Overdraft Charge
    • Insufficient Funds Charge
    • Stop Payment Charge
    • Wire Transfers
    • Check Printing
    • Account Reconciliation

back to top

Standard Business Checking

Operating a business can have many challenges, and we understand how difficult these can be. Our Standard Business Checking Account has been designed with your goals in mind. Standard Business Checking offers low monthly service fees that can be offset by a very competitive earnings credit rate.

Your benefits include:

  • Minimum of only $100 to open the account
  • An earnings credit will be paid each month and will be applied to offset any fees charged for the month
  • Cash Management products to help you optimize your daily cash management include:
    • Investment account sweep capabilities
    • Line of credit sweep capabilities
    • Internet Cash Management
  • Free coin sorting
  • Free deposit bags
  • 24 hour night depository for your convenience
  • Monthly statements

 

back to top

Non-Profit Checking Account

Your Non-Profit Organization can get the flexibility you need in a checking account with no monthly maintenance charge at First Federal Bank. It’s the right account for your organization.

  • Minimum of only $100 to open the account
  • No monthly maintenance fees as long as you stay under 200 items per statement cycle. Items include:
    • Checks Paid
    • Deposit tickets
    • Checks deposited
    • ACH Debits & Credits
  • Free coin sorting
  • Free deposit bags
  • 24 hour night depository for your convenience
  • Monthly statements
  • $50.00 credit toward your first check order through First Federal Bank
  • Other fees that may apply are:
    • Negative Balance Fee
    • Returned Deposit Items
    • Overdraft Charge
    • Insufficient Funds Charge
    • Stop Payment Charge
    • Wire Transfers
    • Check Printing
    • Account Reconciliation

back to top