Business Banking

Commercial (Business) Checking 
First Bank's Commercial (Business) Checking Account has a simple fee structure that small business owners will appreciate. If the account balance remains over $4,000.00 during the statement period, there is no monthly service fee*. For lower balances, there is a $10 fee*. If greater than 200 items are deposited during the statement period, there is a $.10 fee for each item over 200. 

First Asset 
First Asset is a money market savings for non-personal accounts which requires an opening balance of $500 or more. Average balances of $500.00 or more will earn interest. Interest accrues daily and is paid monthly. If the balance falls below $500.00 during the statement period, there is a $6.00 fee. For each debit over 20 during the statement period, there will be a fee of $.10 each. 

Night Depository Services 
You worked hard that your money, and you want to know that the funds are as safe as possible. Night depository service is the solution you need. Large and small businesses benefit from this service. You may want deposits left in the night depository processed before you come into the bank. Instructions on your contract will dictate how your deposits into the bank safe are treated. 

Direct Pay 
A First Bank service which will enable businesses to (1) offer their employee's direct deposit of their payroll, or (2) offer their customers direct billing of their recurring payments. 

As a general rule, companies with 20 or more employees benefit by offering Direct Deposit. Contact us, we would be happy to discuss the benefits of direct deposit for your company or organization. 

Direct Billing offers companies with recurring receivables, better management of their cash flows. If you think your company could benefit from this service, please contact us for further information. 

Certificates of Deposit   
First Bank CDs Offer Guaranteed Yields And Flexible Terms.
Our Certificates of Deposits offer guaranteed yields, flexibility, and the safety of FDIC insurance. That's because you lock in a yield that's guaranteed from the day you open the account until the day it matures. You know exactly what return you'll get and when you'll get it. 

Your investment is safe at First Bank because our CDs are backed by the Federal Deposit Insurance Corporation for up to $100,000 per individual - making them as safe as any investment in the world. 

There's A CD That's Right For You. 
We offer Certificates of Deposit in a broad range of maturities, each designed with a particular goal in mind. And, for as little as $500, you can open your own CD. To help you decide which CD will best meet your needs, take our First Bank One-Minute CD Test. Then check out our CD rates on our website or request a CD Rate Quote from one of our customer service representatives at 601-684-2231 or email us today. 

  • Short-Term CDs. Short term savings certificates, usually up to 6 months, offer you the fastest, readiest access to your money. 

  • Medium-Term CDs. Our 12 to 24 month medium-term CDs offer you higher yields than shorter term CDs. 

  • Long-Term CDs. If you have a long-term outlook, our CDs with maturities of 3 years or more rewards you with the highest yields we have to offer. 

Minimum deposit amounts and interest payment options vary with the term and amount invested. Contact us for further details. 

* Ask for a brochure with details on FDIC coverage. 

Retirement Plans 
Ask a First Bank Customer Service Representative for information on Simplified Employee Pension Plans (SEPP) and SIMPLE Retirement Plans. These retirement plans were designed for the small business owner that wants to offer employees a retirement plan that is simple to maintain and less expensive than other qualified plans. 

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