Business Checking and Investment Accounts

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Open a Business Account Today

First State Bank offers a selection of business accounts for any size business with features you need to succeed. All accounts offer digital banking tools¹, exemplary customer support, and a multitude of benefits. Use the chart below to compare accounts and features, then make an appointment with a team member to have an analysis performed to help you determine the best account that works for your business.

	Business Checking	Business NOW Checking	Community Business Checking
Benefits	Exclusive access to Business Online Cash Management tools¹, plus higher balances receive earnings credits to offset service charges.²	Generate earnings on funds while managing operating expenses (not available for corporations or partnerships).²	Simple business checking that's ideal for small to mid-size businesses making up to 150 monthly transactions.³
Open with	$100	$100	$100
Monthly service charge	$10	$10	$0 (The first 150 transactions are $0; above that $0.40 per transaction)³
Monthly statement charge	$0 for e-statements, $2 for paper statements⁵	$0 for e-statements, $2 for paper statements⁵	$0 for e-statements, $2 for paper statements⁵
Ways to reduce services charges	$3 monthly charge with e-statements and your earnings allowance can be used to reduce the cost of eligible service charges	Maintain a min daily balance of $1,000 to avoid the $10 monthly service charge⁴	Maintain less than 150 transactions per month
Digital banking tools⁶
Earns interest⁸
Monthly transaction limits	Unlimited check writing	Unlimited check writing	150 transactions³
Online BillPay
Remote deposit⁹
Optional lockbox service⁹

Community Business Checking

Perfect for small to mid-size businesses.
Benefits include:
	Digital banking tools
	Business debit card
	No monthly account service charge or minimum balance requirements
	Up to 150 transactions per month⁹
	Minimum deposit to open: $100
Open an account today and visit a banking center.

Business Checking³

Higher balances receive earnings credits to offset fees⁶
Benefits include:
	Digital banking tools
	Business debit card
	Unlimited check-writing and debit card purchases
	Minimum deposit to open: $100
Open an account today and visit a banking center.

We also offer investment accounts that take your money to the next level.

Business NOW Checking

Generate earnings on funds while managing operating expenses.
Benefits include:
	Digital banking tools
	Business debit card
	Earn interest⁴ that compounds and is paid monthly
	No monthly minimum balance requirements
	Unlimited transactions by debit card or check
	Minimum deposit to open: $100
Open an account today and visit a banking center.

Business Money Market Account

Make the most of your money & grow your business savings.
Benefits include:
	Digital banking tools
	Business debit card
	Earn interest⁴ that compounds and is paid monthly
	No monthly fees for balances over $1,000
	Minimum deposit to open: $1,000
Open an account today and visit a banking center.

Corporate Money Market Plus

Earn higher interest⁴ as your portfolio grows.
Benefits include:
	Digital banking tools
	Business debit card
	Earn interest⁴ that compounds and is paid monthly
	Unlimited check-writing and debit card purchases
	Unlimited in-bank withdrawals
	Minimum deposit to open: $100
Open an account today and visit a banking center.

Please bring the following documents when opening your business account:

Corporations & LLCs:

Articles of incorporation
Corporate resolution
Fictitious name registration (if applicable)
Federal tax ID number
LLC operating agreement

Sole Proprietors:

Fictitious name registration
Social Security Number or Federal Tax ID Number
Personal identification

Partnerships:

Partnership agreement
Fictitious name registration (if applicable)
Federal tax ID number

Not-For-Profit Organizations:

Articles of incorporation
and by-laws
Fictitious name registration (if applicable)
Federal tax ID number
Organization resolution

¹ Digital banking tools include personal & business online banking, mobile app, e-statement, and bill pay services.

² Service Charges: An earnings credit allowance is calculated monthly based on your average account balance. Incurred charges assessed into $10 monthly fee: Credits $0.35; Debits $0.15; Checks deposited $0.12. If credit allowances exceed your service charges, there are no fees for the month. Ask us for a customized analysis.

³ Not available for corporations or partnerships.

⁴ Interest rate and Annual Percentage Yield (APY) may change at any time, at our discretion. Fees may reduce earnings. Refer to our rate sheet for current interest rates and APY. Interest is calculated using the daily balance method and begins to accrue no later than the business day credit is received for the deposit of non-cash items.

⁵ Enrollment in business online cash management is required. The service fee is calculated monthly based on account activity. Customized analysis examples can be created for you at any time, so feel free to ask us for one today.

⁶ Enrollment in remote deposit is required; additional fees may apply.

⁷ Enrollment in lock box is required. The service fee is $20 per month, $0.13 per item.

⁸Service charges based on the lowest monthly balance.

⁹ Transactions include credits, debits, and checks deposited. The First 150 transactions are free, above that $0.40 per transaction.

Each time an account is opened for a covered legal entity, we are required to ask you for identifying information (name, address, date of birth, social security number, and identification documents) for:

Each individual has beneficial ownership (25% or more) in the legal entity.
One individual has significant managerial responsibility for the legal entity.

We proudly support all efforts to protect and maintain the security of our customers and our country.