Business Savings Accounts
Bank First has a full array of business savings accounts and convenience products available to fit your needs. With so many options, you’re sure to find what you’re looking for!
Business Money Market
Make your money work for you!
- Earn higher interest rates on larger balances.
- The interest rate is tiered and may vary at the following levels:
- $2,499.99 & Under | $2,500.00-$9,999.99 | $10,000,00-$24,999.99 | $25,000.00 & Over
- No maintenance charge if the average daily collected balance is at least $1,000.00. If the average daily collected balance falls below $1,000.00, there is a $6.00 maintenance fee per month.
- Depositor insured by the F.D.I.C.
- Available to partnerships, corporations and limited liability companies.
Fees could reduce earnings on the account. The interest rate and annual percentage yield for all tiers may change at our discretion at any time.
Business Money Market Elite
Our highest yielding account!
- Free first order of checks.
- Variable interest compounded and credited every statement cycle.
- Interest rates paid based on account balances within interest rate tiers
- Earn higher interest rates on larger balances. The interest rate is tiered and may vary at the following levels:
- $9,999.99 & Under | $10,000.00-$49,999.99 | $50,000.00-$99,999.99 | $100,000.00 & Over
- Ten (10) debit transactions (withdrawal or transfer) allowed per statement cycle. Customers who exceed the limit of ten (10) in a statement cycle will receive a transaction fee of $5.00 per transfer or withdrawal transaction in excess of ten (10), in addition to any other applicable transaction fees.
- Free check safekeeping.
- Bank by phone 24 hours a day using toll-free Telebanc.
- Online account access with Internet Banking.
- Average daily collected balance below $10,000.00 incurs $10.00 maintenance fee per month.
- Business Money Market Elite checking accounts are available to partnerships, corporations and limited liability companies.
Fees could reduce earnings on the account. The interest rate and annual percentage yield for all tiers may change at our discretion at any time. An operational Bank First checking account is required.
First Savings Business
- Earn higher interest rates on larger balances. The interest rate is tiered and may vary at the following levels:
- $2,499.99 & Under | $2,500.00-$9,999.99 | $10,000,00-$24,999.99 | $25,000.00 & Over
- No minimum balance requirement.
- $0.00 minimum to open an account.
- Available for use with your Bank First debit card.
- Up to 75 debit transactions and up to 75 credit transactions are permitted per quarter. Transactions in excess of 75 will be assessed a fee of $0.25 per transaction.
- Depositor insured by F.D.I.C.
- Available to partnerships, corporations and limited liability companies.
Fees could reduce earnings on the account. The interest rate and annual percentage yield for all tiers may change at our discretion at any time. If debit cards are used with this account, statements are generated monthly.