
Business Basics Checking
The Business Checking account is a basic account that's designed for small businesses, associations, and organizations with low transaction levels and/or low balances. It's a simple and effective way to bank with confidence and security.
- $100 minimum deposit to open
- No per deposit fee
- No charge for electronic debits and credits
- Per item charge for checks in excess of 150 per month
- No monthly maintenance fee
Express Connect Checking
Express Connect Checking is designed for customers who utilize FirstAtlantic Bank’s Remote Deposit Capture service. Simplify your deposits as well as your business!
- No per deposit fee
- No charge for electronic debits and credits
- Per item charge for checks in excess of 250 per month
- Average monthly balances of $50,000 can offset Remote Deposit Capture scanner monthly fee or ACH Module
Commercial Custom Checking
Commercial Custom Checking Accounts are for businesses with high transaction volumes, and/or businesses that may need to uti lize FirstAtlantic Bank’s Cash Management services. The monthly statement is analyzed each month to offset maintenance fees with earnings credit.
- Unlimited check writing
- No per deposit fee
- No charge for electronic debits and credits
- Per item charge for checks
- Earnings credit is calculated based on your collected balances, less the Federal Reserve required margin, to offset the fees incurred
- Low monthly maintenance fee of $10
Business Interest Checking
The Business Interest Checking Account is ideal for sole proprietorships and non-profit groups who keep larger balances with lower volume activity and would like to earn interest on their checking account.
- Low monthly maintenance fee is offset by maintaining a $1,000 minimum daily collected balance or $2,500 monthly average balance
- No per deposit fee
- No charge for electronic debits and credits
- Per item charge for checks in excess of 150 per month
- This account earns interest based on balance tiers (rates increase as balance increases)
FDIC INSURANCE
As of July 21, 2010, the standard maximum deposit insurance provided by the FDIC has been permanently increased to $250,000 per depositor, per insured depository institution for each account ownership category. For more information on FDIC insurance, visit www.FDIC.gov.