FDIC-Insured - Backed by the full faith and credit of the U.S. Government
FDIC-Insured - Backed by the full faith and credit of the U.S. Government
First State Bank understands the needs of both small and large businesses. We offer specific Commercial Checking accounts tailored to fit your needs. The right account will give you better control over your business finances. First State Bank's commercial checking accounts offer convenient and cost-effective features to help your business grow faster.
* We reserve the right to substitute a gift of similar value. Free gift may be reported on a 1099-INT or 1099-Misc. Free gift provided at account opening.
| Account Type | Business Checking | Business Interest Checking | Simply Free Business Checking |
|---|---|---|---|
| Activity Fees | Yes, but earnings credit allowance on deposit balances may offset activity fees | No | No |
| Unlimited Currency Deposited | Yes | Yes | Yes |
| Free Monthly Transaction Items | No, transaction items are $.15 each* | Yes, first 1,000 transaction items* | Yes, first 1,000 transaction items* |
| Interest Bearing | No | Yes, on daily balance of $1,500 or more | No |
| Minimum Balance | Yes | Yes, only $1,500 minimum balance to avoid a low monthly fee of $6 | No |
| Monthly Service Charge | Yes, only a $15 monthly service charge | No | No |
| Minimum to Open | $50 | $50 | $50 |
*Transaction items include all debits and credits. If the Simply Free Business or Business Interest account exceeds 1,000 free monthly transactions, the account may be converted to another checking product.
**We reserve the right to substitute a gift of similar value. Free gift may be reported on a 1099-INT or 1099-MISC. Free gift provided at the time of account opening.
Bank rules and regulations apply. Minimum opening deposit is only $50.
Overdraft Privilege (ODP) is a courtesy service provided to qualifying commercial customers. With Overdraft Privilege, First State Bank will pay your insufficient funds (NSF) checks, ACH, and Debit Card transactions up to a pre-approved limit as long as your account remains in good standing.
If you choose to use Overdraft Privilege, there is no monthly fee. However, you will be charged the normal per-item NSF/Overdraft handling fee as set forth in your account's Terms and Conditions--the same as if we returned your check or transaction unpaid. Your Available Balance will always be shown without the funds available with Overdraft Privilege.
You will be notified by mail or electronically of any NSF/Overdraft item(s) we have paid or returned; however, we have no obligation to notify you before we pay or return any item(s). This service will save you time and the additional fees charged by many companies when a check is returned for insufficient funds.
ODP is available at the bank's discretion up to $750.00 on all commercial transaction accounts.
Please refer to the Fee Schedule for normal charges.
Enjoy fast, convenient, and secure purchasing with the First State Bank Debit Card. Use it anywhere VISA® is accepted to pay directly from your checking account—no checks, pens, or ID required. It also functions as an ATM card for easy withdrawals and transfers.
Your debit card offers the freedom to shop locally or while traveling without the hassle of paper checks or check printing fees. Plus, there's no monthly fee.
Lost or stolen card? Contact us immediately. After hours, call 1-800-791-2525. You're protected with limited liability—ask us for details.
With Instant Issue, you can receive a new card and PIN on request. Change your PIN anytime at a convenient branch to help safeguard your account. For more information, visit or call us today.
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