As community bankers, the business specialists at First Choice go out
of their way to support the needs and success of community businesses. Since
they have experience in the local area and markets, they offer useful suggestions
to help reduce your company's costs and risks.
Click here to view the Business
Savings Comparison Chart to view the account features and find the account
that's right for you.
Business Savings
- Earn interest with a competitive rate that adjusts to market conditions.
- $100 minimum opening deposit.
- We offer savings accounts to businesses, individuals, and children.
Business Money Market
- Interest is paid monthly. Maximize your profits!
- With a $1000 minimum daily balance you'll avoid the $7 monthly maintenance
fee.
- Balances over $10,000 earn a premium interest rate. Balances over
$50,000 earn a super-premium rate.
- $1,000 minimum opening deposit.
Certificates of Deposit
- Lock in a great investment rate that's for the term of your CD.
- The following terms are available: 6, 9, 24, 30, 36, 48, and 60 months.
$500 minimum deposit.
- It's your choice: interest can be paid monthly, quarterly, semi-annually,
annually or at maturity by check, or transferred to any other account
you choose.
- Certificates can be set up for automatic renewal for your convenience.
- Penalty may be applied for early withdrawal.
Add-On CD
- Looking for a great rate and flexibility? You have the option of
a one-time withdrawal with no penalty.
- 12-month term.
- $100 minimum deposit.
- Interest is paid at maturity.
- Earn more on your extra cash by making deposits as you like.
IRAs - SEP and Simple
- Small business owners and sole proprietor can use a Simplified Employee
Pension IRA as their sole, or as an additional, tax- advantaged retirement
account.
- An easy way for small employers to match their employees' payroll-deduction
retirement contributions.
- See a First Choice banker for details about various IRA options.
- Consult your tax advisor for any tax related questions.