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 off useful suggestions to help reduce your company's costs and risks.
| Business Savings* | Money Market Account** | |
| Account Features |
Earn interest with a competitive rate that adjusts to market conditions. |
Interest is paid monthly Competitive rates and easy access to your money with the option to write checks. Transaction limitations apply. |
| Minimum Deposit to Open | $100 |
$1,000 |
| Monthly Maintenance Fee | N/A |
Avoid the $7 monthly maintenance fee with a $1,000 daily balance. |
*Federal regulations limit the transactions allowed on this account. While there is no limit on the number of transactions made in person, other withdrawals and/or transfers are limited to six per month. Violations of these restrictions will result in closure of this account.
Additionally, there is an excessive withdrawal fee of $2 per transaction for all withdrawals or transfers in excess of six per quarter, regardless of if the transfer is made in person or by some other manner.
**Federal regulations limit the transactions allowed on this account. While there is no limit on the number of transactions made in person, other withdrawals and/or transfers are limited to six per month. Violations of these restrictions will result in closure of this account.
Additionally, there is an excessive withdrawal fee of $2 per transaction for all withdrawals or transfers in excess of six per statement cycle (month), regardless of if the transfer is made in person or by some other manner.
| Business CD | Add-On CD | IRAs | |
| Account Features |
Interest can be paid monthly, quarterly, semi-annually, annually or at maturity by check, or transferred to any other account you choose. CDs can be setup for automatic renewal for your convenience. |
You have the option to make a one-time withdrawal with no penalty. Interest is paid at maturity. Earn more on your extra cash by making deposits as you like. |
We offer SEP IRAs and Simple IRAs. |
| Minimum Deposit to Open | $500 |
$100 |
$500 |
| Terms | 6, 9, 12, 18, 24, 30, 36, 48 and 60 months |
12 months |
6, 12, 18, 24, 30, 36, 48 and 60 months |
| Penalties | Penalty may be applied for early withdrawal. |
Penalties for subsequent withdrawals may apply. |
Penalty may be applied for early withdrawal. |
If you have any questions or would like to get started opening an account today, please call or visit one of our local financial centers today. | |||