BUSINESS
Checking
At First FarmBank, our business customers know we mean business.
At First FarmBank, our customers are passionate about what they do, whether it's providing dairy products to Northern Colorado, building the perfect new home or starting a whole new business venture. That's why we're here to help them every step of the way, providing the full service business banking services they need to succeed. With our passion for providing superior customer service, we can help keep your business running strong. Come see for yourself.
| Business Checking Accounts | Small Business Checking | Business Now | Business Checking Analysis |
|---|---|---|---|
| Minimum Opening Deposit | $100 | $100 | $100 |
| Minimum Balance Required | $500 | $2,500 | All potential service charges can be offset by collected balance earnings credit* |
| Monthly Service Charge | No, as long as the minimum daily balance requirement is maintained* |
No, as long as the minimum daily balance requirement is maintained* |
$10 |
| Earns Interest | No | Yes | No |
| Free Visa Debit Card | Yes | Yes | Yes |
| Online Banking | Yes | Yes | Yes |
| Online Bill Pay* | Yes | Yes | Yes |
| Electronic Statements (available with online banking) | Yes | Yes | Yes |
*Contact a customer service representative at 970-346-7900 for complete fee details.
Green Savings & Green Money Market Accounts
Business Green Savings
If you're looking for a savings account with a competitive interest rate, First FarmBank's Green Savings account is perfect for you. Plus, you get the option of increasing your interest rate through with our Green Accounts Relationship Benefits.
Business Green Money Market
Need an account with a competitive interest rate, but greater liquidity than a certificate of deposit? This account offers convenient access with the ability to write checks and make up to six withdrawals* every month. It's just another way that First FarmBank provides the business services that businesses want.
*Each debit out of the account counts as a withdrawal.
| Business Savings & Money Market Accounts | Green Savings | Green Money Market |
|---|---|---|
| Minimum Opening Deposit | $100 | $100 |
| Minimum Balance Required | No | No |
| Monthly Service Charge | No | No |
| Earns Interest | Yes | Yes |
| Pays Interest | Quarterly | Monthly |
| Withdrawals Allowed | 6 per month | 6 per month |
| Check Writing Allowed | No | Yes |
| Relationship Benefits | Earn an additional: .05% with a monthly ACH credit to the account* .10% by having an interest-bearing account, CD, or loan with First FarmBank* .20% by having a non-interest bearing checking account with First FarmBank* |
Earn an additional: .05% by having a monthly ACH credit to the account* .10% by having an interest-bearing account, CD, or loan with First FarmBank* .20% by having a non-interest bearing checking account with First FarmBank* |
| Interest Rate Adjustments | Earn a higher interest rate on balances of $1,000 or higher | Earn a higher interest rate on balances of $1,000 or higher |
| Online Banking Available | Yes | Yes |
* Relationship benefits are subject to removal if the ACH credit is removed or the account(s) or loan(s) are closed. Contact a customer service representative for current interest rate information.