Business Checking
Business Checking
We know how important efficient, responsive and reliable financial services are to the vitality of any company, which is why our business checking account is designed to provide your business or organization with the highest caliber of banking products possible. Supporting the success of our customers is a personal commitment; we’re constantly striving to ensure your company thrives.
The business checking account service charge is based on transaction account and type of business ownership. Ask us how to get your monthly service charge waived!
Effective 9/01/2018
Account Name
Minimum Deposit To Open
Minimum Balance^
Interest Rate
Annual Percentage Yield
Business Checking
$250
Non-Interest Bearing
Non-Interest Bearing
Non-Interest Bearing
Business Checking (If qualified for interest)
$1,000
$25
0.01%
0.01%
^Minimum daily balance to obtain APY (the amount of principal in the account each day). Refer to your Truth in Savings disclosure for specific account information.
Key Features
Mobile Check Deposit
Deposit checks to your business account by uploading a picture of the check from a smartphone or scanner.
PopMoney® Person-to-Person Quickpay
Transfer money to contractors or vendors directly through your First Federal online banking bill pay.
Overdraft Privilege Service
Provides overdraft protection for the occasional insufficient funds error.
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No per-transaction or per-deposit fees.
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Direct Deposit services available.
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Online and mobile banking services allow you to make deposits, check balances, transfer money, and pay bills from your online or mobile account.
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Online bill pay is a safe and secure way to pay bills while saving on postage.
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A debit card with no annual fee can be used any place MasterCard is accepted with no annual fees and no minimum balances.