Compare Our Business Checking Accounts
FREE Business Checking Business Checking Plus Community First Checking
Monthly Service Fee $0 $0 $0
Minimum Balance Fee $0 $501 $0
Minimum to Open $0 $0 $0
Minimum Balance Requirement $0 $25,000 $0
Number of Transactions Unlimited Unlimited Unlimited
Pays Interest √ - Best Rate Guarantee!2 √ - Best Rate Guarantee!2 √
Free BIZLINK Online Banking √ √ √
Free Positive Pay Check and ACH Fraud Protection Service √3
Free Remote Deposit Capture √3
Free Concierge Account Setup and Training √ √ √
Cash Deposits Unlimited Unlimited Unlimited
Debit Cards √ √ √
Free eStatements4 √ √ √
Free Notary Service √ √ √
Free First Order Business Checks √ √
Free Safe Deposit Box5 √ √
FREE Business Checking
This account is ideal for all businesses, regardless of transaction activity.
Business Checking Plus
This account is ideal for businesses with larger average balances that wish to qualify¹ for our Business Online Banking with ACH, Positive Pay, and/or Remote Deposit services at no additional cost.
Community First Checking
This is an account designed for not-for-profit organizations.
Ready to Get Started? We’ll Make it Easy!
To open an account, please have the following:
- Personal ID for all account signers
- Employment Identification Number (EIN) or Social Security Number (SSN)
- Supporting documentation for these business types:
- Sole Proprietor: Personal ID
- Limited Liability Corporation (LLC): Operating Agreement & Articles of Incorporation (active business registration with the Secretary of State required)
- Corporation: Articles of Incorporation & organization (paperwork you filed with the state when you first opened the business) + board minutes showing authorization
- Partnership: Partnership Agreement
- Government Entity or Unincorporated Association: Board minutes showing authorization
*Additional items may be necessary
Would you like for us to come to you? Contact us to make an appointment. No need to leave your office. We will bring everything right to the location of your choice. That is the level of service you will enjoy at First Federal Savings Bank, your true local community bank!
Please contact us by calling 812-492-8124 or via email at treasurysales@fbei.net.
1Avoid $50 fee if you maintain $25,000 balance
2Excluding promotional offers
3To receive online banking with ACH, Positive Pay Check & ACH Fraud Protection Service, and Remote Deposit Capture at no additional cost
4Paper statement fee applies
5While supplies lasts. This is a limited time promotion.
