Business Checking

Business Checking Accounts

First State Bank of Bloomington offers a variety of checking accounts to accommodate your business needs. Whether you are a small, home-based business or a large company with multiple locations, First State Bank of Bloomington can tailor an account for you.

First Business Checking Accounts

  • Types of organizations that qualify: sole proprietorships, partnerships, corporations, estates, clubs, and associations
  • Minimum to open: $100 (no minimum balance required)
  • First 150 items free
  • Per item charges that may apply:
    • Over 150 items = $.25 per item
    • Items = each ACH, check, deposited item, deposit slip, electronic debit or credit, etc.
  • Image statement provided as of the last business day of the month

First Business Plus Checking Accounts

  • Types of organizations that qualify: sole proprietorships, partnerships, corporations, estates, clubs, and associations
  • Minimum to open: $100 (no minimum balance required)
  • $ 5.00 monthly maintenance fee
  • First 300 items free
  • Per item charge that may apply:
    • Over 300 items = $.25 per item
    • Items = each ACH, check, deposited item, deposit slip, electronic debit or credit, etc
  • Image statement provided as of the last business day of the month

First Commercial Business Checking Accounts

  • Types of organization that qualify: sole proprietorships, partnerships, corporations, and larger clubs/associations
  • Minimum to open: $100 (no minimum balance required)
  • Monthly maintenance fee of $10
  • Per item charges that can apply:
    • $.10 per item charge
    • Items = each ACH, check, deposited item, deposit slip, electronic debit or credit, etc.
  • An earnings allowance may be credited against service charges based on the average balance of the account (see rate sheet or Customer Service Representative for current rate)
  • Image statement provided as of the last business day of the month

It is the customer’s right and responsibility to change account type at any time by notifying a Customer Service Representative at First State Bank of Bloomington.