- Business Visa® Debit Card instantly issued at any First Federal location
- Business Online Banking & Bill Pay*
- Mobile Payments
- Access to 32,000+ surcharge-free ATMs through the MoneyPass network**
- Telephone Banking
FREE Business Checking
- No per item fees (analysis fees)
- No monthly service charge
- $100 minimum deposit amount to open account
- Unlimited debits, credits, and deposited items
Business Interest Checking
- $100 minimum deposit amount to open account
- Must maintain $3,500 minimum daily balance or an average daily balance of $7,000 to avoid $12 monthly service charge
- Must maintain $3,500 average daily balance to earn interest
- Unlimited debits, credits, and deposited items
Switch to First Federal
It’s easy to switch your business checking account to First Federal! With our ClickSWITCH™ service, you can easily move recurring payments and direct deposits to your new First Federal Business Checking account. ClickSWITCH™ transfers your account information instantly. It’s fully automated and takes as little as 10 minutes. Find out more about ClickSWITCH.
Effective May 11, 2018, all banks will be subject to new rules under the Bank Secrecy Act that will aid the government in the fight against crimes to evade financial measures designed to combat terrorism and other national security threats. EACH time an account is opened, or you need to make a change on an existing account for a covered Legal Entity, we will also be required to ask you for identifying information (name, address, date of birth, social security number), as well as identification documentation (Driver’s License) for:
- EACH individual that has 25% or more Beneficial Ownership in the Legal Entity; and,
- ONE individual that has Significant Managerial Control of the Legal Entity
*Internet provider fees may apply.
**Some ATM fees may apply to certain ATMs in the U.S. and internationally.
