Are you earning 4.00% APY* on your business checking?
SAY HELLO TO ELITE BUSINESS CHECKING
An elite business deserves an elite business account. That's where we come in.
Ready to start earning what you deserve?
At First Farmers, we’re banking built on heart and grit. With over 135 years of experience in helping our business customers to thrive financially, we’ve learned a thing or two. First, recognize grit when you see it. Second, capitalize on it to build excellence. And third, reward that excellence with the service and products it deserves.
Elite Business Checking Promo Rate Chart
| Daily Balances | APY | Blended APY* Range |
| $0 - $24,999.99 | 1.94% | 1.94% APY* |
| $25,000 - $44,999.99 | 3.48% | 1.94% - 2.62% APY* |
| $45,000 - $99,999.99 | 3.69% | 2.62% - 3.20% APY* |
| $100,000 - $199,999.99 | 3.89% | 3.20% - 3.55% APY* |
| $200,000 - $999,999.99 | 4.05% | 3.55% - 3.95% APY* |
| $1,000,000 - $1,999,999.99 | 4.05% | 3.95% - 4.00% APY* |
| $2,000,000 and above | 4.05% | 4.00% - 4.01% APY* |
Interest rates are tiered based on split balance interest tiers. Promotional Annual Percentage Yield (APY) applies for 180 days after account opening and then reverts to the standard Elite Business Checking APY. Promo split balance interest tiers apply as follows: 1.94% APY only applies to the portion of the daily balance which is less than $25,000; 3.42% interest rate and APY ranging from 1.94% to 2.62% with interest rate applying to the portion of the daily balance between $25,000 to $44,999.99; 3.62% interest rate and APY ranging from 2.62% to 3.20% with interest applying to the portion of the daily balance between $45,000 to $99,999.99; 3.82% interest rate and APY ranging from 3.20% to 3.55% applying to the portion of the daily balance between $100,000 to $199,999.99; 3.97% interest rate and APY ranging from 3.55% to 3.95% with interest applying to the portion of the daily balance that is $200,000 to $999,999.99; 3.97% interest rate and APY ranging from 3.95% to 4.00% with interest applying to the portion of the daily balance that is $1,000,000 to $1,999,999.99; 3.97% interest rate and APY ranging from 4.00% to 4.01% with interest applying to the portion of the daily balance that is $2,000,000 and over. This example assumes a maximum total balance of $2,500,000.
Elite Business Checking Rate Chart
| Daily Balances | APY | Blended APY* Range |
| $0 - $24,999.99 | 0.00% | 0.00% APY* |
| $25,000 - $44,999.99 | 1.51% | 0.00% - 0.67% APY* |
| $45,000 - $99,999.99 | 1.71% | 0.67% - 1.24% APY* |
| $100,000 - $199,999.99 | 1.92% | 1.24% - 1.58% APY* |
| $200,000 - $999,999.99 | 2.07% | 1.58% - 1.97% APY* |
| $1,000,000 - $1,999,999.99 | 2.07% | 1.97% - 2.02% APY* |
| $2,000,000 and above | 2.07% | 2.02% - 2.03% APY* |
Interest rates are tiered based on split balance interest tiers. Standard split balance interest tiers apply as follows: 0.00% Annual Percentage Yield (APY) only applies to the portion of the daily balance which is less than $25,000; 1.50% interest rate and APY ranging from 0.00% to 0.67% with interest rate applying to the portion of the daily balance between $25,000 to $44,999.99; 1.70% interest rate and APY ranging from 0.67% to 1.24% with interest applying to the portion of the daily balance between $45,000 to $99,999.99; 1.90% interest rate and APY ranging from 1.24% to 1.58% applying to the portion of the daily balance between $100,000 to $199,999.99; 2.05% interest rate and APY ranging from 1.58% to 1.97% with interest applying to the portion of the daily balance that is $200,000 to $999,999.99; 2.05% interest rate and APY ranging from 1.97% to 2.02% with interest applying to the portion of the daily balance that is $1,000,000 to $1,999,999.99; 2.05% interest rate and APY ranging from 2.02% to 2.03% with interest applying to the portion of the daily balance that is $2,000,000 and over. This example assumes a maximum total balance of $2,500,000.
Related Services
We want to be your full financial partner, because when you can see the whole picture, you’re set up for success. How else can we help with your financial goals?
01
Business Checking and Savings
Running a business takes heart, grit, and a financial partner who understands your unique needs. At First Farmers, we’re dedicated to providing that level of service.
02
Business Lending
Building a business takes heart, grit, and the financial partner that can help you power your operation’s success. Our expert lenders are here to help you grow.
03
Business Leasing
At SCI Lease, a division of First Farmers Bank & Trust, we know leasing.
04
Business Account Management
We offer a wide range of banking services that make managing your money faster, easier and more convenient, so you can focus on business.
05
Treasury Management
Running a business takes heart, grit, and some financial know how. Our Treasury Management solutions free up your time so you can focus on what you do best.
06
Small Business Loans
Small businesses are the heart and grit of our local communities - and we're here to help.
07
Autobooks
Send a professional invoice and get paid — all in the same place!
08
Homebase
Homebase helps small businesses manage employee scheduling, time clocks, payroll, communication, and more—all in one place.
