Earn More with Elite Business Checking from First Farmers
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 140 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.
BENEFITS:
No Monthly Maintenance Fee***
Tiered Interest Rates*
Free Account Transfer Concierge Service
Includes First 500 Transactions per Statement Cycle**
ACCOUNT REQUIREMENTS
$25,000 Minimum Balance Requirement***
BENEFITS:
No Monthly Maintenance Fee***
Tiered Interest Rates*
Free Account Transfer Concierge Service
Includes First 500 Transactions per Statement Cycle**
ACCOUNT REQUIREMENTS
$25,000 Minimum Balance Requirement***
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* |
* Annual Percentage Yield as of 09/01/2022 and subject to change without notice. Fees may reduce earnings. 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. Public Funds do not qualify for this product.
** Each transaction in excess of 500 will result in a $0.50 fee per item. Transactions include deposits, checks deposited, checks paid, and ACH debits.
*** A $25.00 monthly service fee will be charged for accounts that do not meet the minimum daily balance requirements. A $3.00 mailed statement fee will apply for customers not enrolled in eStatements.
assumes a maximum total balance of $2,500,000. Public Funds do not qualify for this product.
** Each transaction in excess of 500 will result in a $0.50 fee per item. Transactions include deposits, checks deposited, checks paid, and ACH debits.
*** A $25.00 monthly service fee will be charged for accounts that do not meet the minimum daily balance requirements. A $3.00 mailed statement fee will apply for customers not enrolled in eStatements.
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
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