Minimal transaction fees that can be offset by earnings credits–for every $1,000 of average account balance. 8 cent charge per check deposited to the account. 15 cent transaction fee for regular deposits and written checks.
Statements
Imaged monthly statements for easy reference
Free Checks
50% discount on first order of custom checks
Online Banking
Yes
First Community Bank also offers commercial savings accounts and Certificates of Deposit, in addition to these specialized earning accounts for businesses looking to generate more interest:
For sole proprietorships, non-profit organizations or governmental entities, The Corporate NOW account offers lucrative interest earnings (in many cases comparable to a Certificate of Deposit or a Money Market Account) while still giving your business easy access to its money. Interest earnings are tiered; higher daily balances earn higher interest rates. Monthly service charges can be avoided by maintaining the minimum daily balance. Minimum opening deposit is required.
Money Market Accounts reward businesses that write fewer checks and make fewer withdrawals. First Community offers significant interest earnings for business owners with less account activity. Minimum required monthly balances encourage higher earning potential. Our current special is a 5% account for new funds. Ask one of our commercial banking representatives about this or other current interest rates and minimums.
IOLTA accounts are used by lawyers who are holding funds on behalf of a client. An IOLTA is used when the interest that might be earned for the client would be less than the cost of establishing and maintaining an account for the benefit of the client, usually when the funds are relatively modest or will only be held by the lawyer for a short time. First Community commercial banking representatives can answer questions about IOLTAs from lawyers and their account holders.
