Your Business Savings Account Earns Interest Every Day
at First Heritage Bank.
First Heritage Bank offers you a choice of three Business Savings Accounts, all featuring competitive interest rates and unlimited access to your funds. Which one you choose depends on your business needs.
Our Business Savings Account offers a variable interest rate and a low balance requirement, with interest accrued daily. Our Business Money Market and Premium Business Money Market accounts provide our best possible yields with more competitive interest rates and higher minimum balance requirements.
| Type of Account Plan | Premium Business Money Market | Business Money Market | Business Savings |
| Recommended if a customer wants: | A savings account that pays highly competitive interest on multiple tiers, while allowing unlimited funds access in person and at ATMS |
A savings account with competitive interest and unlimited funds access in person and at ATMs |
A savings account with competitive interest and unlimited funds access in person |
| Minimum Daily Account Balance - Requirement to Avoid Monthly Service Fees | $15,000 | $1,000 | $500 |
| Monthly Service Fee | $15 | $8 | $5 |
| Additional Metered Fees | Not Applicable | Not Applicable | Not Applicable |
| Minimum Opening Deposit | $1000 |
$100 |
$100 |
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Check Current Rates
In addition, your First Heritage business savings account gives you access to:
- Notary Service
- Cashiers Checks
- Money Orders
- Travelers Checks
- Wire Transfer
- Safe Deposit Boxes (in certain locations)
Click for more information on:
- Certificates of Deposit (CDs)
- Individual Retirement Accounts (IRAs)
- Business Loan Options
- Financial Calculators
First Heritage Bank’s Business Savings Accounts let you earn interest on your money every day. Interest is compounded on the collected balance daily and paid back into the account monthly (or at statement cycles). Our Business Savings Accounts is designed to provide a highly liquid, secure environment alternative, while paying interest on rates that are adjusted based on market conditions. Our two Business Money Market Accounts offer our best possible yields. Business Account Programs are subject to change. Certain restrictions apply. Overdrawn accounts and other fees may reduce earnings when minimum balance requirements are not maintained.
All our accounts are insured to $100,000.00 by the Federal Deposit Insurance Corporation (FDIC). Ask a First Heritage banker for specifics on FDIC-insured account options and other information provided by the FDIC.
For each Savings or Money Market account, no more than six (6) pre-authorized, automatic, online or telephone transfers may be made from these accounts to another account of yours or to a third party in any month. Only three (3) of these six (6) transfers may be made by check (Money Market only), draft or debit card.
