RESOURCE CENTER

At First Option Bank, we pride ourselves on offering "Banking at Its Best." Please contact us for further assistance if you don't see what you need here.


 

BUSINESS CHECKING OPTIONS

First Option Bank has the right checking account for you and your business and all offer the convenience of a Free Visa® Business Check Card. The card comes with no annual fee, can be used at the ATM or anywhere Visa® is accepted, and provides Auto Rental Insurance, Travel and Emergency Assistance, and more!

Come to the First Option Bank location nearest you and our friendly customer service representatives can help you choose the checking option that best meets your business needs.

Free Small Business Checking

The Free Small Business Checking account is designed especially for the small business owner with low transaction volume.

  • Low minimum opening deposit of only $100
  • No minimum balance requirement
  • Get 200 items FREE! This includes checks and deposited items that are not on us.
  • Low fee of only .12 cents per check and .07 cents per deposited item that is not on us if you exceed 200 transactions during the monthly statement cycle.

Business Checking

Business Checking is an interest-bearing account designed for sole-proprietor businesses, nonprofit corporations, nonprofit organizations and public funds.

  • Minimum opening deposit of $500
  • No minimum balance requirement
  • Interest is calculated with the Daily Collected Balance Method and is credit monthly
  • Low monthly service charge of only $5.00 plus .12 cents per check written and .07 cents for each deposited item that is not on us

Commercial Checking

If you have a corporation, sole proprietorship or partnership with higher transaction volumes, the Commercial Checking account may best meet your needs.

  • Low minimum opening deposit of only $100
  • No minimum balance requirement
  • Low monthly service charge of only $5 plus .12 cents per check written and .07 cents for each deposited item that is not on us
  • An earnings credit is given for each $100 of your average collected balance to help offset service charges