Business Products
First Federal Savings Bank offers business checking and small business loans to its commercial customers.
Economy Business Checking
- Open account with only $1,000
- Non-interest bearing account
- One of the following minimum balance requirements to avoid Monthly Maintenance Fee:
- $1,000 Actual Daily Balance
- $5,000 in a Savings Account
- Loan or Equity Line greater than $10,000 - $15 Monthly Maintenance Fee if minimums not met
Business Checking
- Open account with only $1,000
- Non-interest bearing account
- Maintain $1,000 balance to avoid service charges
- $10 Monthly Maintenance fee and $.35 per debit if balance falls below $1,000
Business Money Market
- Open account with only $1,000
- Interest bearing transaction account
- Maintain $1,000 balance to avoid service charges
- 6 transfer transactions electronic or check per statement period
- $15 Monthly Maintenance fee and $.30 per debit if balance falls below $1,000
Non-Profit Checking
- Open account with only $100
- Interest bearing
- Unlimited Check Writing
- $10 Monthly Maintenance fee and $.30 per debit if balance falls below $1,000
Small Business Loans
First Federal offers loans to small businesses to solve a variety of financing needs. Whether it is for expansion, working capital, facilities or other needs, we will work with you to tailor a package for your particular needs. Please visit one of our three convenient locations in Lincolnton, Boger City and Denver to discuss your business needs with one of our experienced branch managers.
Other Business Products
- Safe Deposit Boxes
- Business Credit Cards
- Retail Internet Banking
