Deposit Accounts

Small Business Checking
Business Interest Checking
Commercial Checking
Commercial Money-Market Savings
Non-Profit Organization Account

For more details, contact Britney Bruce at (479)788-4230 or Jessica Southerland at (479)788-4671.

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Small Business Checking

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It's designed especially for small business with a low to moderate volume of monthly checking transactions, and it has a service charge that's easy to understand.

Minimum opening balance $100.00
No Monthly Fee (*If $5,000 average daily balance is maintained)
First 200 checks, deposits or deposited items per month free of charge --
50 cents per item thereafter, regardless of the account balance.
No minimum balance.
All other services will be charged at existing standard fees.

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Business Interest Checking

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Interest earning checking accounts are available for individual proprietorships and non-profit corporations.

INTEREST
Your account earns interest at rates which are established at the discretion of the Bank. This rate is applied on the investble balance at the end of each month. Your account will be charged an activity fee based on the volume of transactions for the month.

Please contact us to receive an activity fee rate schedule.

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Commercial Checking

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We analyze each commercial account monthly and subtract the fees for services used from the earnings allowance on the balance in your account. The earnings allowance is determined by taking the average of the 91-day Treasury Bill auction discount rate and applying it against the average investable balance. There will be an analysis statement mailed to each customer receiving a service charge. This statement breaks down the services used, the cost, and the earnings allowance on the deposit balances.

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Commercial Money Market Savings

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The minimum opening balance is $1,000.00. A Commercial Checking Account is also required. Up to six transfers from the Money Market Savings to the Checking Account may be made each month by telephone authorization. A total of six transfers or withdrawals is allowed each month. Three of these six transfers can be made by check, draft or similar order made to third parties. Each transfer thereafter, must be made in person or by messenger. Activity in this account will be consolidated with the activity in the checking account for a service charge.

Under Federal Law, First National Bank has reserved the right to require at least seven days' written notice prior to withdrawal or transfer of any funds in this account.

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Non-Profit Organization Account

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The minimum deposit to open this account is $100.00. Unincorporated non-profit organizations such as clubs, charitable organizations, and religious groups may open  this type of account. There is no monthly service charge or minimum balance charge on active accounts. If your account has a balance of less than $100.00 and has had no activity for one year, there is a $5.00 per month charge unless activity is resumed. There is a charge for personalized checks which varies according to the style selected.

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* A $9.00 fee will be charge each statement period if the average dailey balance for the statement period falls below $5,000.