First Pryority Bank Offers Three Types of Business Savings Options
Commercial Savings
Expecting the unexpected is smart. Build a cushion for your business with the help of competitive interest.
- Competitive rates earned when a $100 minimum daily balance is maintained
- Avoid the $3 quarterly maintenance fee* by maintaining a $25 average collected balance
- Digital banking
- $100 minimum deposit to open
* Fee appears on statement as SC Balance Requirement Fee.
Business Money Market
Earn interest with enhanced account access — a money market is the best of checking and savings.
- Earn competitive, tiered rates on balances of $1 or more
- Avoid the $6 monthly maintenance fee* by maintaining a $1,500 average collected balance or $900 minimum daily balance
- 6 withdrawals per statement cycle; $5 per withdrawal thereafter*
- 20 foreign deposit items; $0.125 per foreign deposit item thereafter when average collected balance is below $7,500
- Digital Banking
- VISA® debit card
- $100 minimum deposit to open
*Fee appears on statement as SC Balance Requirement Fee.
Business Certificates of Deposit (CDs)
Don’t let funds sit idly. Put them to work in a high-earning CD — simply choose your term to get started.
- Fixed rates, higher than regular savings
- Receive higher rates by selecting a longer term
- Set aside for future savings goals
- A wide range of terms available (from 3 months to 5 years)
- No setup or maintenance fees
- Early withdrawals subject to penalty*
- $1,000 minimum deposit to open
* Early withdrawals may result in the forfeiture of 1-12 months’ interest, depending on the term.
