Business Checking and Savings Accounts

Business Checking Accounts

Welcome to FNBT Business Checking. In addition to offering the latest technologies, we enjoy providing our customers with friendly, personalized service throughout every business transaction.

First Northern Bank's Business Checking Accounts Feature:

• Free Business MasterMoney^® Debit Card
• Free Online Banking with Cash Management - Remote Solutions available for all Accounts
• Free Business Bill Pay
• Statements with Images on CD ($5.00 per month)
• Remote Deposit Services available

Basic Checking

• $5 Monthly Service Charge
• $200 Minimum Balance (to avoid the $5 Service Charge)
• Includes 50 Monthly Items
• $0.20 Fee per Item over the monthly limit

Plus Checking

• $10 Monthly Service Charge
• $2,500 Minimum Balance (to avoid the $10 Service Charge)
• Includes 250 Monthly Items
• $0.20 Fee per Item over the monthly limit

Analyzed Checking

• Earnings Credit^* to Offset Fees
• $100 Minimum Opening Deposit
• $20 Monthly Service Charge

Per Item Fees:

- Service Chargeable Debit $0.10
- Service Chargeable Credit $0.15
- Checks Deposited $0.10
- Cash Deposit $1.00 per $1,000
- ACH Credit $0.025
- ACH Debit $0.05

*Rate is subject to change without notice. Earnings credit is calculated on the collected balance in the account less the current reserve requirement.

All Accounts: Fees are set for a "nominal" amount of coin services. High-volume coin services will be assessed on an individual basis. Draws against unavailable funds will result in a charge equal to the current overdraft fee. See our schedule of service fees for additional fees that may apply.

Business NOW Checking

• For Non-Profits and Sole Proprietors
• Interest Rate and Annual Percentage Yield may change at any time
• Interest^** will compound monthly and be credited to your account
• $1,000 Minimum Opening Deposit
• A $10 Service Charge will apply if the Account Balance falls below $1,000 on any day of a Statement Cycle
• $0.20 Fee per Item (Debits, Credits, Cash/Checks Deposited)

**Interest is calculated using the daily balance method (applies a daily periodic rate to the account principal each day)

Accrual of interest on non-cash items (checks) begins on the business day you deposit them. If your account is closed within 90 days after opening, an early closing fee of $20 will be charged. After one year of zero account activity, a dormant fee of $5 per month will be charged.

Business Statement Savings

• Statement Savings Accounts are available in 4 tiers, each with a different yield. View current rate^* information.
• $100 Minimum Opening Deposit
• A $5 Service Charge will apply if the Account Balance falls below $100 on any day of the month
• You may make no more than 6 pre-authorized withdrawals, automatic or telephone transfers, net teller transfers, drafts and debit card or similar transactions from your account per month or statement cycle
• $5 Fee per Item over the monthly limit

*Interest Rates and Annual Percentage Yield are subject to change without notice. Interest will be compounded daily and credited to your account quarterly. Interest is calculated using the daily balance method (applies a daily periodic rate to the account principal each day). Accrual of interest on non-cash items (checks) begins on the business day you deposit them. If your account is closed within 90 days after opening, an early closing fee of $20 will be charged. After three years of zero account activity and a balance below $100, a dormant fee of $12 per quarter will be charged.