First City Bank offers the following to businesses:
Our commitment is to provide a range of financial products and services that meet your business and commercial banking needs. As a community bank with specific focus, we offer core business banking services to provide you with the best for less.
First City Bank is centrally located in the Grandview/Upper Arlington area of Columbus, Ohio. For qualified Business Checking Account customers throughout Central Ohio, we offer First City Bank "no charge" Courier Service. (Contact Business Banking department at 614-487-1010 for details).
First City Bank offers flexible business checking accounts. If you are a sole proprietor or a $100 million business, we have an account to meet your needs. All accounts require a minimum deposit to open and have no service charges if account terms, conditions, and minimums are met.
Designed for businesses with high monthly transaction volume. Variable earnings credit based on average balances. No minimum balance required.
Designed for businesses using Merchant Capture. No minimum balance required.
First City Bank allows our Sole Proprietor business customers to open a (less expensive) Consumer Checking account "DBA" with business name.
BUSINESS MONEY MARKET SAVINGS at First City Bank offers a competitive interest rate with a $1,000 minimum balance. Limited check writing capability.
|COMMERCIAL CHECKING||CUSTOM BUSINESS CHECKING||BUSINESS SAVINGS
|Required Opening Deposit||$100||$100||$1,000|
|Balance to Avoid Service Charges||$7||NONE||$1,000|
|Monthly Service Charge||An earnings credit can offset service charges||NONE||$10
Avoided with $1,000 minimum daily collected balance.
|None||Six (6) pre-authorized transactions per statement cycle. Six may be third party checks. $5.00 per item thereafter.|
|Interest and Payment Method||N/A||N/A||Interest accrues daily based on daily balance method. Interest compounds and pays monthly.|
|Statement Check Imaging||NO CHARGE||NO CHARGE||NO CHARGE|
|Telephone Voice Response Banking||NO CHARGE||NO CHARGE||NO CHARGE|
|Courier Service||Free for qualified balances. Ask your Business Banker.||Free for qualified balances. Ask your Business Banker.||N/A|
NOTE: Small Sole Proprietor Businesses are permitted to open up a Consumer "DBA" account for their business. This can help a small business with low volume and low average balances avoid service charges while they grow.