As of January 1, 2024, many companies doing business in the United States must report information about their beneficial owners—the individuals who ultimately own or control the company—to the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN). Additional information is available at fincen.gov/boi. Subscribe to FinCEN Updates for future guidance documents.

BOI-Frequently Asked Questions - English

BOI-Preguntas Frecuentes - Español

BUSINESS CHECKING

From small businesses to large corporate needs, our line of business checking accounts allows your company to manage cash flow efficiently, pay bills, and make mobile deposits on our mobile app. You can explore the business checking accounts we offer below, and contact one of our experienced business bankers to set up a customized business solution that meets your needs.

Small Business Checking

This account is perfect for smaller businesses requiring only minimal monthly transactions.

• First 150 transactional items per month free ($.25 per transaction over 150)
• Free Debit Card
• Free Online Banking (subject to internet provider or data charges)
• 4 free foreign ATM transactions per month
• Online Bill Pay is available
• Credit Card available**
• Image statements
• Minimum deposit to open $50
• No monthly service fee
• No monthly minimum balance required
• **Application taken by First Vision with credit approval by a third party.

Business Checking

Businesses with average to high transaction volume and account balances will appreciate this account.

• First 400 transactional items per month free ($.25 per transaction over 400)
• Free Debit Card
• Free Online Banking (subject to internet provider or data charges)
• 4 free foreign ATM transactions per month
• Online Bill Pay is available
• Credit Card available**
• Image statements
• Minimum deposit to open $50
• Monthly service fee $15

Monthly fee is waived by any of the following:

• $2,000 minimum daily balance
• $5,000 average balance for the month
• $25,000 combined business loans and deposits
• **Application taken by First Vision with credit approval by a third party

Business Interest Checking

This account provides sole proprietorships and non-profit organizations an opportunity to earn interest while managing monthly transactional needs.

• First 400 transactional items per month free ($.25 per transaction over 400)
• Free Debit Card
• Free Online Banking (subject to internet provider or data charges)
• 4 free foreign ATM transactions per month
• Online Bill Pay is available
• Credit Card available**
• Image statements
• Tiered interest earned on daily collected balances
• Minimum deposit to open $50
• Monthly service fee $15

Interest tiers:

• $0 – $9,999
• $10,000 – $49,999
• $50,000 – more

Monthly fee is waived by any of the following:

• $2,000 minimum daily balance
• $5,000 average balance for the month
• **Application taken by First Vision with credit approval by a third party.

Business Analysis Checking

This non-interest-bearing account allows more flexibility for larger businesses requiring more than 400 transactional items per month. With this account, you pay only for the services you use, while letting the earnings credit offset the monthly fee. You receive an earnings credit calculated on the average daily balance, which is used to offset or eliminate monthly analysis fees. As long as your balance covers account activity, you pay no monthly fee.

Minimum deposit to open $50
Monthly service fee – customized pricing based on checking activity
Earnings credit based on average daily balance may offset the monthly fee

IOLTA Checking

This account satisfies your escrow needs while earning interest on Lawyers' Trust Accounts.