COMMERCIAL BANKING
Commercial Check Cashing Account
| Minimum Deposit to Open |
$500.00 |
| Minimum Balance to Avoid Charges |
Earnings credit is the same as a Commercial Checking Account except that a negative net collected balance is equal to 18% interest. |
| Monthly Fees |
$50.00 monthly maintenance fee. $.15 per debit or check. $.15 per credit or deposit. $.18 per item on each deposit. Strapped currency - $1.00 per thousand. Rolled Coins - $.10 per roll. |
| Other Fees/Account Information |
N/A |
No annual fee for business debit cards
First International Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through June 30, 2010, all non-interest bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.
