COMMERCIAL BANKING
Commercial Checking Accounts
| Minimum Deposit to Open |
$500.00 |
| Minimum Balance to Avoid Charges |
Service charges may be reduced by an earnings credit which will be applied against activity generated during the month. The credit is equal to the month's average 91-day Treasury Bill rate applied to the net collected balance, less reserve. In instances of a negative net collected balance, a charge equal to the month's 91-day Treasury Bill rate +4% will be applied. |
| Monthly Fees |
$15.00 monthly maintenance fee. $.15 per debit or check. $.15 per credit or deposit. $.12 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.
