First Bank has 102 branches located throughout North Carolina and South Carolina. Its small business offerings include business savings and checking, lending, merchant services, business insurance, as well as cash and wealth management. It is rated A+ by the Better Business Bureau and two stars on WalletHub.
First Bank Business Checking Rates & Fees
|Monthly Fee||$10 per month; waived if balance requirement is met|
|Minimum Balance Requirement||$1,000 minimum balance or $2,000 average collected balance|
|Transaction Fee||250 free transactions per month; 40 cents each thereafter|
|Wire Transfer Fee||Incoming (domestic): $18|
Incoming (international): $30
Outgoing (domestic): $25
Outgoing (international): $55
|Cash Deposit Fee||Up to $10,000 free cash or coin/currency deposits; 18 cents per $100 deposited thereafter|
|Overdraft Fee||$36 per item (maximum of 5 fees/$180 per day)|
$36 negative balance fee (charged to the account if it has a negative balance for 7 consecutive calendar days)
|ATM Fee||$2.50 per non-First Bank ATM usage|
First Bank Network
First Bank operates 102 bank branches in North Carolina and South Carolina. You can use its branch locator to see which locations are closest to you.
First Bank Additional Business Banking Services
First Bank also offers the following business services: business savings and money market accounts, credit cards, business loans and lines of credit, wealth management, Small Business Administration loans and commercial real estate financing. Find out more about its small business offerings on its website.
|Online & Mobile Banking||✓|
|Money Market Accounts||✓|
|Business Line of Credit||✓|
|Business Credit Cards||✓|
|Commercial Real Estate Loans||✓|
Best Small Business Checking Account
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