First Federal Bank of Florida operates 17 branches and two loan offices across North Florida. Their small business offerings include savings and business checking, loans and lines of credit, as well as commercial and SBA lending. They are rated A by the Better Business Bureau, 5 stars on Zillow, and 3.5 stars on Yelp.
First Federal Bank of Florida Business Checking Rates & Fees
|Monthly Fee||$8 per month; waived when balance requirement is met or when $15,000 loan relationship is maintained|
|Minimum Balance Requirement||$1,500 daily balance|
|Transaction Fee||Free for first 150 items per month, $0.09 per items deposited and paid thereafter|
|Wire Transfer Fee||Domestic (incoming): $10|
Domestic (outgoing): $25
International (incoming): $30
International (outgoing): $35
|Cash Deposit Fee||Information not available|
|Overdraft Fee||$36 per item (maximum of five items per day)|
$6 per day overdraft charge (beginning on the second day of overdraft)
|ATM Fee||Foreign ATM transactions: $2 each|
First Federal Bank of Florida Network
First Federal Bank of Florida has 17 branches and two loan offices across North Florida. You can use their branch locator to see which locations are closest to you.
First Federal Bank of Florida Additional Business Banking Services
First Federal Bank of Florida also offers the following business services: business savings accounts, credit cards and business lines of credit, as well as SBA, business, and commercial real estate loans. They currently do not offer money market accounts and wealth management services. Find out more about their small business offerings on their website.
|Online & Mobile Banking||✓|
|Business Line of Credit||✓|
|Business Credit Cards||✓|
|Commercial Real Estate Loans||✓|
|Money Market Accounts||x|
Best Small Business Business Checking Account
Want to know which bank we named the best business checking account for small businesses? Read our business checking account buyer’s guide comparing the top six options.