Business Banking Overview
Whether your business is large or small, we offer a wide variety of business banking solutions to meet your specific needs. It’s time to focus on what you love about running your business and let us assist you in managing your financial needs.
Business Banking Products
Basic Checking
With no monthly service charge and the first 100 transactions free, this account is ideal for business owners of all sizes.
Services Include:
- Allpoint (Worldwide ATM Network with over 55,000 free locations)
- Combined Statements
- Free Bill Pay
- Mobile App
- Online Banking
- Visa Debit Cards
Interest Checking
An interest-bearing account with a $10 monthly service charge (waived with a minimum daily balance of $2000). Interest paid monthly and the first 200 transactions are free.
Services Include:
- Allpoint (Worldwide ATM Network with over 55,000 free locations)
- Combined Statements
- Free Bill Pay
- Mobile App
- Online Banking
- Visa Debit Cards
Analyzed Checking
Designed for businesses with high volume monthly transactions who may also need cash management services such as ACH origination, wire transfers, and Remote Deposit Capture. The earnings allowance that this type of account provides utilizes the monthly average available balance to offset potential monthly service charges that may be incurred.
Services Include:
- Allpoint (Worldwide ATM Network with over 55,000 free locations)
- Combined Statements
- Free Bill Pay
- Mobile App
- Online Banking
- Visa Debit Cards
Savings
Maximize your earning potential by opening a business savings account today. This is an interest-bearing account with unlimited withdrawals and no fee when you come in person to a branch. $2.00 monthly service charge (waived with a minimum daily balance of $200).
Services Include:
- Allpoint (Worldwide ATM Network with over 55,000 free locations)
- Combined Statements
- Free Bill Pay
- Mobile App
- Online Banking
- Visa Debit Cards
Money Market
Open up a money market account and start using your excess cash to grow your savings. Unlimited withdrawals with no fee when you come in person to a branch. $9.00 monthly service charge (waived with a minimum daily balance of $500).
Services Include:
- Allpoint (Worldwide ATM Network with over 55,000 free locations)
- CardValet (enables the user to customize fraud alerts and set spending limits)
- Combined Statements
- Free Bill Pay
- Mobile App
- Online Banking
- Popmoney (transfer money to another person’s account)
- Visa Debit Cards
Certificates of Deposit
Start planning for your businesses’ future by starting the process of long-term savings today. CDs are a great way to earn a higher interest rate than a regular savings account. With an opening deposit of just $100 you can earn competitive rates with this type of account. Interest rates vary based on maturity date and amount of deposit. Call one of our Personal Bankers today to find the best CD to fit your needs.
Business Product Features Comparison
Providing secure and convenient access to your money.
| Product Name: | Minimum Opening Balance | Monthly Service Charge | Earns Interest | Special Features | All business accounts offer |
|---|---|---|---|---|---|
| Basic Checking | None | None. First 100 transactions free. | No |
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| Interest Checking | None | $10.00 Waived with minimum daily balance of $2,000. Waived for non-profit agencies. | Yes |
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| Analyzed Checking | None | All earnings allowance will be used to offset any service charges using the monthly average available balance. | No |
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| Savings | None | $2.00 Waived with minimum daily balance of $200 | Yes |
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| Money Market | None | $9.00 Waived with minimum daily balance of $500. | Yes |
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| Certificates of Deposit | $100 | None. Penalty imposed for early withdrawal | Yes |
Cash Management Tools
From payroll to depositing a check or providing your customers with fast and easy electronic payment solutions, we offer a variety of convenient and secure ways to manage your cash flow.
Services Include:
- ACH Origination
- Courier Service (free pickup and delivery service)
- Direct Connect (a product that directly downloads your checking account information into Quickbooks)
- Lockbox Services
- Merchant Services
- Positive Pay (reconciles your business account daily)
- Remote Merchant Capture
- Wire Origination
“We can count on Derek to do what is right for our business, even take a risk if necessary. He responds quickly to our questions and needs, even while on vacation. You won’t get that level of service at a big bank!”
Mary Rosen
Garrett Electric
“We value doing business with a locally owned bank where decision makers live and work here. That’s invaluable. Larger banking institutions don’t give you that level of service or availability. We know if anything happens, David and the team will always be there.”
SueAnn Mickelson
Co-Owner, Capitol Concrete Pumping
“Community First Bank has been with me every step of the way. Not only were they there for me when I needed a loan to expand my business, but they continue to be there for my whole family. I am comfortable discussing my financial needs and enjoy the relationship with not only my lender, but the whole team who always welcomes me.”
Jesse Kadinger
Owner, Jesse’s Lawn Maintenance
“When you have $500 deposits in straight quarters, you need a bank that can support that. Community First is one of the only banks able to process large coin deposits in house. Not only do they meet my banking needs—they always greet me by name when I walk through the door. The team is so personable and friendly and I always look forward to visiting.”
Todd Story
Manager, North Volland Car Wash
“We were impressed by Jesus; he always gives 100% and then some. We always run our business with the same approach, so we always appreciate the extra effort Jesus makes.”
Damian Padilla
Owner, PMI