Business Checking & Savings
Your Hometown Friends. Your Hometown Bank.
Fuel Your Business Growth: Business Banking That Fits Your Pace at First Federal Savings Bank of Kentucky
Advantages of Business Banking
As your hometown bank, we offer simplified, user-friendly business accounts designed to meet the needs of small and growing businesses. Your focus is on your business – our focus is to make your business checking work smoothly and effectively.
Business Account Options:
Hometown Business Checking
- $300 minimum deposit to open
- $300 required minimum balance
- $5 maintenance fee **
- $10 low balance fee
Hometown Business Savings
- $1,000 minimum deposit to open
- $1,000 required minimum balance
- $5 maintenance fee **
- $10 low balance fee
*No minimum deposit with direct deposit. **Maintenance fees are waived with eStatements
Why Choose First Federal as Your Business Banking Partner:
- Seamless Online & Mobile Banking: Manage your accounts 24/7, make loan payments, and track your finances anytime, anywhere.
- Extensive ATM Network: Access your cash at multiple convenient locations, ensuring uninterrupted business operation.
- Unwavering Support: Benefit from our commitment to delivering excellent customer service and personalized guidance along your entrepreneurial journey.
Hometown Business Accounts:
| Hometown Advantages | Hometown Checking | Hometown Checking w/ Interest |
|---|---|---|
| Minimum Deposit to Open | $300 | $1,000 |
| Minimum Balance to Maintain | $300 | $1,000 |
| Low Balance Fee | $10 | $10 |
| Maintenance Fee | $5** | $5** |
| Free Online & Mobile Banking | ✔ | ✔ |
| Free Instant Issue Debit Card | ✔ | – |
| Free Bill Pay w/ Picture Pay | ✔ | ✔ |
| Earns Interest | – | ✔ |
| Instant Pay a Person | ✔ | ✔ |
| Unlimited Transactions | ✔ | ✔ |
| Unlimited Check Writing | ✔ | – |
| Free Starter Checks | ✔ | – |
| Free Digital Vault | ✔ | ✔ |
* No Minimum deposit with direct deposit.
** Maintenance fee is waived with eStatements.
Rates are subject to change at the bank’s discretion.
