Say hello to neighborhood banking that puts you 1st.
Business Checking Accounts
| Your existing Columbia Bank Business Checking Account | WILL BECOME |
Your 1st Security Bank Business Checking Account |
|---|---|---|
| Business Growth Checking, Primary Business Checking, Small Business Product | Small Business Checking - see details | |
| Commercial Business Checking, Healthcare Checking | Premier Business Checking - see details | |
| Business Chekcing, Business Relationship Checking, Business Interest Checking Plus, Business Interest Checking, Small Business Checking | 1st Business Checking - see details | |
| Community Non-Profit Checking, Advanced Non-Profit Checking | Non-Profit Checking - see details | |
| ID IOLTA, IOLTA California, OR IOLTA, WA IOLTA | Pooled IOLTA Checking specific to state - see details | |
| Idaho Public Funds, Public Checking, Public Funds Interest Checking | PF 1st Business Checking specific to state - see details | |
| Repurchase Agreement | 1st Insured Cash Sweep - B - see details |
Business Savings Accounts
| Your existing Columbia Bank Business Savings Account | WILL BECOME |
Your 1st Security Bank Business Savings Account |
|---|---|---|
| Business Money Trend, Healthcare Savings | Business Savings - see details | |
| Business Money Market, Business Money Market Analysis, Customary Business Savings, Premium Business Money Market | Business Money Market - see details | |
| Public Funds Money Trend | PF - Business Money Market - see details |
Business Checking Account Features
Your 1st Security Bank Business Checking Account
Your 1st Security Bank Business Checking Account
| Small Business | 1st Business | Non-Profit | PF 1st Business | Pooled IOLTA | |
|---|---|---|---|---|---|
| Mobile and Online Banking |
Free | Free | Free | Free | Free |
| Mobile Deposit | Free | Free | Free | Free | Free |
| Minimum Daily Balance | N/A | $1,500 | $2,500 | N/A | N/A |
| Transaction Limit Per Statement Cycle | 200 transactions. Electronic items are not counted | 250 transactions and 300 checks deposited | 250 transactions and 300 checks deposited | N/A | N/A |
| Fee Per Transaction Beyond Limit | $.20/item | $.15/item | $.15/item | N/A | N/A |
| Cash Deposited Limit Per Statement Cycle | $7,500 | $10,000 | $10,000 | $10,000 | N/A |
| Fee for Cash Deposit Over Limit | $.05/$100 cash rec’d. | $.05/$100 cash rec’d. | $.05/$100 cash rec’d. | $.05/$100 cash rec’d. | N/A |
| Paper Statement | Free | Free | Free | Free | Free |
| Check Images with Statements | $3 | $3 | $3 | $3 | $3 |
| Monthly Maintenance Fees | N/A | $10 | $10 | N/A | N/A |
| How to Avoid Monthly Maintenance Fees | N/A | Maintain minimum daily balance per statement cycle | Two external withdrawals or maintain minimum daily balance per statement cycle | N/A | N/A |
1st Security Bank will not assess a monthly maintenance fee on all deposit accounts through 4/30/23. If you decide that another type of account fits you better or if you want to schedule an account review with your banker please call your local branch.
Your 1st Security Bank Business Checking Account
Your 1st Security Bank Business Checking Account
| Premier Business* | 1st Insured Cash Sweep | |
|---|---|---|
| Mobile and Online Banking |
N/A | Free |
| Mobile Deposit | Free | Free |
| Minimum Daily Balance | N/A | N/A |
| Transaction Limit Per Statement Cycle | N/A | N/A |
| Fees and Charges | Fees may reduce the earning on your account. This account pays an Earning Credit Allowance. Balances earn an earnings credit that may offset the Monthly Maintenance Service Charge, per item fees and charges per account transaction activity noted below | N/A |
| Fees Charged Against the Account Per Statement Cycle | Checks paid: $.15 each. Deposits: $.20 each. Deposited items: $.10 each. ACH items: $.10 each. Cash deposited: $.05/$100 cash rec’d. RDC items: $.08 each. | N/A |
| Paper Statement | Free | Free |
| Check Images with Statements | $3 | N/A |
| Monthly Maintenance Fees | $10 | N/A |
*1st Security Bank Premier Business Checking Account: An analyzed account designed for larger businesses with a high-volume of transactions and cash management needs. If you decide that another type of account fits you better or if you want to schedule an account review with your banker, please let us know.