Business Checking Accounts
An America First Business checking account does not require a minimum balance. Unlike most financial institutions, we will not require you to maintain a certain amount in your account, giving you more flexibility and freedom. Pair it with our Business Checking Overdraft Line of Credit and you have the best business checking account around.
Your initial deposit of $145 covers the funds to setup your account:
- $45 for a one-time set up fee and endorsement stamp
- $25 to open a Share Savings Account
- $75 to open the Business Checking Account (your first order of business checks are taken from this balance)
Business Checking Account fees are based on your transaction volumes, collected funds on deposit, and other services rendered.
| Monthly Maintenance Fee | $2.00 |
| Checks Cleared | $.10 each |
| Deposits | $.20 each |
| Items Deposited | $.04 each |
ORGANIZATIONAL CHECKING ACCOUNT FEES
| Excess Checks Written (more than 10 monthly) | $ .10 ea. |
| Excess Deposits Made (more than 10 monthly) | $ .20 ea. |
| Items Deposited | $ .04 ea. |
- Earnings Credit Allowances: Since business checking accounts can't accrue dividends, we provide Earnings Credit Allowances--dividends that your account balance could have earned you--and use them to offset your account fees.
- Check View: View your checks for your business account anytime you want thru our convenient, no fee online imaging system, that allows you to print a copy anytime you want at no charge.
- Convenient AFCU Locations and Extended Hours: to accommodate your work schedule.
Your monthly statement summarizes account fees and earnings credit allowances that may offset these fees. This statement can be viewed online 24 hours a day through Web Access online banking.
