Business Checking

Your checking and savings accounts are the life blood of your business. They help you manage your cash flow more efficiently, so you can manage your business more efficiently. At The First Bank of Greenwich, you’ll find a range of accounts to keep your business going and growing.

Here are the different types of business checking accounts we offer:


SIMPLE BUSINESS CHECKING

  • $100 Minimum to Open
  • $8.00 Monthly Service Charge (No Charge if Average Daily Collected Balance of $2,000 Per Monthly Statement Period is Maintained)
  • $.30 Per Debit and Credit Items Over the First 300 During the Monthly Statement Period
  • Other Banks’ ATM/POS Fees Refunded (U.S. Only)
  • ATM Card Available
  • Debit Card Available
  • Free Internet Banking and Bill Pay
  • Free Telephone Banking
  • Overdraft Protection Available

REGULAR BUSINESS CHECKING

  • $100 Minimum to Open
  • $12.00 Monthly Service Charge
  • $.15 Per Check and Other Debit Item; $.10 Per Deposited Item (Earnings Credit Associated with This Account)
  • Other Banks’ ATM/POS Fees Refunded (U.S. Only)
  • ATM Card Available
  • Debit Card Available
  • Free Internet Banking and Bill Pay
  • Free Telephone Banking
  • Overdraft Protection Available

BUSINESS INTEREST CHECKING

  • $100 Minimum to Open
  • $1,000 Minimum Average Collected Daily Balance to Earn Interest
  • $6.00 Monthly Service Charge (No Charge if Average Daily Collected Balance of $1,000 Per Monthly Statement Period is Maintained)
  • $.25 Per Check and Other Debit Item
  • Other Banks’ ATM/POS Fees Refunded (U.S. Only)
  • ATM Card Available
  • Debit Card Available
  • Free Internet Banking and Bill Pay
  • Free Telephone Banking
  • Overdraft Protection Available

Note: This Account is available to Organizations, Lodges, Associations, Sole Proprietors and Non Profit Corporations


BUSINESS MONEY MARKET ACCOUNT

  • $2,000 Minimum to Open
  • $2,000 Minimum Average Collected Daily Balance to Earn Interest
  • $6.00 Monthly Service Charge (No Charge if Average Daily Collected Balance of $2,000 Per Monthly Statement Period is Maintained)
  • Tiered Rate Schedule:
    • $2,000 to $9,999.99
    • $10,000 to $24,999.99
    • $25,000 to $49,999.99
    • $50,000 to $99,999.99
    • $100,000 to $249,999.99
    • $250,000 and up
  • ATM Card Available
  • Free Telephone Banking
  • Free Internet Banking
  • Limitation of 6 Transfers per Monthly Statement Period. A $10.00 Excess Transaction Charge Applies

Leadership Bank and Gold Partner
IOLTA, IORETA and IOLA

  • Business Interest Checking available for IOLTA, IORETA and IOLA Accounts (Different terms and conditions may apply. Please see your Business Specialist from The First Bank of Greenwich for details).

IOLTA and IOLA

  • Minimum to Open: $0
  • Product Pricing/Charges:
    • No monthly service charges
    • No minimum average daily balance to earn interest
  • Features/Restrictions: Free Internet Banking; Free Telephone Banking; Check images returned; The interest earned on collected funds is submitted to the CT Bar Association (Lawyers).

IORETA

  • Minimum to Open: $0
  • Product Pricing/Charges:
    • No monthly service charges
    • No minimum average daily balance to earn interest
  • Features/Restrictions: Free Internet Banking; Free Telephone Banking; Check images returned; The interest earned on collected funds is submitted to the CT Housing Financing Authority (CHFA).

Charitable Checking Program

Giving Starts at The First Bank of Greenwich … Be Part of our Charitable Checking Program

At The First Bank of Greenwich we believe in supporting our local community and non-profit organizations. Become part of the Program and we will make monetary donations to your organization. To be eligible for the Program the recipient must be a nonprofit organization whose Operating Account is held at The First Bank of Greenwich. The organization must maintain an address in Fairfield or Westchester Counties. Once the group is enrolled, supporters of your organization may open individual Checking Accounts with the Bank. The Bank will then make quarterly donations to the organization based upon the balance kept in the Operating Account and the Supporters designated Checking Accounts. All donations come directly from The First Bank of Greenwich, no monies are withdrawn from the nonprofit or supporters accounts. To learn more about The Charitable Checking Program please contact one of our branches. Become part of a local bank that gives back to local organizations.