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Business Checking

No matter the size of your business or organization, there’s a First PREMIER Bank business checking account to meet your needs. Choose from two High Volume and two Low Volume options – both designed for convenience, flexibility and value. Bid pricing is available for businesses with a large volume of transactions. Contact us for more information.

 High Volume With Earnings CreditHigh Volume With InterestLow Volume Without InterestLow Volume With Interest
Customer Profile For customers who routinely receive and write a large number of checks For customers who routinely receive and write a large number of checks and want their funds to earn interest For customers who do not write or receive a large volume of checks For customers with limited checking activity who want their funds to earn interest
Minimum Monthly Balance None None None None, however interest will be paid if you maintain at least a $500 balance
Monthly Maintenance Fee*

$15

$10 with eStatements

$15

$10 with eStatements

$5

$0 with eStatements

$10

$5 with eStatements

Total FREE Transactions1     150 free items per statement cycle (combination of withdrawals and deposited items) 150 free items per statement cycle (combination of withdrawals and deposited items)
Per Withdrawal Charge2 $0.15 $0.15  $0.206  $0.206
Per Deposit Items Charge3 $0.10 $0.10  $0.206  $0.206
Interest or Earnings Credit Earnings credit rate based on the previous monthly average of the 91 day T-Bill Tiered Variable Interest Rate4 None Tiered Variable Interest Rate4,5

Additional Features:

FREE safekeeping4 or imaging of checks5
FREE Bill Pay
Online Banking
Online Statements

*How to take advantage of the reduced monthly maintenance fee:

  • If your account has Online Banking with eStatements you will receive the discounted fee. No further action is required.
  • If your account has Online Banking and you are not signed up for eStatements, please call our Customer Care Center at 605-357-3002 or 800-501-6535 to find out how to get enrolled.
  • If your account does not have Online Banking or eStatements please stop by any First PREMIER Bank location or call your banker.

1"Transaction" refers to any combination of items, paid or unpaid, including paper and electronic.

2"Withdrawal" refers to any transaction whether initiated in person, by check, draft or similar paper instrument, or any transaction initiated electronically through electronic funds transfer. Withdrawal does not include transactions made using a First PREMIER Bank Debit Card, transactions initiated through wire transfer, transactions initiated through Online Bill Payment, or transfers initiated through Business Online Banking.

3"Deposit" refers to all deposit transactions. Deposit does not include transactions made at an ATM, through Remote Deposit or Mobile Deposit, or transfers made through Business Online Banking.

4At our discretion, we may change the interest rate daily. Interest is calculated using the daily balance method. Interest is compounded monthly and credited monthly.

5Interest not paid on days the balance falls below $500.

6Cost per excess transaction over free transactions allowed per statement cycle.