FAIB offers different business checking accounts for different size businesses:


Business Checking

Manage your business with a Business Checking account

  • Low minimum opening deposit: $500
  • 24-hour ATM card access
  • Receive monthly statements for recordkeeping and reconciliation
  • Combined statement is free; you can archive documents and have the ability to see all your FAIB accounts on one statement
  • No transaction charge
  • No monthly fee if average daily ledger balance is $1,000 or more; $10 per month if below $1,000

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Business NOW Checking

Keep higher balances to earn interest while managing your cash flow

  • Low minimum opening deposit: $500
  • 24-hour ATM card access
  • Receive monthly statements for recordkeeping and reconciliation
  • Combined statement is free; you can archive documents and have the ability to see all your FAIB accounts on one statement
  • Earn interest on your entire checking balance regardless of checking balance level; compounded monthly
  • 40 free transactions, $0.20 per each additional transaction
  • When average daily ledger balance is below $5,000, $15 monthly maintenance fee plus transaction fees noted above

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Sign up for Online Banking to better manage your account

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Earn interest with higher balances