Fuel your company’s growth with a more affordable solution.
At First Northern Bank and Trust, many business customers find that our Business Basic Checking Account beautifully meets their needs. Companies with a higher level of account activity usually opt for the extra benefits of our Business Plus Checking Account. However, over time, as organizations grow or adjust their sales strategies, the amount of account activity and related fees can easily start creeping up.
When the activity volume starts regularly exceeding 250 items per statement cycle, we’ll invite you to convert your Business Plus Checking Account into a Business Analyzed Checking Account.
Now, your account balance will accrue earnings that’ll be credited against item fees!
- Minimum opening deposit $100.00
- Unlimited check writing
- Sweep Protection (from a qualified account)
- Business Online Banking with Bill Pay
- Mobile Banking App for iPhone®, iPad®, and Android™ phones and tablets is available for download at the App Store℠ and Google Play™
- Pay bills electronically
- Express Banking (access your account by phone)
- Business MasterMoney® Debit Card
- Automatic enrollment in ReSubmitIt® Electronic Check Recovery Service
- Optional Online Cash Management
- Unlimited use of First Northern Bank and Trust ATMs
- Paper Statements by mail include check images
- eDocs (includes optional eStatements)
- Direct Deposit
- Bank to Bank Transfers available to Sole Proprietors
- Service fee of $20.00 per statement cycle
- Item fees of $.10 per service chargeable debit, $.15 per service chargeable credit, $.10 per check deposit, $1.00 per $1,000.00 for cash deposits, $.025 per ACH credit, and $.05 per ACH debit.
- See additional details
Open a Business Analyzed Checking Account.
Call 1-800-344-2274 or visit any branch location.
Once the account is open, you can enroll in Online Banking, request that your preferred features be enabled, and download the First Northern Bank and Trust Mobile Banking App from the App Store or Google Play.
Already have an account enrolled in Online Banking? To add or remove services, please use the Online Banking Addendum. To submit the form, visit our contact page to request instructions to upload the document online, mail it to your preferred branch location, or drop it off at your convenience.
There is no fee for the Mobile Banking App but connectivity and usage rates by your carrier or internet provider may apply. Contact your wireless service provider for more details. Deposits are subject to verification and are not available for immediate withdrawal. Deposit limits and other restrictions apply. iPhone and iPad are registered trademarks of Apple Inc. Android is a trademark of Google LLC. App Store is a service mark of Apple, Inc. Google Play is a trademark of Google LLC.
To initiate a Bank to Bank Transfer, a Sole Proprietor must use their Social Security Number instead of a Taxpayer Identification Number (TIN) or Employer Identification Number (EIN). Draws against unavailable funds will result in a charge equal to the current overdraft fee.
Dormant and Inactive Account Information. A dormant account fee of $5.00 per month will be charged after 1 year of inactivity.
Processing Order. Items are paid from current funds or within granted Bounce Protection limits, if applicable, using the following method: Internal items, POS items, ATM items, over the counter checks (serial number order), ACH items, all other checks (serial number order).
The processing order of these items is important because if there is not enough money in the account to pay for the items in the order they are processed in accordance with the processing order, there may be an overdraft on your account which may result in overdraft or non-sufficient funds fees or an increase in the amount of these fees.
Additional Information Regarding Your Account. This account is not a consumer account to which Truth in Savings applies.
Check Standards: You agree to only write or deposit checks that are written in an ink type or color (blue or black) that reproduces clearly when imaged or copied. You also agree that you will not write or deposit checks that bear designs, security features, or other elements that prevent the check from being imaged or copied with all of its necessary elements being reproduced clearly.
Substitute Checks: You agree that you will not, without the Bank’s express written consent, deposit any substitute check into an account.
Fees and Charges. For information about fees and charges associated with this account, view our Schedule of Service Fees.
MasterMoney is a registered trademark of Mastercard International Incorporated.