Business Savings

Simple Money Management: Business Savings, Money Markets and
Certificates of Deposit Options

Learn more about our CDs

First Bank and Trust offers multiple options for simple money management. Our Preferred Savings account makes it easier to save for a new computer, more equipment or a new vehicle. Plus, you have flexible access via teller, ATM or Online Banking. If you need check access, look into our Black and Gold Money Market account. Or lock in your rate for terms from 30 days to 5 years and invest your funds into a First Bank and Trust CD.

Having a Business Savings account with us can make it less stressful to handle those unexpected bumps in the road.

It’s easy to open an account; please contact an FBT Banker today.

Business Savings Choices

Preferred Savings	Black and Gold Money Market	Certificate of Deposit

Account Overview
Offers a high rate savings account for personal or business needs	Combines competitive rates with the liquidity and access you need to run your business	Lock in your rate for the term of the investment
Features and Benefits
Earns interest on the daily balance Interest is paid quarterly Interest tiers are: Under $2,500 $2,500 to $9,999 $10,000 or more Combined statements available	Account is tiered and offers higher rates as balances increase Interest tiers are: Under $25,000 $25,000 to $99,999 $100,000 or more Earns interest on the daily balance Interest is paid monthly Access by check, ATM or Online Banking	Terms are available for 30 days up to 5 years. Interest can be paid monthly, quarterly or annually. You may receive interest at maturity if the CD term is one year or less; for longer term CDs, the interest must be received at least annually
Balance Required to Avoid a Service Charge
$200 or more	$5,000 or more	$1,000 or more
Monthly service charge
$3, if the balance drops below the requirement If your account has over three (3) withdrawals per month, each excessive withdrawal is $2 each This is a limited transaction account¹	$20, if the balance drops below the requirement If your account has over six (6) limited transactions in a statement cycle, there is a fee of $15 each Unlimited transactions include deposits, in-person withdrawals or transfers at a teller and ATM transactions It is a limited transaction account¹	There are no maintenance fees on a CD
Opening Amount
$50	$5,000 or more in new funds	$1,000

¹ Federal banking regulations limit the number of transactions (withdrawals or transfers) that can be made on a Money Market deposit account (MMDA) or savings account during a monthly statement cycle. You may have six (6) pre-authorized transfers to your accounts or third parties during any statement cycle. If you routinely exceed this limit, we may choose to close your account.

For a complete description of our service charges and fees, please review our Business Fee Schedule.