business checking accounts

Business Interest Checking

Checking for business with high monthly balances.

 
Many successful companies maintain healthy account balances. The key is to keep that money working even as you're waiting to use it. Business Interest Checking allows you to earn competitive interest while maintaining the liquidity you need to meet your daily expenses.

  • Tiered interest rates tied to account balance
  • Manage your accounts 24/7 with Online Banking and Mobile Banking
  • $100 minimum opening deposit
  • Night deposit service available at all Florence Bank locations
  • Deposits fully insured with FDIC and Depositors Insurance Fund (DIF) coverag

 
 
Rates as of 10/26/2020
All rates subject to change without notice.
Product Name Annual Percentage Yield (APY) Annual Interest Rate Minimum Deposit To Open Minimum Balance To Obtain The APY
Business Interest Checking Account-
Tier 1
0.01% 0.01% $100 $0.01
Business Interest Checking Account- Tier 2
0.05% 0.05% $100 $100,000
Business Interest Checking Account-
Tier 3
0.10% 0.10% $100 $250,000
Business Interest Checking Account-
Tier 4
0.10% 0.10% $100 $500,000
Business Interest Checking Account-
Tier 5
0.10% 0.10% $100 $1,000,000
*Fees may reduce earnings. The interest rate and APY may change after the account is opened.
 
 

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