BUSINESS CHECKING

More Bank For Your Business

If you need a checking account for your business, First Federal Bank of Louisiana has your back. Whether you’re an established business or a sole proprietor just starting out, our local team of experts is here to guide you in the right direction.

Meet the Business Team

Business Checking Account	Service Charge *(Assessed Monthly)*	Balance to Avoid Charge	Interest Rate Information	Additional Benefits and Other Information
Business Checking	None	N/A	N/A	Available to small businesses, DBA’s, sole proprietors, estate accounts, and partnerships Minimum opening deposit of $100 $.50 per item processed over 100 Check and deposit images with monthly statement Free Business Visa Debit Card and Online Banking Overdraft Privilege¹
Advantage Business Checking	$8*	N/A	N/A	Available to businesses and other non-personal accounts Minimum opening deposit of $100 $.20 per check charge* $.15 per deposit* $.055 per deposit item* $1 per deposit adjustment Earnings credit applied against account fees Analysis statement available online^† Check and deposit images with monthly statement Free Business Debit Card and Online Banking Overdraft Privilege¹
Business Interest Checking	None	N/A	Earns interest on balances over $1,000	Available to small businesses, DBA’s, sole proprietors, and partnerships Minimum opening deposit of $100 $.50 per item processed over 100 Check and deposit images with monthly statement Free Business Debit Card and Online Banking Overdraft Privilege¹
Advantage Business Interest Checking	$8*	N/A	Earns interest on Excess Net Investable Balance	Available to businesses and other non-personal accounts Minimum opening deposit of $100 $.20 per check charge* $.15 per deposit* $.055 per deposit item* $1 per deposit adjustment Earnings credit applied against account fees Analysis statement available online† Check and deposit images with monthly statement Free Business Debit Card and Online Banking Overdraft Privilege¹
Advantage Business Money Management	$7	$2,500 Average Balance	Varies, based on the applicable interest rate and APY**. Tiered rates on ledger balance of: $0 to $2,499; $2,500 to $49,999; $50,000 to $99,999; $100,000 to $249,999; $250,000 or greater	Available to business and other non-personal accounts $2,500 minimum opening deposit Must maintain a First Federal Bank checking account No checks issued Limited to 6 pre-authorized automatic or electronic transfer debits per statement cycle, including sweeps; $7 charge thereafter Sweep feature available
Zero Balance Checking	$25*	N/A	N/A	Available to all account holders; used as a cash control system to move funds between accounts, such as payroll $.20 per check charge*
Community Organization Checking	$5	$50	N/A	Available to not-for-profit organizations, civic, and church groups Minimum deposit of $50 No per check charge

*Analysis Charge

**Annual Percentage Yield

† Analysis transaction will post by the 10th of the following month

¹ A $28.00 Non-sufficient Funds (NSF) fee will be assessed per item. The $28.00 NSF fee is the same fee amount that is charged if an item is returned as unpaid. If multiple items overdraw your account on the same day, each item will be assessed an appropriate NSF Fee or a Returned NSF Fee of $28.00. All fees and charges will be included as part of the Overdraft Privilege limit amount. Overdraft Privilege will pay overdrafts created by check, in-person withdrawal, ATM withdrawal, or other electronic means that cause the current balance to fall below $0.00 on your account, up to the overdraft limit. In the event the overdrawn balance is not paid within 60 days, the account will be closed and may be reported to Consumer Reporting Agencies. We reserve the right to close your account at any time. Overdrafts will not be paid if your account is not in good standing, you are not making regular deposits, or you have too many overdrafts. First Federal Bank reserves the right not to pay any transactions that overdraws your account.