Business
Banking
Commercial Accounts | Commercial Loans
Business Checking / Community Checking
You may be pleasantly surprised by our
business checking accounts - your convenience is a priority. With
your Business Premier Advantage or FREE Business Checking account,
you can devote your full energy to running your business, and less
to cross-checking bank fees.
Cash Management services are also available through online
banking. Online bill-pay, ACH generation, Payroll, and much more are
ready to help you save time and manage your accounts payable and
receivable.
Please see
a bank representative for full details.
Take a look...
BUSINESS PREMIER ADVANTAGE
- FREE BUSINESS
CHECKING
COMMUNITY CHECKING -
HEALTH
SAVINGS ACCOUNT
OTHER BUSINESS SERVICES
Free Business Checking
The Free Business Checking Account has no monthly service charge
or minimum balance. Unlimited debits give you the freedom to manage
your business without having to worry about banking fees.
- No minimum deposit required to open the account.
- No minimum balance to maintain.
- FREE unlimited debits
- FREE standard Internet Banking with Bill-Pay
- Remote Deposit Check Scanning Available
- Automatic Debit / Check-By-Phone Available
- Customer must pay for their own checks, but they may be
purchased through any source.
Minimum Balance: None
There are no monthly service
charges
Deposit to Open: No Minimum
There is no minimum deposit required to open the account.
Business Premier Advantage
Available for qualifying businesses.
Tired of cross-checking per-item fees? Looking for extras and
advantages for your business and your employees? This account earns
interest and includes numerous services, advantages and extras.
Note: There is a no-interest option for businesses that cannot
earn interest.
You will enjoy many benefits, including:
- Monthly Interest Payments
- FREE unlimited check writing
- FREE unlimited debits
- FREE coin/currency orders
- FREE check imaging and digital storage in bank archive
- FREE standard Internet Banking
- Lending Advantages and Employee Extras (see below)
Deposit to Open: $1500
A minimum deposit of $1,500 is required to open the account.
A $15.00 monthly service fee applies to this account.
- However, if a $10,000 average daily balance is
maintained, the fee is reduced to $10.00.
- If your business cannot earn interest on checking,
deduct $5.00 from the monthly service fee.
- For example, if
your business maintains an average daily balance of $10,000
and cannot earn checking interest, the monthly service fee
is just $5.00.
This account earns a tiered interest rate. The entire
balance is subject to the higher rate when the average
monthly balance reaches the second tier. For current rates,
click the Rates tab.
Tier I Rate.....$0.01 - $10,000.00
Tier II Rate....$10,000.01 and up
Lending Advantages
- Reduced origination fees for commercial loans
- Loan rate discounts for automatic payments
- "Friendship Ready Credit" line of credit
(subject to credit qualification)
- Company credit card
(subject to credit qualification)
Extras
- Statement on Compact Disk just $5/month
- Duplicate check printing: $2 each check
- Financial advisor services
Employee Extras
With their own Friendship Advantage checking account,
your employees are entitled to:
- One-time 1/4% rate reduction on a personal loan
- One-time 1/4% rate increase on certificate of deposit
- Earn interest on checking deposits
- Paycheck direct deposit
- FREE Internet Banking & FREE Online Bill-Pay
Community Checking
Available for qualifying fraternal, religious and non-profit
organizations.
- Pays interest (see "Rates" link)
- No minimum deposit to open account
- No minimum daily balance
- Fifty (50) debits per month are FREE.
There will be a $2.00 monthly service fee for more than 50
debits.
Health Savings Account
The
Friendship State Bank offers a no-nonsense Health Savings Account (HSA)
designed to save you money, earn you interest and make it easy for
you to withdraw funds from your account to pay for your "high
deductible health care plan" expenses. Before you take the HSA plan
handed to you by your health insurance provider, consider the terms
of our account.
- FREE Set-Up
- FREE
Transactions
- Earns Interest
- $3.75 Monthly Maintenance Fee
- MasterCard Debit Card - for easy payments at your provider
- FDIC Insured - $250,000
- Minimum to Open: $250
Please visit any branch or call for full details.
Other
Business Services
Complimentary Services
The Friendship State Bank offers these
complimentary services for your convenience:
- Tele-teller at 877-612-BANK
- Telephone Transfers
- Bank-by-Mail
- Night Depository
- Drive-Up service (except at Friendship)
Credit Services
The Friendship State Bank offers all types
of commercial loans, including, but not limited to:
- Commercial lines of credit
- Construction loans
- Loans to purchase equipment
- Short-term cash flow needs
Our experienced lending staff will give you the best options and
terms to meet the credit needs of your business.
Merchant Check Capture
We offer the convenience of scanning your checks on-site, saving
regular trips to the bank. Your checks will clear faster too, giving
you quicker access to your funds.
Credit Card Merchant
As a merchant who accepts payment by Discover, MasterCard and Visa,
you not only increase the purchasing power of your customers, but
you also eliminate the risk of accepting a bad check.
In addition, through electronic data capture, your deposits are
credited within 48 hours. For more information, please see any of
our employees.
Commercial Internet Banking
Instant account access 24-hours a day, along with automatic payroll,
automatic tax payments, and Bill-Pay options, makes our Internet
banking services a convenient way to manage your business finances.
The Friendship State Bank is not participating in the Temporary
Liquidity Guarantee Program, and has not received any funding or
financial aid from the government whatsoever. And, is proud of it!
