Checking & Savings

Business Checking Accounts

Far East National Bank offers accounts geared to the needs of all businesses. We are committed to building long-term banking relationships by meeting your company's financial needs with quality products and exceptional personal service.

Checking Account Rates

Checking Account Comparison

Account Type	Basic Business Checking1	Business Checking	Business NOW Checking3
Bank the way you want to...	A checking account with no minimum balance. For businesses with low activity.	A checking account that offers the flexibility of doing business via a branch, ATM, or online.	An interest-bearing checking account with a low minimum opening deposit.
Minimum opening deposit	$100	$500	$2,000
Interest calculation	• Non-interest bearing	• Non-interest bearing	• Variable rates4 • Compounded daily • Interest credited monthly
Minimum daily balance to avoid monthly service & per item charges	None	$2,500	$2,500
Monthly service charge	$0	$10	$10
Per item fee	$0.25 per transaction over 80 debits or 100 credits	$0.20 per debit	$0.20 per debit
Statement	Monthly	Monthly	Monthly
Outstanding features	• No minimum balance requirement • No monthly maintenance fee • Low opening deposit • Free eBanking access & free billpay2	• Low minimum balance requirement • Low opening deposit requirement • Unlimited check writing • Free eBanking access	• Unlimited check writing • Free eBanking access
1. A business savings or business money market is required to open the Basic Business Checking account. The FENB Premium Business Savings account does not meet this requirement.
2. Limited to eBanking access only. First 20 bill payments per statement cycle are free. A fee of $0.40 applies to each additonal payment. Standard and Premium Internet Banking services require additional fees.
3. Only available for sole-proprietorships and non-profit organizations.
4. Interest rates may change from time to time without prior notice.

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