BUSINESS DEPOSIT PRODUCTS

First National Bank Minnesota understands how valuable your business is to the local community. We offer highly experienced bankers who can provide customized service for your business, no matter how large or small. Our safe, simple and straightforward business products are designed to meet your growing business needs.

Business Checking Options

First National Bank Minnesota offers a variety of account types to fit your business’ financial needs. Whether you’re a small business with minimal transactions, a mid-sized business or large business with high deposit volume, we have the products and services to put your needs FIRST! Plus, Business Online Banking services are free with every account!

Product	BUSINESS FIRST CHECKING	BUSINESS ESSENTIAL CHECKING	BUSINESS ADVANTAGE CHECKING
Description	For low-volume businesses	For mid-volume businesses	For high-volume businesses
Minimum Opening Deposit	$100	$1,000	$100
Minimum Daily Balance to Avoid Fees	$0	$1,000	$0
Earns Interest	None	None	Earnings credit to offset monthly service charges
Monthly Service Fee/ Maintenance Fee	$0	$10 monthly maintenance fee if balance falls below minimum balance requirement any day during the statement cycle	$10 monthly maintenance fee
Transaction Limits/ Activity Fees	No fee for the first 100 combined items per month $.25 for each additional item Returned deposited checks $10.00	No fee for the first 250 combined items per month $.25 for each additional item Returned deposited checks $10.00	$.15 per check/debit item $.10 ACH debit item $.05 deposit items on-us $.10 deposit items not-on-us $.10 Coin (per roll) $.50 Currency (per strap) Returned deposited checks $10.00 Uncollected funds usage: Prime + 4%
Statements	Free e-Statement or $3.00 Paper Statement Fee	Free e-Statement or Paper Statement	Free e-Statement or Paper Statement
Features & Options	Images provided Free Online Business Banking	Images provided Free Online Business Banking	Images provided Free Online Business Banking

Business First Checking
For low-volume businesses, the Business First Checking account is ideal! This account features no monthly fees and no minimum balance, but still allows you 100 FREE monthly transaction items. Minimum Opening Deposit: $100 Minimum Daily Balance: $0 Monthly Service Fee / Maintenance Fee: $0 Earns Interest: None Transaction Limits / Activity Fees: No fee for the first 100 combined items per month $.25 for each additional item Returned deposited checks $10.00 Free e-Statement or $3.00 Paper Statement Fee Features & Options: Images provided Free Online Business Banking

Business Essential Checking
To help mid-volume business owners, we developed the Business Essential Checking account. It comes with 250 combined free items per month and low transaction fees if you exceed that number. Minimum Opening Deposit: $1,000 Minimum Daily Balance: $1,000 Monthly Service Fee / Maintenance Fee: $10 monthly maintenance fee if balance falls below minimum balance requirement any day during the statement cycle Earns Interest: None Transaction Limits / Activity Fees: No fee for the first 250 combined items per month $.25 for each additional item Returned deposited checks $10.00 Free e-Statement or Paper Statement Features & Options: Images provided Free Online Business Banking

Business Advantage Checking
The Business Advantage Checking account is perfect for businesses with high transaction volume. With low transaction fees and an earnings credit that can defray or offset your monthly total charges, we designed it for the way business gets done. Minimum Opening Deposit: $100 Minimum Daily Balance: $0 Maintenance Service Fee / Maintenance Fee: $10 monthly maintenance fee Earns Interest: Earning Credit to offset monthly service charges Transaction Limits / Activity Fees: $.15 per check/debit item $.10 ACH debit item $.05 deposit items on-us $.10 deposit items not-on-us $.10 Coin (per roll) Free e-Statement or Paper Statement Features & Options: Images provide Free Online Business Banking

Savings

Business Savings

The Business Savings account gives you the ability to keep an eye on the bottom line and earn a competitive rate while you save.

No service charge with $300 minimum balance; $5 monthly maintenance fee if account balance falls below minimum any day of the month
Tiered interest rates based on the collected balance
Interest is calculated daily, paid quarterly; quarterly statement

Non-Personal Preferred Savings

Designed for businesses with their eye on growth, our exclusive Preferred Savings Account can help you earn higher interest rates on your money! With a minimum deposit of $50,000, you can earn compounded interest on a quarterly basis and watch your savings grow.

$50,000 minimum opening deposit and balance requirement, $25 monthly maintenance fee if account balance falls below minimum any day of the month
Tiered interest rates based on the collected balance
Interest is calculated daily, paid quarterly; quarterly statement
You may not make more than six (6) withdrawals or transfers per month from this account to another account of yours or to a third party account. A $10.00 transaction fee will be imposed for each withdrawal or transfer made after the sixth transaction.

Non-Personal Money Market

We offer a Non-Personal Money Market account that pays competitive rates and offers several convenient ways to access funds.

$1,000 minimum balance, $10 monthly maintenance fee if account balance falls below minimum any day of the month
Tiered interest rates based on the collected balance
Images provided

CDs

Certificates of Deposit (CDs)

First National Bank Minnesota offers a variety of CD rates and terms ranging from 6 months to 60 months. Check with the universal banking team to see which one would work for you.