GoMobile0896
First Minnetonka City Bank Business Checking Accounts
Our checking accounts are geared to provide value whatever the size or scope of your banking activity, from start-up or side businesses with few transactions to larger corporations with significant volume and balances.
Call your business bankers or come in today for more information or to open an account.
This account is best suited to smaller businesses and those having limited deposit transactions and few check writing needs. Transaction fees are waived for 50 items per month; and the $5.00 monthly statement cycle account maintenance fee can be eliminated by maintaining a $1,000 balance.
- Monthly Statement Cycle Account Maintenance Fee: $5.00
- Debits, credits, paid and deposited items: $0.35 per item over 50 combined items
- Cash Deposits: $1.00 per $1,000
- eStatements
- eAlerts
- Monthly fee for Check Images: $2.00
- Online Banking
- Mobile Banking
- VISA® Debit Card with CardValet
- Free Investment Planning Appointment
This account is for growing businesses that maintain lower account balances and have a moderate number of banking transactions each month. It has a lower monthly account maintenance charge than the Commercial account, but slightly higher per transaction charges for checks written and deposits made.
- Monthly Statement Cycle Account Maintenance Fee: $10.00
- Debits, credits, paid and deposited items: $.20 over 100 combined items
- Deposit Assessment
- eStatements
- eAlerts
- Online Banking
- Mobile Banking
- VISA® Debit Card with CardValet
- Free Investment Planning Appointment
This account is designed for businesses with multiple checking accounts, high transaction volume and/or larger balances. Smaller fees are assigned to checks written and deposits made each month, and businesses are rewarded with earnings credits based on their investable balance. These credits reduce and may even eliminate the account’s monthly service charges.
- Monthly Statement Cycle Account Maintenance Fee: $15.00
- Debits: $0.14 per item
- Credits: $0.50 per item
- Checks Deposited:
On Us — $0.08
Local — $0.08
Transit — $0.12 - Cash Deposited: $1.00 per $1,000
- Uncollected Funds: Prime + 4.0%
- Deposit Assessment
- eStatements
- eAlerts
- Online Banking
- Mobile Banking
- VISA® Debit Card with CardValet
- Free Investment Planning Appointment
First Minnetonka City Bank is committed to serving the needs of our community. Therefore, we offer area schools and other local non-profit organizations a checking account free of any monthly account maintenance charges.
- eStatements
- eAlerts
- Online Banking
- Mobile Banking
- VISA® Debit Card with CardValet
- Free Investment Planning Appointment
Let your money work for you with a First Minnetonka City Bank Savings Account
When placed in a First Minnetonka saving account, your money will work for you. We offer you the following savings accounts to make savings simple and convenient.
| Money Market Savings Account | Thrift Savings Account | |
| Minimum Balance to Avoid Monthly Maintenance Fee | $1,000 to avoid $10 fee |
$50 to avoid $2 fee |
| Interest Tiers | ||
| Frequency for Compounding Interest | Monthly | Quarterly |
| Limit 6 transfers per month | ||
| VISA® Debit Card with CardValet |
||
| Online Banking | ||
| Mobile Banking Mobile Deposit |
||
| eAlerts | ||
| eStatements | ||
| Free Investment Planning Appointment |
A $50 minimum deposit is required to open Money Market or Thrift Savings Accounts. Check out our great rates for current rates and additional terms and conditions. Interest rates are subject to change. See Truth in Savings Disclosure for details.
Certificates of Deposit (CDs)
Save money the safe way or earn extra on the money you’re saving for a purchase by investing in a CD. First Minnetonka’s CDs earn fixed interest rates. Most CDs require a $1,000 minimum investment.
Check our great rates for current rates and additional terms and conditions. Interest rates are subject to change.