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A new FirstPalmetto.com will be launched in the coming weeks. Access to online banking will remain the same.

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Business Checking Simplicity

First Palmetto Bank proudly provides business checking plans that meet the many needs of a business owner working diligently to ensure customer satisfaction. We know that you are busy being innovative, applying old-fashioned ingenuity, or simply working hard. Take the stress of transactions down a notch with one of our convenient business checking accounts. Have questions about our business checking products? Simply give us a call to find answers or visit a local branch.

Contact Us Locations

Beneficial Ownership

To help the government fight financial crime, financial institutions are required to obtain, verify, and record information about the Beneficial Owners of legal entity customers for any new deposit, loan, or safe deposit box opened. This requirement includes both existing customers and new customers. Please download and complete this handout prior to opening a new account with First Palmetto Bank. If you have any questions, please contact your local branch for more information.

Business Checking Plans

Our Business Checking plans offer the freedom to grow your business with a reliable and trustworthy place to place your funds.

PLANMINIMUM OPENING BALANCEINTEREST BEARINGMONTHLY MAINTENANCE FEEQUALIFIERS TO EARN INTEREST AND/OR AVOID MONTHLY FEEINCLUDES
PALMETTO BUSINESS CHECKING - Businesses with low to moderate activity $50.00 No
  • $12.00
  • .30 per item in excess of 400 combined items (credit, debit, transit)
  • $500.00 minimum daily balance
  • No more than 400 combined items per monthly statement
  • Paper Statements or e-Statements available w/ images
PALMETTO ANALYSIS CHECKING - Businesses with high activity $50.00 NO
**Earnings Credit can be used to offset maintenance fees
  • $12.00 plus .19 per debit and .40 per deposit. On-us items .08 and transit items .10
 None
  • Paper Statements or e-Statements available w/ images
PALMETTO BUSINESS INTEREST CHECKING - Offers high value and competitive market rates $50.00 Yes
*Tiered Rate		 $15.00
  • $2,500.00 minimum daily balance to earn Annual Percentage Yield (APY)
  • $2,500.00 minimum daily balance to avoid maintenance fee
  • Paper Statements or e-Statements available w/ images
PALMETTO COMMUNITY CHECKING - Designed for non-profit entities $50.00 Yes $0
  • $2,500.00 minimum daily balance to earn APY
  • Paper Statements or e-Statements available w/ images
PALMETTO IOLTA - Lawyers Trust Accounts $0 Yes $0 None
  • Paper Statements or e-Statements available w/ images
  • e-Statements available on all plans
    (When registered for Online Banking)
  • All Safe Deposit Boxes are subject to availability
  • All customers may apply for ATM and Debit Cards
  • First Palmetto charges $1.00 for Non-First Palmetto ATM Terminal use
  • Other activity fees may apply (see fee schedule)
*TIER SCHEDULE:
$2,500-$9,999
$10,000-$49,999
$50,000 and Above
**Earnings Credit: The previous month’s average of the 91 day T-Bill rate applies to the average available balance.
The average available balance is the average collected balance less the Federal Reserve requirement.