Explore First Utah Bank's Commercial Checking Account
Commercial checking is an analyzed account designed for businesses with high transaction activity or treasury management needs. You’ll enjoy a competitive earnings credit allowance based on account balances that can help reduce or eliminate monthly service charges.
Recommended if… |
You have a larger business with higher balances and greater account activity |
Minimum Opening Deposit |
$100 |
Is there a Monthly Service Fee? |
$10 per month, plus activity fees which can be offset by earnings credit from deposit balances |
Does the account pay interest? |
No |
Is the account eligible for VISA® debit cards? |
Yes |
Paper statements, eStatement and eNotice at no charge? |
Yes |
Check images included at no charge on each statement? |
Yes |
May I write checks? |
Yes |
Transaction Limitations? |
No |
Am I charged a fee for change orders? |
No |
Are there ATM fees assessed? |
Not if you use First Utah Bank or MoneyPass ATMs |
Free Digital Access to Mobile Banking, Internet Banking, Mobile Deposit, TransferNow (A-2-A), Alerts, Bill Payment |
Yes |
Cash Management Services such as the Treasury Management Portal, Treasury Management Mobile, ACH Origination Services, Wires, Positive Pay, Remote Deposit accessible? |
Yes (and associated fees may be offset by earnings credit from deposit balances) |
Minimum balance to open the account: A minimum of $100.00 is required.
Account Fees: $10.00 monthly maintenance fee. The following fees are assessed based on account activity:
$0.30 per Deposit
$0.08 per Item Deposited
$0.10 per Electronic Credit
$0.15 per Check Written and Cleared
$0.10 per Electronic Debit
The charge for advances against uncollected funds is 14.50%. Overdrawn balances accrue daily (calendar day) interest at 21.00% Annual Percentage Rate. Earnings credits to offset accrued service charges will be computed using a tiered structure as determined by the bank, which may change weekly. The earnings credit is computed on the average monthly collected balance less reserves. The average balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
|
Recommended if… |
|
You have a larger business with higher balances and greater account activity |
|
Minimum Opening Deposit |
|
$100 |
|
Is there a Monthly Service Fee? |
|
$10 per month, plus activity fees which can be offset by earnings credit from deposit balances |
|
Does the account pay interest? |
|
No |
|
Is the account eligible for VISA® debit cards? |
|
Yes |
|
Paper statements, eStatement and eNotice at no charge? |
|
Yes |
|
Check images included at no charge on each statement? |
|
Yes |
|
May I write checks? |
|
Yes |
|
Transaction Limitations? |
|
No |
|
Am I charged a fee for change orders? |
|
No |
|
Are there ATM fees assessed? |
|
Not if you use First Utah Bank or MoneyPass ATMs |
|
Free Digital Access to Mobile Banking, Internet Banking, Mobile Deposit, TransferNow (A-2-A), Alerts, Bill Payment |
|
Yes |
|
Cash Management Services such as the Treasury Management Portal, Treasury Management Mobile, ACH Origination Services, Wires, Positive Pay, Remote Deposit accessible? |
|
Yes (and associated fees may be offset by earnings credit from deposit balances) |
Minimum balance to open the account: A minimum of $100.00 is required.
Account Fees: $10.00 monthly maintenance fee. The following fees are assessed based on account activity:
$0.30 per Deposit
$0.08 per Item Deposited
$0.10 per Electronic Credit
$0.15 per Check Written and Cleared
$0.10 per Electronic Debit
The charge for advances against uncollected funds is 14.50%. Overdrawn balances accrue daily (calendar day) interest at 21.00% Annual Percentage Rate. Earnings credits to offset accrued service charges will be computed using a tiered structure as determined by the bank, which may change weekly. The earnings credit is computed on the average monthly collected balance less reserves. The average balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.
What our customers say
“When my mother passed away and there were problems with her account they brought me in and helped me get it all sorted!”
“No Complaints, Best Bank ever, Thank you so much ❤️.”
