What We Do For Business

Checking Accounts

Business Checking Account Comparison

Checking Account FeaturesPremier Business CheckingBusiness Interest CheckingSmall Business CheckingCommercial CheckingNon-Profit Checking
Free Internet Banking
Free Online Bill Pay
Free Imaged Statements
No Maintenance Fees
No Minimum Daily Balance
No Per Item Fees
Unlimited Check Writing
Free Citrus Gold Personal
Checking Account
Fees & Requirements
Minimum to Open$250$100$100$250$500
Maintenance Fee Per Statement Cycle$15$14$14$14$0
Minimum Daily Balance$2,500$2,000$1,000$0
Average Statement Cycle Balance$5,000$2,500
Per Item Paid$0$0$.15$0
Per Item Deposited$0$0$.15$0
Additional Items$.35$0$.25$0$0
Premier Business Checking

If you have a need for higher transaction volume, but can predict your average number of transactions, our Premier Business Checking account might be the best fit for your business checking needs.

  • Minimum to open $250
  • With a minimum daily balance of $2,500 or an average statement cycle balance of $5,000 or more - No maintenance fee
  • $15.00 maintenance fee per statement cycle, if applicable
  • 250 combined items paid or deposited per statement cycle at no charge
  • Additional items $.35
  • Imaged statements
  • Complimentary Citrus Gold Personal Checking accounts for principal owners of the business
  • Complimentary Internet Banking and Online Bill Pay
Business Interest Checking

The First Citrus Bank Business Interest Checking account is available to Sole Proprietorships, Non-Profit Organizations and Governmental units whom would like to earn interest on their business checking account.

  • Minimum to open $100
  • With a minimum daily balance of $2,000 - No maintenance fee
  • $14.00 maintenance fee per statement cycle, if applicable
  • Unlimited items paid or deposited per statement cycle with no per item charges
  • Imaged statements
  • Complimentary Internet Banking and Online Bill Pay

Rate Information: Interest begins to accrue no later than the business day we receive the credit for the deposit of non-cash items. Interest will be compounded daily, and credited to the account each statement cycle. The interest rate is subject to change.

Balance Information: Daily balance method will be used to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. The client must maintain a minimum daily balance of $2,000 to obtain the disclosed annual percentage yield. No interest will be earned during the statement cycle on days in which the balance falls below $2,000. Additional charges may reduce APY earnings.

Interest On Trust Account (IOTA)

Designed exclusively for lawyers and law firms, the First Citrus Bank IOTA Checking account is maintained in compliance with the IOTA program of the Florida Bar Association, and interest is paid directly to the Florida Bar Association.

Commercial Checking

If your organization routinely receives and writes a large number of checks, then the First Citrus Bank Commercial Checking account could be the perfect fit for your business. This account gives the business the ability to offset service charges with an earnings credit on deposited funds, significantly reducing the amount of fees incurred.

  • Minimum to open $250
  • $14.00 maintenance fee per statement cycle
  • $.15 per item paid
  • $.15 per item deposited
  • Imaged statements
  • Complimentary Internet Banking and Online Bill Pay

Earnings Credit: An earnings credit will be calculated based upon the average collected balance less the applicable reserve requirement.

Small Business Checking

The First Citrus Bank Small Business Checking account is the perfect checking account for businesses with low transaction volume.

  • Minimum to open $100
  • With a minimum daily balance of $1,000 or an average statement cycle balance of $2,500 - No maintenance fee
  • $14.00 maintenance fee per statement cycle, if applicable
  • 100 combined items paid or deposited per statement cycle at no charge
  • Additional items $.25
  • Imaged statements
  • Complimentary Internet Banking and
  • Online Bill Pay
Non-Profit Checking

If your organization is a qualifying non-profit entity, this account might be the perfect fit for you. Enjoy the freedom of unlimited check writing without maintenance fees. Our goal is to help your non-profit organization grow and prosper.

  • Minimum to open $500
  • Unlimited check writing
  • No per item charges
  • Imaged statements
  • Complimentary Internet Banking and
  • Online Bill Pay Checking

If you have questions regarding one of these services or would like to obtain more details, please contact us at 813-926-2848 to speak with a Branch Manager today.