Convenience and fair service charges sum up our Commercial
Checking accounts. Service charges are based on volume of
checks written, volume of checks deposited, use of night
deposit services, and coin and currency requirements. An
earnings credit, which can change daily at management’s
discretion, is applied toward the monthly service charges.
Maintenance Fee:
Per Debit Fee:
Per Deposited Item:
Earnings Credit:
$5 per month
15¢ per item
5¢ per item
25¢ per each $100 of average available balance
Commercial Savings
Money Market accounts, First Rate Money Market
accounts, and Everyday Savings accounts are available to
businesses and pay a competitive rate of interest. These
accounts allow your business quicker access to funds than a
Certificate of Deposit or other investment account. Federal
regulations limit transaction activity on these accounts to
6 withdrawals per statement period (3 of which may be
checks).
Business Loans
First Community Bank is committed to the business community.
We understand it takes capital to build a business whether
it’s retail, manufacturing or a farming business. We offer a
variety of loans to assist you in increasing your inventory,
purchasing equipment and expanding your company. We also
make loans for construction of new commercial real estate
such as apartments, business buildings, remodeling loans and
loans to purchase farm or ranch land.
Certificate of Deposit (CD)
First Community Bank’s Certificates of Deposit pay
attractive interest rates and are available at various
terms. Your First Community Bank CD can even be used as
collateral for a business loan.
Opening deposit minimum is $500
Interest rates set at the beginning of the term and will not
change for the term of the account
Interest begins to accrue on the first business day of
deposit
Interest can be credited back into the CD, sent to you by
check, or deposited into another First Community Bank
account
Automatic renewal on the maturity date for an identical
period of time is available, at the current interest rate
for that term
A 10 day grace period, after the maturity date, allows the
customer the convenience to withdraw the funds or change the
term without penalty
Early withdrawal penalties:
Less than 12 month CD - 3 months of interest
12 months or more CD - 6 months of interest
Please call us for current rates at (620)343-1010, (620)343-9500, or (620)437-2031
Merchant Services
Eliminate carrying accounts receivable by using our
Visa/MasterCard Merchant Service. You have the option of
using touchtone capture or electronic credit authorizations
and transactions. Call now and one of our friendly employees
will get you set up.
Safe Deposit Boxes
First Community Bank has a variety of safe deposit boxes available for rent at our Main office or our
Madison office. A refundable key deposit of $8 is required.
Several sizes are available
Annual fees for rental vary by box size
