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  Community First Bank Business Checking Account
Community First Bank Business Checking Account Unaffiliated

Community First Bank Business Checking Account

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Highlights
Monthly Fee Starting at $10
ATM Fee: Out-of-Network N/A
Minimum Balance to Avoid Monthly Fee Starting at $2
APY (Annual Percentage Yield) N/A

Community First Bank Business Checking Account Review

Community First Bank Business Checking Account is offered by Community First Bank, a bank founded in 0 and based in New Iberia, LA. Community First Bank Business Checking Account are available in 1 state across the USA.

Key Takeaways

  • $100 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
  • Bill pay. Pay your bills to practically anyone in the United States through Community First Bank.

Community First Bank Business Checking Account Pros & Cons

Pros Cons
  • Access to physical branches.
  • Free debit card
  • No signup bonus.
  • Does not earn interest.
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • Only available in one state.
  • Higher than average wire transfer fees.

Community First Bank Business Checking Account FAQ

Are business checking accounts from Community First Bank federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #35020). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Community First Bank Business Checking Account offer?

Community First Bank does not provide interest rate information until you apply for a new account.

What are the account minimums for Community First Bank Business Checking Account?

Community First Bank Business Checking Account requires a minimum initial deposit of $100 to open an account.

Community First Bank Business Checking Account Account Minimums
Description Amount
Minimum Initial Deposit $100
Minimum Combined Balance to Avoid Monthly Fee $5
Minimum Balance to Avoid Monthly Fee $2

What fees does Community First Bank Business Checking Account charge?

Community First Bank Business Checking Account Fees
Description
Debit Card Replacement Fee $0
Monthly Fee Starting at $10
Online Bill Pay Fee $0
Overdraft Item Fee $25
Wire Transfer Fee - Domestic (Incoming) $10
Wire Transfer Fee - Domestic (Outgoing) $20
Wire Transfer Fee - International (Incoming) $10
Wire Transfer Fee - International (Outgoing) $50

What features and perks does Community First Bank Business Checking Account offer?

This account includes the following features:

  • Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
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Message From Community First Bank Business Checking Account

A simple business checking account that allows you to have a low volume of transactions each month.

Availability

  Available in 1 state
Louisiana
Availabile in all of Louisiana

Feature Breakdown

Minimum Balance to Avoid Monthly Fee Starting at $2
Minimum Combined Balance to Avoid Monthly Fee $5
Minimum Opening Deposit Starting at $100
Debit Card Replacement Fee $0
Monthly Fee Starting at $10
Online Bill Pay Fee $0
Overdraft Item Fee $25
Wire Transfer Fee - Domestic (Incoming) $10
Wire Transfer Fee - Domestic (Outgoing) $20
Wire Transfer Fee - International (Incoming) $10
Wire Transfer Fee - International (Outgoing) $50
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
Account Features
  • Free Bill Pay
  • Interest Bearing Account
  • Debit Card
  • Branch Access
  • Member FDIC

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