Business Savings Accounts

Small businesses are the backbone of every community.

First Federal Bank is here to support our local businesses with a complete range of commercial banking products. Whether you’re just getting started or expanding to serve more customers in our Tennessee communities, we’ll make sure you’ve got the banking support required for success. Our business is ready to support yours.

Business Savings

First Federal Bank is committed to helping you safeguard your funds, while still ensuring they’re accessible.

Business Money Market (Cash Investment)

Our cash investment accounts are tiered to meet the needs of businesses of all sizes.

It’s why we offer flexible savings account options for businesses big and small. We’ll help you grow your enterprise little by little, whether you’re saving a nest egg or planning for future expansion. Rest assured, your savings are in good hands.

No fee for minimum daily balance of $200 (per calendar quarter)
$15 quarterly fee for daily balances below $200
Maximum nine (9) withdrawals per calendar quarter
$5 charge per withdrawal in excess of nine (9) per quarter

Our cash investment accounts are tiered to meet the needs of businesses of all sizes. There’s no fee on any business cash investment account with a minimum daily balance of $2,500 ($12 fees for lower balances).

Business owners get the benefit of six (6) free withdrawals per month, such as ACH transfers, check writing, online transactions and debit transactions. Accounts bear interest based on tiered account balances.