What types of checking accounts does First Hope offer for businesses? We offer checking accounts with low to no minimum balance requirement and free cash management.
Are there minimum balance requirements? Some accounts do have a monthly maintenance fee, however, the fee can be waived so long as the corresponding minimum balance requirement is satisfied.
What fees are associated with business checking accounts? At the time of account opening, we will discuss the services you will need and review any applicable fees at that time. The monthly maintenance fee can be waived so long as the balance requirement is satisfied.
Does First Hope offer online and mobile banking for business accounts? Yes, online and mobile banking is available for our Business customers at no cost.
How do I open a checking account for my business? Please visit or call your local branch to open an account. You can also schedule an appointment.
Can I add authorized signers to my business account? Yes, you may add authorized signers to your account. Please visit or call your local branch to learn more.
Are there transaction limits or fees for business accounts? There are various types of transactions that occur in a business account. Limits depend on the specific type of activity. Please visit or call your local branch to review your business activity.
Do checking accounts for businesses earn interest? Yes, we have interest bearing business checking account options.
What documents are needed to open a business account? We typically need a business certificate at state or county level depending on the structure of the business. In addition, we will need proof of tax id number and applicable agreements. You can contact your local branch to learn more.
Can I link my business checking to a business savings account? Yes, you can link your savings and checking account.
