Business Services


Developing commercial relationships is the foundation of First State Bank. We pride ourselves on developing progressive lending and cash management solutions for today’s dynamic businesses. Using a consultative approach, we will use our diverse experiences to customize banking products for you whether you are a small start-up business or a sophisticated corporation. Our commitment to you is that you will receive quick response time due to our ability to make decisions locally. First State Bank offers a wide variety of money management products and lending solutions to meet your financial goals.

Business Debit Cards:

When you have a First State Bank Business Debit Card, paying for purchases has never been easier. All you have to do is swipe your card, sign or enter your PIN, and the purchases are deducted directly from your Business Checking account.

Corporate Credit Cards:

Visa Business credit cards offer the flexibility to separate business from personal expenses, access to free spending reports, and the purchasing power you need to manage your business. All with the security that comes with every Visa Business credit card.

Working Capital Credit Lines:

A flexible purchasing tool. Revolving working capital credit lines are often used for short-term needs such as inventory and accounts receivable management, seasonal purchases, and miscellaneous expenses.

Term Loans:

This may be the best way for you to achieve your long-term growth potential. Typically, businesses use term loans to purchase office and manufacturing equipment, computer systems, and vehicles.

Commercial Real Estate Loans:

If you are outgrowing your current space, ask about a commercial mortgage real estate loan. We specialize in commercial mortgage loans to enable businesses to renovate current facilities or purchase additional property. Commercial construction loans are also available.

SBA Loans:

Working in conjunction with the SBA, First State Bank can make loans for a wide variety of uses. Common SBA loans include 7(A) Loans that are used to finance equipment, real estate, and inventory and 504 Real Estate Loans that can help you acquire capital assets like land, equipment, and buildings.

Agricultural Loans:

Farmers have special needs and we have the flexibility to customize a financing program for your individual situations.

Letters of Credit:

First State Bank’s Specialists can help you structure letter of credit terms that meet your specific needs.

Health Savings Accounts (HSA):

You know what they say about “an apple a day.” But just in case, First State Bank offers Health Savings Accounts. HSA’s provide an opportunity to make paying for qualified medical expenses simple and easy.

Retirement Savings Plans:

Save for your future and the future of your family with Traditional and Roth IRA’s.

Night Depository:

For making deposits after regular banking hours, First State Bank’s night depositories are safe, well-lit, and convenient.

Safe Deposit Boxes:

First State Bank offers you secure protection for your valuables and important documents.

eStatements:

Tired of waiting for your statements to arrive in the mail? We provide electronic versions of paper statements – delivered instantly to your computer screen via secure web-based delivery. eStatements can be printed and saved in various file formats for fast, efficient electronic archiving.

Wire Transfer Service:

Our dedicated wire services department is available to provide timely and accurate delivery of your wire transfers, both domestic and international.

∗May be subject to enrollment and/or approval

Health Savings Accounts


You know what they say about an apple a day… Just in case First State Bank offers HSAs.

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  • Opening minimum deposit of $50.00
  • No administrative set-up fee
  • No minimum balance
  • No monthly service charge
  • Free Debit Card*
  • Free online banking
  • Free introductory check order
  • Direct deposit option
  • Tiered interest rates**
  • Closing fee of $35.00

*Subject to approval

**Variable Interest bearing account. Interest is compounded and credited monthly. Interest rates and annual percentage yield may change after account is opened. Fees may reduce earnings.

Related resources

Credit Card

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Business Money Market Savings

Description:

  • Easy access to your business savings account

Requirements:

  • $2500 minimum balance required

Benefits:

  • 6 withdrawals per month
  • Variable interest rate account
  • Online banking

Cost:

  • Each check deposited $.10
  • Each returned item charged back to your account $3
  • If below minimum balance $5 monthly fee
  • In excess of 6 withdrawals - $1 per withdrawal

Interest Bearing Business Checking

Description:

  • Interest checking for businesses**

Requirements:

  • $800 minimum balance required

Benefits:

Overdraft Protection *Online Bill Pay * Online banking

Cost:

  • Each check deposited $..10
  • Each check/debit $.15
  • Each returned item charged back to your account $3
  • Monthly maintenance fee $3
  • If below minimum balance $5 monthly fee
  • $5 per month image statement

*Subject to approval

**Interest bearing account available for sole proprietors and non-profits

Regular Business Checking

Description:

  • For small to large businesses that want an earnings credit to offset higher transaction volumes

Benefits:

  • Online banking
  • Overdraft protection*
  • Online Bill Pay

Cost:

  • Each check deposited $.10
  • Each check/debit $.15
  • Each returned item charged back to your account $3
  • Monthly maintenance fee $3**
  • $5 per month image statement**

*Subject to approval

**Item charges and monthly fees may be offset with an earnings credit that is earned on the average available account balance

Basic Business Checking

Description:

  • For businesses that normally have 1,000 items or fewer monthly transaction items

Benefits:

  • No minimum balance required
  • No monthly maintenance fee Up to 1,000 free items* per month
  • Online banking
  • Overdraft protection*
  • Online Bill Pay

Cost:

  • $.25 per item** over 1,000 monthly
  • $3 per returned item charged back to your account *$5 per month image statement

∗ Subject to approval ∗ *Includes checks written, items deposited & electronic items

Accounts:

Disclosures