Small Business Checking
A business checking account designed to be FREE of monthly service fees as long as a low $1000 minimum balance is maintained and no more than 200 items are processed each month.
Commercial Checking
Intended for use by larger type businesses that maintain higher balances, and normally require more than 200 items to be processed each month. Account receives earnings credits based on available balances for use in offsetting any monthly service fees accumulated during the month.
Credit Card Merchant Accounts
For those businesses that require the ability to accept credit card payments in exchange for their product or services. The First National Bank of Absecon offers credit card acceptance, wireless terminals, electronic check acceptance (ECA), E-Merchant view, gift card programs and seasonal programs, all at very competitive rates.
Business Money Market Account
An account to “park” funds not currently required within the business’s cash cycle. Premium rates of interest are paid on balances in this account. Account is subject to access limitations imposed by federal regulation.
IOLTA
The "Interest on Lawyers Trust Account" is a mandatory program designed for attorneys who handle their client’s funds.
