Business Savings Accounts | First American Bank and Trust

For personal service - 1-800-738-2265
24 hr voice response - 1-800-520-2265
For personal service - 1-800-738-2265
1/18/2025 to 1/20/2025We will be closed on Monday, January 20, 2025 in observance of Martin Luther King Day.

2/13/2025 to 2/18/2025We will be closed on Monday, February 17, 2025 in observance of President's Day

2/27/2025 to 3/5/2025We will be closed on Tuesday, March 4, 2025 in observance of Mardi Gras

5/22/2025 to 5/27/2025We will be closed on Monday, May 26, 2025 in observance of Memorial Day.

6/14/2025 to 6/20/2025We will be closed on Thursday, June 19, 2025 in observance of Juneteenth.

6/30/2025 to 7/5/2025Happy 4th of July! All offices will be closed on Friday, July 4, 2025.

8/29/2025 to 9/2/2025We will be closed on Monday, September 1, 2025 in observance of Labor Day.

10/8/2025 to 10/14/2025We will be closed on Monday, October 13, 2025 in observance of Columbus Day.

11/6/2025 to 11/12/2025We will be closed on Tuesday, November 11, 2025 in observance of Veteran's Day.

11/22/2025 to 11/28/2025We will be closed on Thursday, November 27, 2025 and open 8-Noon on Friday to celebrate Thanksgiving.

12/20/2025 to 12/26/2025We will close at Noon on Wed, Dec 24 2025 and be closed on Thur, Dec 25 2025. Merry Christmas!

12/28/2025 to 01/02/2026We will close at Noon on Tue, Dec 31 2025 and be closed on Wed, January 1 2026. Happy New Year!

9/10/2024 to 9/12/2024All offices will be closed Wednesday, Sept 11, due to Hurricane Francine.

9/11/2024 to 9/13/2024We will delay the opening of all branches until 12 p.m. on Thursday, September 12th.

1/20/2025 to 1/24/2025Due to the winter storm impact on Thursday, January 23nd, all locations will be Drive Up Only.

First American Bank, a banking tradition since 1910

Business Savings

Allow First American Bank and Trust to help you save for your future. We have a few options to help you.

Business Savings Account

A simple savings account for your new or small business to get you on the road to growing your business.

Account features:
No monthly service charge on balances over $200
Earn interest on balances over $200
Interest compounded daily and paid quarterly

Quick facts:
$200 minimum deposit to open account
$5 fee for each withdrawal over 6 in a statement cycle*
$9 fee if balance falls below $200 in statement cycle*
*Statement cycles are quarterly ending on the last business day of March,
June, September and December.

Money Market Business

A First American Bank Money Market account makes it easy for you and your business to earn interest with a low minimum balance.

Account features:
No monthly service charge on balances over $2000
Earn interest on balances over $2000
Interest compounded daily and paid monthly

Quick facts:
$2,000 minimum balance to open account and earn interest
$10 fee will be assessed when balance falls below $2,000 in statement cycle*
$5 fee for each withdrawal over 6 in a statement cycle*
*statement cycles are monthly

Money Market Star Business Account

If your business normally maintains a balance over $10,000, then earn a higher interest rate with a Star Business Account!.

Account Features:
Interest compounded daily and paid monthly
Earn a higher interest rate based on deposit balances of $10,000 to $500,000 or more

Quick Facts:
$10,000 minimum balance to open account and earn interest
$25 fee will be assessed when balance falls below $10,000 in statement cycle*
$5 fee for each withdrawal over 6 in a statement cycle*
*statement cycles are monthly

Certificates of Deposit

Many business owners find Certificate of Deposits (CDs) to be a great investment for short or long term goals. How can a CD benefit your business? Learn more.

Learn more about alerts available on your account