First State Bank of Grove City
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Agricultural & Business Banking

 

Regular Business Checking

  • The minimum balance to open this account is $100.00.
  • There is a monthly maintenance fee of $6.00.
  • There is a deposit fee of 6 cents per item not drawn on the First State Bank of Grove City.
  • A fee of 15 cents is charged for each check and ACH debit.
  • An earnings credit based on the average collected balance in the account will offset any of the above fees.

 

Business Money Market Savings

  • The minimum balance to open this account is $2,500.00.
  • This is a tiered account and the interest rate will depend on your balance.
  • There is no minimum balance fee if your account does not fall below $2,500.00. Otherwise a minimum balance fee of $10.00 per month will apply.
  • Interest is compounded monthly.
  • You will receive monthly statements.

 

Business Regular Savings

  • The minimum balance to open this account is $100.00
  • There is no minimum balance fee if your account does not fall below $100.00. Otherwise a minimum balance fee of $1.00 per month will apply.
  • Interest is compounded semi-annually.
  • You will receive quarterly statements.

 

Certificates of Deposit

  • We offer a variety of maturities including 182 days and 12, 24, 36, 48 & 60 months.
  • There may be a penalty for early withdrawal.
  • Our rates are competitive.



First State Bank of Grove City is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through June 30, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.
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