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The First National Bank of Ottawa. Morris National Bank and Trust. Streator National Bank. Yorkville National Bank and Trust. Northern Bank and Trust - Maple Park, IL

Commercial Checking Accounts

Effective May 1, 2015


The First National Bank offers a wide variety of deposit products including:

E-Business Checking

Our e-Business Checking account has been designed with today's small business owners in mind - those who utilize the benefits of today's modern technology. We offer our free Online Banking and Bill Pay services in conjunction with a business checking account that has no minimum balance requirement, no monthly service charge, and allows you to process low-volume paper transactions without fees.

Features Details
Monthly Maintenance Fee FREE
Online Banking FREE
Online Bill Payment Unlimited
On-Us Deposited Items Unlimited
ACH Credits and Debits Unlimited
Foreign Items Deposited Up to 50 Per Month*
Deposits Up to 20 Per Month*
Paper Checks Up to 20 Per Month*
*Deposits greater than 20 $1.00 per deposit
*Paper checks written after 20 $.45 per check
*Foreign items deposited greater 50 per month $.45 per item

Commercial

The First National Bank of Ottawa's checking account gives you credit for balances to offset account service fees.

  • Your balance qualifies you for valuable earnings credit
  • Commercial Checking Fees
Fees Ammount
Monthly Maintenance Fee $9.85
Fee Per Debit .20
Fee Per ACH Debit .03
Fee Per Item Deposited (On Us) .12
Fee Per Item Deposited (Foreign) .19
Per Negative Collected Balances Prime + 6%
  • Service fees can be reduced or eliminated through through an Earnings Credit for balances kept on deposit
  • Account activities, including images of canceled checks are provided in a timely monthly statement
  • Additional services are available to tailor your account to your needs, including a monthly account analysis
  • Automated payroll service available

Commercial NOW Account Checking

An interest-bearing checking account that is offered exclusively to sole proprietorships and other qualified businesses..

  • Commercial NOW Account Fees
Fees Ammount
Monthly Maintenance Fee $15.00
Fee Per Debit .20
Fee Per ACH Debit .03
Fee Per Item Deposited (On Us) .12
Fee Per Item Deposited (Foreign) .19
Per Negative Collected Balances Prime + 6%
  • Write checks to access funds
  • Unlimited access to deposited funds

Non-Profit Checking

An interest-bearing account tailored for our Non-Profit customers.

  • Unlimited access to deposited funds
  • Your liquid funds generate interest for you
  • Write checks to access funds
  • $2.00 Service Charge fee if average daily balance for the monthly statement falls below $500.00

Deposit Sweep and Cash Management Balance Accounts

Deposits are automatically transferred into interest-bearing accounts.

  • Maintain balances at predetermined levels
  • Provides income on excess funds and eliminates surplus cash positions
  • Client can maintain balances that are sufficient to offset service charges
  • Funds can be combined in one account to facilitate cash management process
  • Integrates with lines of credit to offset cash deficits
  • Automates cash management via secured, internet access

Commercial Savings Accounts

An interest-bearing deposit account with access to funds.

  • Interest is compounded daily and credited quarterly
  • Low minimum balance requirement
  • Money may be invested for any length of time
  • Transaction limitations may apply

Commercial Money Market

An investment account with lower minimum balance requirements that provides liquidity and earnings.

  • Earn interest and gain easy access to funds
  • Interest accrues daily and is paid monthly
  • Limited check writing privileges with regulatory restrictions on transactions
  • Receive detailed monthly statements on account activity