Basic Nonprofit Account For small nonprofits, City First offers a Basic Nonprofit Advantage Account. It’s designed for account-holders who anticipate a limited amount of monthly activity, yet need to make use of almost all of their funds during a given month to carry out their work within the community.
Nonprofit Advantage Account For organizations with a fair amount of monthly banking activity, City First created the Nonprofit Advantage Account offering the ability to avoid a monthly service charge by maintaining a modest minimum balance.
First Premier Nonprofit Checking For nonprofit organizations with higher account balances and a high volume of monthly activity, City First offers Premier Nonprofit Checking. With this account, you’ll also benefit from multiple cash management services, including remote deposit, positive pay, and ACH services, with the opportunity to offset the costs of these multiple services with an earnings credit.
|Basic Nonprofit Checking|
|Minimum to Open||$500|
|Monthly Service Charge||$8|
|Minimum Balance Requirement||None|
|Account Transaction Fees||The first 10 transaction items a month are free. $0.10 per transaction item is charged thereafter.|
|Nonprofit Advantage Checking|
|Minimum to Open||$1,000|
|Monthly Service Charge||$10 monthly service charge if the account balance falls below the required minimum.|
|Minimum Balance Requirement||$1,000|
|Account Transaction Fees||The first 100 transaction items a month are free. A $0.30 per transaction item is charged thereafter.|
|Interest Bearing Account?||Yes! This is an interest bearing checking account.*|
|First Premier Nonprofit Checking|
|Minimum to Open||$1,500|
|Monthly Service Charge||$12 monthly service charge for each of the first 2 accounts. $3 monthly service charge applies for subsequent accounts.|
|Minimum Balance Required||None|
|Account Transaction Fees||$0.12 per transaction item a month|
The monthly service charge and account transaction fees are assessed and analyzed against a monthly earnings credit which may help offset charges and fees.
Contact us for more details.
* For more information, or to request a copy of our Truth in Savings Act Disclosure, please click here.