Key Takeaways

• Discover tailored solutions, including checking accounts, business savings, and money market options, that are designed to meet your business needs.
• Learn about the advantages of our business credit and debit cards, including mobile payment capabilities and free expense reporting tools.
• Manage your finances on the go with First County Bank’s online banking and mobile app.

Small businesses form the backbone of our local economy, providing essential services and creating valuable jobs in our community. At First County Bank, we understand the unique challenges and opportunities faced by small business owners. That’s why we are dedicated to providing personalized and comprehensive banking solutions that support the growth and sustainability of these vital enterprises.

Business Checking and Savings Accounts

Navigating the financial landscape as a small business can be daunting without the right resources. First County Bank offers tailored solutions like the Business First Checking, First Business Savings, and the First Business Money Market accounts, designed to protect and grow your business funds efficiently.

Business First Checking:

With Business First Checking, your business can enjoy the convenience of essential banking without the extra costs. This account features no transaction fees, no fees for electronic monthly statements, and no fees for cash deposits, making it an ideal choice for businesses seeking straightforward and cost-effective banking solutions.

First Business Savings:

This account eliminates the worry of monthly maintenance fees as long as you maintain a minimum daily balance of $200. Additionally, it rewards your business with tiered interest rates, ensuring that the more you save, the more you earn.

First Business Money Market:

Ideal for businesses aiming to keep a higher balance, this account also waives the monthly maintenance fee with a minimum balance of $2,500. Like the savings account, it features tiered interest rates, maximizing your returns as your balance grows.

Business Credit Card Options

Choosing the right business credit card is crucial for managing cash flow and financing daily operations. First County Bank offers a variety of credit card options that include competitive rates, cash back, and flexible rewards to match the diverse needs of your business. Regardless of which card you select, you will benefit from:

• Free online expense reporting tools to help track and manage business spending.
• No fees for additional employee cards, making it easier to manage team expenses.
• Mobile payment capabilities and around-the-clock Cardmember Service, enhancing convenience and security.

Debit MasterCard BusinessCard®

The First County Bank Debit MasterCard BusinessCard® combines the convenience of a credit card with the direct financial control of a debit card. It allows you to pay for purchases directly from your checking account while providing:

• A quicker, easier, and safer transaction method than traditional checks.
• Detailed purchasing information integrated into your monthly checking account statement.
• Compatibility with Apple Pay® and Google Pay for secure and fast payments.

Business Loans and Financing

Whether you’re expanding your operations, upgrading equipment, or seek to support working capital requirements, First County Bank offers a variety of business loans with flexible terms and competitive rates. As an approved Small Business Administration (SBA) and Connecticut Development Authority (CDA) Lender, we provide tailored financing solutions that fit your specific business needs.

Cash Management Services

Managing your business’s finances efficiently is key to staying ahead. First County Bank’s Cash Management Services offer a range of tools designed to simplify operations and safeguard your assets.

Our services include Remote Deposit Capture, allowing you to deposit checks electronically from your office, saving time and reducing trips to the bank. For added security, Positive Pay Fraud Protection helps you monitor and manage checks and ACH transactions, preventing unauthorized activities.

Simplify payments with ACH Origination, a secure way to disburse payments to vendors and employees while collecting payments from customers. Need faster transactions? Wire Transfers enable fast, secure sending and receiving of funds. Additionally, Merchant Services let you accept credit and debit card payments with ease—whether in-store, online, or by mail—helping your business stay competitive in today’s marketplace.

Digital Banking Solutions

In today’s fast-paced world, having access to your business finances anytime, anywhere is more important than ever. First County Bank’s Online Banking with Bill Pay and our comprehensive Mobile Banking app make it simple and convenient to manage your accounts from any device, compatible with Apple IOS and Android Operating Systems.

Conclusion

At First County Bank, we are more than just a financial institution; we are a community partner committed to supporting the growth and success of small businesses. By offering a range of flexible banking products and personalized services, we help you focus on what you do best — running your business. Connect with us today to discover how we can help take your business to the next level.

FAQs

1. What are the benefits of banking with a local community bank for small businesses?

Banking with a local community bank offers small businesses personalized service and a deep understanding of the local market. Community banks often provide tailored financial solutions, quicker decision-making, and access to lending opportunities that large national banks may overlook. They also invest in the community, creating a mutually beneficial relationship that supports local economic growth.

2. How can a local community bank help manage my small business’s daily operations?

A local community bank can simplify your daily operations with services such as business checking and savings accounts, cash management tools, and merchant services. Their hands-on approach ensures you have the support you need for payroll, payment processing, and cash flow management. Plus, their accessibility allows you to quickly address any banking concerns or adjustments.

3. What digital banking solutions do local community banks offer to small businesses?

Local community banks typically offer a suite of digital tools, including mobile and online banking, bill payment services, remote deposit capture, and account management platforms. These solutions give small businesses the convenience of managing finances on the go while maintaining the personal support and security of a local institution.