Business Banking
| Account Type |
More Info |
Minimum Opening Balance |
Monthly Service Charge |
Balance to Avoid Service Charge |
Minimum Balance to Earn Interest |
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Free Business Checking
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$100 |
$0 |
$0 |
N/A |
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A non-interest bearing checking account with no minimum balance requirements.
Account Features
- Free Checking – with no monthly service charge, no minimum balance requirements*
- Free Simmons First Debit Card
- Unlimited use of Simmons First ATMs and Bank Anywhere internet services
- 500 free transactions per month (35¢ per transaction over 500)
- First order of Simmons First logo checks free
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Free Online Banking
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Free** Bill Payment
- Access to Simmons First Merchant Services*
- Access to small business loans and letters of credit*
- Access to Simmons First Visa*
*$100.00 required to open account. Benefits and features subject to qualification and approval by Simmons First.
** Free for the first 20 payments each month. After 20 payments each additional payment costs $0.50.
To learn more, please contact a Financial Service Representative at any of our convenient locations.
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Commercial Checking
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$100 |
Analyzed |
Analyzed |
N/A |
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An analyzed checking account that gives you credit for your balances while tracking your monthly activity.
Account Features
*$100.00 required to open account. Benefits and features subject to qualification and approval by Simmons First.
** Free for the first 20 payments each month. After 20 payments each additional payment costs $0.50.
To learn more, please contact a Financial Service Representative at any of our convenient locations.
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Business Interest Checking
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$100 |
$8 |
$1,000 |
$0 |
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Available to sole proprietorships, individuals doing business under a trade name or DBA, government entities (public funds), and non-profit organizations. Not available to partnerships, corporations, associations, business trusts and organizations that are operated for a profit. No transactions limitations.
Interest bearing account packed full of benefits.
Account Features
No annual fee Simmons First 24 Hour Banking (ATM) Card for nationwide 24- hour access to your funds 365 days a year.
Simmons First Classic Checking Card allows you to use your checking account (without writing checks) all over the world at participating VISA merchants.
*Benefits and features subject to customer qualification and approval by Simmons First.
*$100 required to open account.
** Free for the first 20 payments each month. After 20 payments each additional payment costs $0.50.
To learn more, please contact a Financial Service Representative at any of our convenient locations.
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NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.
The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.
For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.