Business Checking & Savings
Forcht Bank was founded in 1985 by Terry Forcht, one of Kentucky’s leading entrepreneurs.
We understand what it takes to make a business work - vision, commitment, and surrounding yourself with the right people. Our business banking team is experienced, knowledgeable, and ready to help your business grow.
| ||Small Business Works Checking||Business Interest Checking||Business Analysis Checking||Community Interest Checking|
| Interest Bearing ||No||Yes||Earnings Credit||Yes|
|Monthly Transactions Included||75||150||Contact a Business Banking Officer||250|
|Additional Transactions||$0.35 each||$0.35 each|| Contact a Business Banking Officer ||$0.35|
| Checks ||First order of 150 FREE||Available||Available|| First order of 150 FREE |
| Minimum to Open || $100 ||$1,000||$0||$100|
| Minimum Balance Requirement ||None||$1,000; if balance falls below then $10 monthly service charge||None; $15 monthly service may be offset by earnings credit||None|
|Account Restrictions||N/A||N/A||N/A||Designed for civic, church, and non-profits|
Business Money Market Savings
- Earn interest on monthly average balance
- Up to 6 withdrawals and unlimited deposits per month
- Minimum opening deposit is $10,000.
- $7.50 monthly service charge if balance falls below $10,000.
*Earnings credit based on the average investable balance in the account. This credit will be used to offset certain service charges, including the monthly maintenance charge and specific transaction activity fees.This earnings credit does not constitute an interest payment and is not carried over from month to month.
**Complete fee schedule available upon request.
***Deposit refers to credit to account, not each individual credited item.
Account disclosures that include current rates, terms, and fees (if any) are available with this brochure at any Forcht Bank location.