HURRICANE IRMA UPDATE- We're Open! Our Key West Simonton St, N Roosevelt Blvd, and Winn-Dixie Offices, Stock Island Office, Summerland Key Office, Big Pine Key Office, Marathon Office, Islamorada Office, Key Largo Office, and Key Largo Tradewinds Plaza Office are open from 9am - 3pm M-F; and our Key West-Simonton St and N Roosevelt Blvd Drive-Thrus as well as our Key West Winn-Dixie and Key Largo Tradewinds Plaza Offices will be open Saturday 9am-1pm. At this time, ATMs are available at all First State Bank Offices.

All Online Banking services are available. All transactions are being processed normally. Publix Presto! ATMs are free to customers.
First State Bank is working to reopen all branches as quickly as possible to help our customers and neighbors pending restoration of vital services.

We're Here To Help! Call us today:
Balance & Account Information: 305-293-0000. Available 24/7
Loan Inquiries: 305-296-8535 or 954-447-8210. Mon-Fri 8 am-6 pm; Sat 9 am-1 pm
Deposit Account Inquiries: 305-296-8535 or 954-447-8222. Mon-Fri 8 am-6 pm; Sat 9 am-1 pm

Business

 
 

Checking

Does your business have the resources you need? We’re just checking. First State Bank of the Florida Keys offers checking accounts for all types and sizes of businesses – including EZ Business Checking, Small Business Checking, Commercial Checking, and Business NOW Checking. Whether you’re a big corporation or a small LLC, we have a checking option designed just for you.

EZ BUSINESS CHECKING

We make checking simple. With no minimum balance and free processing of 150 items per month, it doesn't get any easier than First State Bank’s EZ Business Checking!
 

SMALL BUSINESS CHECKING

Big-time service for smaller companies. If your business does a limited number of transactions, but wants a bank that takes you seriously, our Small Business Checking account is just your size.

COMMERCIAL CHECKING

High volume, high value. If you’re a larger business with high transaction volume, Commercial Checking is the account for you.  Use the balance in your account to help offset your account fees, and get free E-Statements or paper statements with check images.  

BUSINESS NOW CHECKING

Do you qualify for Business NOW? Under Federal Law and Regulation, certain businesses and organizations are eligible to open NOW Accounts. You may qualify if you’re operating a sole proprietorship (not incorporated and not a partnership), or a non-profit organization operated for religious, philanthropic, charitable, educational, fraternal or similar purposes.

The Unlawful Internet Gambling Act of 2006 prohibits a bank from processing restricted transactions through your business account.

 

Account Benefits First State Bank
EZ Business Checking
First State Bank
Small Business Checking
First State Bank
Commercial Business Checking
First State Bank
NOW Business Checking
Interest Bearing Account       Interest paid on collected balance less the 10% Federal Reserve requirement
Free Online Banking 
one user

one user & one view user

one user & one view user

one user & one view user
Free E-Statements
with images
Free Paper Statements
with images
   
Free Paper Statements without images
images available for a fee
   
Free Mobile Banking
Free Text Banking
Free 24-Hour TellerPhone
Free Business Debit Card
         
Account Details        
Minimum Opening Deposit  $250 $250 $250 $250
Minimum Balance to Avoid Monthly Maintenance Fee No minimum balance required $5,000
average collected balance
An earnings credit is used to offset eligible fees in this account. It is calculated by applying a rate, set by the Bank and subject to change, to the positive average collected balance less an allowance for the 10% Federal Reserve requirement. $2,500
average collected balance
Service Charge  $0 $15
(if balance is not maintained)
$15 $15
(if balance is not maintained)
Items Processed Free per month 150 300   150
Per item charges $0.35 per item over 150 $0.35 per item over 300 $0.30 per deposit credited
$0.15 per item paid
$.10 per item deposited
$0.35 per item over 150
Management fee     Variable rate on average ledger balance. Set by Bank and subject to change.  
Negative average collected balance charge 2 percentage points above the Bank's prime rate times the negative average collected balance in the account. 2 percentage points above the Bank's prime rate times the negative average collected balance in the account. 2 percentage points above the Bank's prime rate times the negative average collected balance in the account.  

 

The Unlawful Internet Gambling Act of 2006 prohibits a bank from processing restricted transactions through your business account. Click Here for more information.