First State Bank of Odem

Commercial Services

Commercial Accounts:
Commercial Checking | Commercial Savings | Commercial Money Market | Certificates of Deposits

$100.00 minimum to open
No monthly service charge as long as account maintains minimum daily balance of $3000.00, otherwise service charges applied as follows:
$2999.99 and below…. $20.00 per month
No charge for credits
First 100 debits free, $0.10 per debit item over 100
Monthly statements with check images

Other Commercial account products may be customized to your business as needed.

$100.00 minimum to open account
Interest accrued daily, compounded quarterly
No monthly service charge as long as account maintains minimum daily balance of $100.00, otherwise a service charge of $2.00 per statement cycle is imposed if balance falls below $100.00
Limit of six (6) withdrawals or transfers to another account or to third party by preauthorized, automatic, or telephone transfer, per calendar quarter.
$2.00 per withdrawal over the limit
Quarterly statements with original items
Interest rate subject to change

$2500.00 minimum to open account
Interest compounded on daily balance & credited to account monthly
No monthly service charge as long as account maintains minimum daily balance of $2500.00, otherwise a service charge of $15.00 per month is imposed if balance falls below $2500.00
Telephone transfers and checks can total no more than six (6) per month. Excessive transfers are $10.00 each
Minimum withdrawal is $500.00
Monthly statement with check images
Interest rates subject to change. Interest rate reduced to Now account interest rate if balance is $1500.00 or below

For our Commercial customers who want a fixed interest rate and predetermined maturity, we offer certificates of deposit at varying rates and terms from one month to five years. Rates and terms may be obtained from New Accounts personnel at (361) 368-2651.*

*Substantial Penalty for early withdrawal.