Checking

Whether your business is big, small or somewhere in between, The First National Bank of Mount Dora has a checking account that fits your needs. Choose from low-fee, interest-bearing and small business accounts.

regular business checking

Minimum to open $100
If you maintain the average daily balance of $10,000 there will be no monthly fee
Earnings credit of $0.15 per $100 on the average collected balance will be deducted from fees listed above

Business Interest Checking

Minimum to open is $100 (Sole Proprietorships, Governmental Units and Nonprofit Organizations only)
Internet Banking available

Small Business checking

Minimum to open $100
If you maintain either a minimum daily balance of $2,500 or an average daily balance of $5,000 and do not exceed combined items paid or items deposited for the monthly statement cycle, there will be no monthly fee.
Internet Banking available

Regular Business Checking Details

Minimum to open $100
If you maintain the average daily balance of $10,000 there will be no monthly fee
The following fees will be assessed if the minimum balance requirement is not met:
$0.10 per item deposited
$0.18 per item paid
Earnings credit of $0.15 per $100 on the average collected balance will be deducted from fees listed above
Commercial Account analysis is available for accounts which use special deposit services or have an average balance of $20,000 or more
Internet Banking available

Business Interest Checking Details

Minimum to open is $100
(Sole Proprietorships, Governmental Units and Nonprofit Organizations only)
If you maintain either a minimum daily balance of $4000 or an average daily balance of $8,000 and do not exceed combined items paid or items deposited for the monthly statement cycle, there will be no monthly fee.
The following fees will be assessed if the minimum balance requirements are not met:
$9.95 Monthly Maintenance fee
$ 0.15 Per item fee (if items paid or deposited exceed 100)
Internet Banking available

Accounts will be charged the same insufficient funds fees and other fees as stated in the Bank’s Truth-in-Savings Disclosure. Copies of the disclosures are available upon request at any office of the Bank. At our discretion, we may change the interest rate on your account. Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).

Small Business Checking Details

Minimum to open $100
If you maintain either a minimum daily balance of $2,500 or an average daily balance of $5,000 and do not exceed combined items paid or items deposited for the monthly statement cycle, there will be no monthly fee.
Internet Banking available
The following fees will be assessed if the minimum balance requirements are not met:
- $14.00 Monthly Maintenance fee*
- *Maintenance Fee is waived if Check Safekeeping is chosen (checks are not returned in statements)
- $0.15 Per item fee (if items paid or deposited exceed 125)
Internet Banking available

Accounts will be charged the same insufficient funds fee and other fees as stated in the Bank’s Truth-In-Savings Disclosure. Copies of the disclosures are available upon request at any office of the Bank.