Business Banking Services
First Federal is a local, community focused organization. That creates a different, better banking experience, one that frees you to do what you do best. We’ve developed a range of commercial accounts and services to help you manage your financial needs and build out your business strategy. We’re available in person, on the phone and online. When you have a question or a banking need, just ask.
Business Checking (top)
Free Business Checking
Designed for the business owner who generally has a low volume of transactions, this account allows up to 100 checks and 100 deposit items per statement cycle with no per item fee. A .50 per item fee is applied after 100 checks.
Select Business Checking
With more flexibility and choices, this account allows up to 100 checks and 100 deposit items per statement cycle with no per item fee. A .15 per item fee applies after 100 checks. The $7.50 monthly maintenance fee is waived with a minimum $1,500 daily balance. You decide!
Business Checking Plus
This account is designed for sole proprietors, non-profit organizations or corporations with more than 100 deposit items per month or low volume and high balances. Earnings credits offset charges for corporate clients.
Business Debit Card (top)
All Business Debit Cards can now be repinned at any First Federal Branch
Business Lines of Credit (top)
Funds are ready when you need them, and you control cash flow with First Federal’s Business Line of Credit. Transfer and withdraw funds at your convenience -- online, by phone or in person.
Business Loans (top)
First Federal wants to be your partner in growing your business. Talk with us about loans for working capital, construction, vehicles, equipment, technology and other business needs.
Commercial Real Estate Loans
First Federal can help with loans for purchase, refinance and construction of income properties in Clallam and Jefferson counties. We can make your ideal business location a reality. Talk with a First Federal representative today.
Business Savings (top)
When First Federal Business Savings and Business Checking products are used by the same firm, monthly savings account maintenance fees are waived.
Internet Banking/Cash Management (top)
Maximize assets and efficiency with First Federal Cash Management Services. First Federal Internet Banking means your options are at your fingertips 24 hours a day from wherever you have Internet access.
Click here to sign in!
For detailed information or help, refer to the Business Online Banking User Guide.
With First Federal Internet Banking, you can:
- Initiate account transactions
- Set daily maximum limits
- Set per transaction account limits
- Originate wire transfers
- Schedule recurring and one-time transfers
Payroll, vendor, collections and cash concentration ACH origination payments are supported.
You define the parameters of reports that help you make better business decisions. Receive detail and/or summary reports for all your First Federal accounts. Change the report parameters whenever you choose and export your information to most accounting software programs for easy accounting management and tax planning.
Additional Services (top)
- First Federal ATM/Visa ® Check Card
- Notary Services
- Safe Deposit Boxes
- Signature Guarantee (Medallion)
- Official Checks
- Wire Transfers
- EFTPS Electronic Federal Tax Payment System site link
Credit and Debit Card Merchant Services
The ability to accept and manage electronic payments is critical to every business. First Federal helps you securely accept all types of electronic payments affordably, including credit and debit cards. Features include:
- Credit, Debit and EBT card acceptance
- E-Commerce Solutions
- CompletePay Electronic check conversion
- Affordable processing rates
- Easy-to-understand monthly statements
- 24/7 Customer and Technical support
Remote Deposit Capture
Make your check deposits directly from your own office! With Remote Deposit Capture, you can deposit checks to your First Federal accounts whenever it’s convenient for you. Safe, quick, and easy, let us show you how Remote Deposit Capture can save you valuable time. Please contact a member of our knowledgeable team today.
Click here for an online demo!
Merchant Night Drop Depository
First Federal’s Merchant Night Drop Depository gives you the convenience and security of 24-hour bank deposits. Business or personal deposits will be processed the next business day. Deposit bags are available at any branch.
Detailed account information, including an imaged copy of every check that clears your account is your reference for account activity and other business needs. A complimentary binder with index tabs makes organization and later research easy and convenient. CD-Rom and E-Statements are also available. If needed, check copies can also be faxed to you quickly.
Access account information, transfer funds, order stop-payments, make First Federal loan payments, balance your checkbook and more at your convenience from home, work or anywhere with phone access. Use the Touch Tone Teller to verify a check 24 hours a day. Call 360-457-0461 any time.
Health Savings Account (HSA)
Plan for wellness, health care and medical emergencies with a First Federal Health Savings Account. Our HSA lets you save for health expenses and grow unused funds for retirement. Call today and talk with us about a Health Savings Account. Visit our online HSA Service Center .
Business Visa® Credit Card
Facilitate, monitor and track business travel and purchases with a First Federal Business Visa®. Your First Federal Business Visa® can also give you access to ATM machines throughout the world.