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Business Accounts

​​Which account best suits your needs?

Credit unions are known for the ways they support small business and FirstOntario offers local entrepreneurs different ways to save money. You’re busy – we get it and we want to make it easy for you to take care of your everyday business banking without wasting your money. 

$0 fee eBanking Plan

Overview

You plan on doing most of your banking online.

Key Features
  • No monthly fees
  • No minimum balance required
  • Unlimited electronic transactions and five free in-branch transactions per month ($5 each thereafter)

$25/month Flat Fee

Overview

You expect there to be a lot of account activity every month.

Key Features
  • Unlimited transactions
  • No restrictions on how you transact (online or in branch)
  • No minimum balance required

Pay as you Go Plan

Overview

You know you will be making minimal transactions.

Key Features
  • This is a fee-based account with a minimum $5 monthly account
  • $0.75 per transaction (deposits and withdrawals

Business Savings Plan

Overview

You’re looking to set some money aside and earn interest on your savings.

Key Features
  • No monthly fees
  • Tiered interest rate based on daily balance, paid at month-end
  • Unlimited transactions

Business U.S. Dollar Plan

Overview

You want easy access to American money for when you plan on crossing the border.

Key Features
  • Tiered interest rate calculated on closing daily balance, paid at month-end
  • Two free withdrawals per month ($0.50 USD thereafter)
  • $1 per month (waived with a $200 USD minimum balance)*

*Pre-authorized debits, ATM and Point of Sale (POS) services are not available on this account

AgriInvest

Overview

You’re a forward-thinking farmer who participates in the Canadian federal government’s AgriInvest program.

Key Features
  • No monthly fees
  • interest rate calculated on closing daily balance, paid at month-end
  • Deposit up to 100% of your Allowable Net Sales annually, with the first 1% matched by governments (limit on matching government contributions is $15,000 per year)
  • Funds can be withdrawn whenever you need them
  • No withdrawal fees

WAYS TO BANK

Branch or ATM

Visit us at your closest branch

Mobile

Download the app

APP STORE

GOOGLE PLAY

Online

Manage your finances online

Telephone

Call us and get started

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