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Empowering Your Business, One Transaction at a Time

Planters First Bank offers a wide array of business accounts and services to meet your unique needs. We focus on hiring and training smarter bankers who can be trusted advisors to our business clients.

Business Checking Accounts

  • Community Checking
    • Churches, Not for Profit, Campaign Accounts, Reunions, Fundraisers
    • Requires EIN
    • $100.00 Opening Deposit
    • No Monthly Service Charge
    • No Minimum Balance Required
    • Limited to 30 processed items per Statement Cycle
      • $0.25 per item overage charge
    • FREE Business Debit Card
    • FREE Business Online Banking
    • Monthly Statements:
      • No fee for Online Statements
      • Paper Statement $5.00 per month
  • Small Business Checking
    • An account designed for smaller businesses with low levels of activity and balances.
    • $100.00 Opening Deposit
    • $10.00 Monthly Maintenance Fee
      • Ways to avoid monthly service charge
        • Keep a daily balance of $2,500.00 OR
        • Conduct five Business Debit Card Transactions monthly
    • Limited to 100 processed items per Statement Cycle
      • $0.35 per item overage charge
    • FREE Business Debit Card
    • Remote Deposit with mobile device or desk scanner
    • Business Online Banking with Bill Pay Transfer capabilities and alerts
    • Manage Employee Access
    • Access to Mobile app and Mobile website
    • Direct Deposit payroll for employees
    • Electronic Payment options for your customers
    • Monthly Statements:
      • No fee for Online Statements
      • Paper Statement $5.00 per month
  • Commercial Account
    • A great account for medium-sized businesses with moderate activity
    • $100.00 Opening Deposit
    • $30.00 Monthly Maintenance Fee
      • Ways to avoid monthly service charge
        • Maintain a daily balance of $10,000 OR
        • Conduct 15 Discover Business debit card transactions monthly
    • Limited to 250 processed items per Statement Cycle
      • $0.45 per item overage charge
    • FREE Business Debit Card
    • Remote Deposit with mobile device or desk scanner
    • Business Online Banking with Bill Pay Transfer capabilities and alerts
    • Manage Employee Access
    • Access to Mobile app and Mobile website
    • Direct Deposit payroll for employees
    • Electronic Payment options for your customers
    • Monthly Statements:
      • No fee for Online Statements
      • Paper Statement $5.00 per month
  • Business Analysis Account
    • Designed for businesses with larger balances and high levels of activity
    • $100.00 Opening Deposit
    • $15.00 Monthly Maintenance Fee
    • Activity Analysis Charge varies
    • FREE Business Debit Card
    • Remote Deposit with mobile device or desk scanner
    • Business Online Banking with Bill Pay Transfer capabilities and alerts
    • Manage Employee Access
    • Access to Mobile app and Mobile website
    • Direct Deposit payroll for employees
    • Monthly Statements:
      • No fee for Online Statements
      • Paper Statement $5.00 per month

What’s Next?

Information you will need to Open a Business Account:

When opening a business account, all banking institutions are required to obtain information verifying the business as well as the individuals associated with the business. The list of business types below will help you quickly and easily determine the documents needed.

  • Sole Proprietorship
    • Required Documentation:
      • CIP information—legal name, physical address, date of birth, and social security number, as well as an unexpired photo ID such as a driver's license, passport, or government-issued ID—is required for all beneficial owners and the Control individual.
      • IRS EIN Assignment Letter is a document provided by the IRS as proof of EIN assignment. If using EIN to establish membership, you may use Page 1 of the tax return showing EIN and ownership percentage.
      • If Operating as a Large DBA:
        • DBA Trade Name Registration – received from the clerk of the superior court of the county in which business is conducted
        • Business License – received from the city or county in which business is conducted
  • LLC

    • Required Documentation:

      • CIP information—legal name, physical address, date of birth, and social security number, as well as an unexpired photo ID such as a driver's license, passport, or government-issued ID—is required for all beneficial owners and the Control individual.

      • IRS EIN Assignment Letter is a document provided by the IRS as proof of EIN assignment. If using EIN to establish membership, you may use Page 1 of the tax return showing EIN and ownership percentage.

      • Two Forms of Identification – are needed for any individual listed on the Certification of Beneficial Owner(s) Form. Any of the following are acceptable:

        • State Issued Driver’s License
        • State Issued Identification Card
        • Government-issued ID or passport
      • Secretary of State Registration/Certification – entity must be either Active/Compliant or Active/Owe for the Current Year. Please note: Members of an LLC have the option to register with the Superior Court in their county instead of being required to register with the Georgia Secretary of State (SoS).
      • Certificate/Articles of Organization or Operating Agreement – shows formation of entity with Secretary of State
      • If Operating as a Large DBA:
        • DBA Trade Name Registration – or DBA name must be stated in Articles of Organization
  • Corporation

    • Required Documentation:

      • CIP information—legal name, physical address, date of birth, and social security number, as well as an unexpired photo ID such as a driver's license, passport, or government-issued ID—is required for all beneficial owners and the Control individual.

      • IRS EIN Assignment Letter is a document provided by the IRS as proof of EIN assignment. If using EIN to establish membership, you may use Page 1 of the tax return showing EIN and ownership percentage.

      • Copy of By-Laws for the corporation

      • Two Forms of Identification – are needed for any individual listed on the Certification of Beneficial Owner(s) Form. Any of the following are acceptable:

        • State Issued Driver’s License
        • State Issued Identification Card
        • Government-issued ID or passport
      • Secretary of State Registration/Certification – entity must be either Active/Compliant or Active/Owe for the Current Year
      • Certificate/Articles of Organization or Operating Agreement – shows formation of entity with Secretary of State
      • If Operating as a Large DBA:
        • DBA Trade Name Registration – or DBA name must be stated in Articles of Organization
  • Association/Organization/Informal Non-Profit Organization

    • Required Documentation:

      • CIP information—legal name, physical address, date of birth, and social security number, as well as an unexpired photo ID such as a driver's license, passport, or government-issued ID—is required for all beneficial owners and the Control individual.

      • IRS EIN Assignment Letter is a document provided by the IRS as proof of EIN assignment. If using EIN to establish membership, you may use Page 1 of the tax return showing EIN and ownership percentage.

      • Two Forms of Identification – are needed for any individual listed on the Certification of Beneficial Owner(s) Form. Any of the following are acceptable:

        • State Issued Driver’s License
        • State Issued Identification Card
        • Government-issued ID or passport
      • Certificate/Articles of Organization or Operating Agreement – shows formation of entity with Secretary of State
      • If Operating as a Large DBA:
        • DBA Trade Name Registration – or DBA name must be stated in Articles of Organization
  • Partnership (General, LP, LLP, LLLP)

    • Required Documentation:

      • CIP information—legal name, physical address, date of birth, and social security number, as well as an unexpired photo ID such as a driver's license, passport, or government-issued ID—is required for all beneficial owners and the Control individual.
      • IRS EIN Assignment Letter is a document provided by the IRS as proof of EIN assignment. If using EIN to establish membership, you may use Page 1 of the tax return showing EIN and ownership percentage.
      • Need copy of Partnership Agreement
      • Two Forms of Identification – are needed for any individual listed on the Certification of Beneficial Owner(s) Form. Any of the following are acceptable:
        • State Issued Driver’s License
        • State Issued Identification Card
        • Government-issued ID or passport
      • Secretary of State Registration/Certification – entity must be either Active/Compliant or Active/Owe for the Current Year
      • Certificate/Articles of Organization or Operating Agreement – shows formation of entity with Secretary of State
      • If Operating as a Large DBA:
        • DBA Trade Name Registration – or DBA name must be stated in the Partnership Agreement or Statement of Partnership.