CityFirst delivers real value.
We offer competitive rates, modest minimums and sustainable solutions.
With you as our first priority, each circulation of your dollar uplifts low-to-moderate income households, improves neighborhoods and facilitates your financial viability. Plus, you can handle it all on your desktop or phone!
Each account, personal or commercial, comes with online banking, online bill-pay, 24-hour Customer Care and telephone banking, a VISA Debit card for qualified commercial depositors, and the assurance that you are banking with socially responsible neighborhood investors.
Choose your Checking Account
For businesses with moderate monthly checking activity and that require use of almost all checking account funds every month.
$100.00
Minimum to Open
$0.00
Monthly Service Charge
None
Minimum Monthly Average Balance Requirement
No.
Interest Bearing
The first 100 transaction items per month are free. A fee of $0.25 per transaction item is charged thereafter.
For businesses that expect greater monthly checking activity and to maintain a minimum monthly balance.
$100.00
Minimum to Open
$15.00
Monthly Service Charge if account balance falls below the required minimum.
$2,500.00
Minimum Monthly Average Balance Requirement
No.
Interest Bearing
The first 250 transaction items per month are free. A fee of $0.25 per transaction item is charged thereafter.
For businesses that maintain higher account balances, sustain a high volume of monthly activity, and utilize multiple cash management services. An earnings credit is applied against service fees, which can result in low-cost or no-cost checking account service. Options include:
- Automated Clearing House (ACH) Originations and Direct Deposit: From payroll and other types of disbursements to collecting contributions such as home owner association or condo fees, CityFirst gives you the tools to automatically collect funds and make direct deposits to employee or customer accounts.
- First Remote Deposit Capture: It’s safe and convenient to deposit your checks at any time you choose, without ever leaving your seat.
- First Protect Positive Pay: An effective, easy-to-use and flexible risk management solution to single out exceptions, like duplicate transactions or check number mismatches, to monitor discrepancies, and to combat fraudulent activity with robust positive pay procedures.
- Check Imaging: The check image included with every CityFirst account makes record-keeping a snap!
$100.00
Minimum to Open
$12.00
Monthly Service Charge per account
No
Interest Bearing
$0.12
Account Transaction Fee per transaction item.
Actual monthly fee may be offset with earnings credit.
For organizations with a fair amount of monthly banking activity, this account allows you to avoid pesky monthly service charges by maintaining a modest minimum balance.
$100.00
Minimum to Open
$10.00
Monthly Service Charge if account balance falls below the required minimum.
$1,000.00
Minimum Monthly Average Balance Requirement
Yes!
Interest Bearing, tiered rate based on account balance.
The first 100 transaction items per month are free. A fee of $0.25 per transaction item is charged thereafter.
For organizations with higher account balances and a high volume of monthly activity, this account benefits from multiple cash management services, including remote deposit capture, positive pay, and ACH services, with the opportunity to offset the costs with an earnings credit.
$100.00
Minimum to Open
$12.00
Monthly Service Charge per account.
$1,000.00
Minimum Monthly Average Balance Requirement
No.
Interest Bearing
$0.12
Account Transaction Fee per transaction item.
Actual monthly fee may be offset with earnings credit.
A unique and innovative way to increase access to justice for individuals and families living in poverty. Without taxing the public, and at no cost to lawyers or their clients, these accounts are pooled to provide civil legal aid and to support improvements to the justice system. CityFirst is pleased to be a preferred partner with the DC Bar Foundation.
$100.00
Minimum to Open
$0.00
Monthly Service Charge
$0.00
Minimum Monthly Average Balance Requirement
Yes.
Interest Bearing
A simple solution with a low minimum balance and no limit on withdrawals.
$100.00
Minimum to Open
$7.00
Monthly Service Charge
$0.00
Minimum Monthly Average Balance Requirement
No.
Interest Bearing
Monthly fee waived if ANY of the following criteria are met:
- One direct deposit per month.
- Ten debit card transactions per month.
- Enrolled in eStatements.
- Minimum monthly average balance of: $100.00
For depositors who want a simple solution with a low minimum balance, no limit on withdrawals and the opportunity to earn interest, monthly.
$100.00
Minimum to Open
$8.00
Monthly Service Charge applies if minimum balance is not met.
$500.00
Minimum Monthly Average Balance Requirement
Yes.
Interest Bearing
To request a copy of our Truth in Savings Act Disclosure:
Effective: January 15, 2021