Business Services
ATM Services
ATM
Account information is available at any NewFirst ATM with no fee and are located at most branch locations. Refer to Locations & Hours to view ATM locations. The NewFirst National Bank fee for non – NewFirst ATM usage is $1.00 per transaction except for the following accounts:
- Five Star Checking – (No NewFirst ATM fees and automatic reimbursement of other Bank’s ATM fees up to $10.00 per monthly statement cycle)
- First Choice Checking – (No NewFirst ATM fees)
- E – Freedom Checking – (No NewFirst ATM fees and automatic reimbursement of other Bank’s ATM fees up to $10.00 per monthly statement cycle)
Check Card
Offers the convenience of a credit card and the ability to access account status and cash 24 hours a day. The card may be used instead of writing a check to purchase products or services anywhere the MasterCard logo is displayed. NewFirst reserves the right to block certain transactions based upon fraudulent activity.
- No Annual Fee
- Accepted anywhere MasterCard is taken
- 24-Hour access
- Cash availability
- No fee for withdrawals at NewFirst ATM Locations
- Use card instead of writing checks
- Carry card instead of cash
- $5.00 Check Card replacement fee per card
- Business Check Card Application
Bookkeeping Services
Chargeback
Chargebacks are most often used to reverse a credit due to non – payment of a deposited item by the account it is drawn on. When a Chargeback occurs NewFirst National Bank will mail a letter with the returned item notifying the customer of the chargeback. The fee for a Chargeback is $5.00 each.
Collections
Collections is a service that allows for the collection of checks or drafts. NewFirst National Bank will send out a collection letter, receive the funds and deposit the funds into the account as soon as the funds are received. After the funds are received there is no risk of them being returned.
The Collection fees are:
- Incoming Collections $5.00
- Outgoing Collections $10.00
- Unpaid Collections $5.00
Credit Inquiry
NewFirst National Bank will provide Credit Inquiries with the request and authorization of the Business customer. The fee for this service is $5.00 and is available only to NewFirst Business customers.
Direct Deposit
Direct deposit payroll, social security, or retirement checks into checking and savings accounts for immediate access to funds.
- No fees
- Immediate availability
- Electronic deposit
- Immediate access to funds
Hold Statement
NewFirst National Bank will hold Bank Statements at the customers request for pickup at their designated branch. The fee for holding a Bank Statement is $3.00 per month, per account and only accessible to authorized individuals.
Levy / Garnishment
If NewFirst National Bank receives a Levy / Garnishment request from the Federal or State Government, NewFirst must comply and honor the request. The fee for Levy / Garnishment is $35.00 each.
Express Deposit
NewFirst National Bank may provide commercial customers lockbox processing that will speed collections and optimize the use of funds.
- Local lockbox locations
- Rapid check collections
- Accelerated funds availability
- Efficient and accurate receivables processing
- Web – based access to cash flow information and image – based transactions
- Reduced in – house clerical expenses
- Customized data entry and collection
Express Deposit is available to NewFirst commercial customers only. Pricing is available upon request.
Overdraft Protection
Overdraft Protection may be established to ‘protect’ a NewFirst checking account by linking another NewFirst checking, money market or savings account. Money Markets and Savings have withdrawal limitations and additional fees may result if limits are exceeded. Transfers are made automatically to cover Insufficient Fund Items and to avoid overdraft charges, up to the available balance of the account.
- All transfers are in minimum increments of $100.00
- $2.00 transfer fee for all transfers
Negative Available Balance
A Negative Available Balance is created when the uncollected funds in your account exceeds the amount that is available for withdrawal (available balance). The available balance reflects the latest balance based on transactions recorded to your account including deposited funds, paid checks, withdrawals and point of sale purchases made with your ATM or Check Card. The fee for a Negative Available Balance is prime plus 1% each day the available balance is negative. Availability of deposits may vary – please see the Funds Availability Policy for complete details.
Research
NewFirst customers may have their account statements researched or balanced for $25.00 per hour and $2.00 per copy.
Statement / Document Copy
Receive extra copies of NewFirst Bank Statements or Documents for a fee of $2.00 per copy. NewFirst customers may also view current or previous statements online with E-Banking and have the option to download Bank Statements or enroll in E-Statements and safekeep your E-Statement on E-Banking up to 12 months or store indefinitely on your own computer.
Stop Payment / Renewal
NewFirst customers can place a Stop Payment on a check or renew a Stop Payment that has expired from any branch location. Stop Payment is also available to business customers with E – Corp. Stop Payments will remain in effect for six months. The Stop Payment / Renewal fee is $28.00 per check.
Telephone Inquiry or Transfer with Customer Service
NewFirst National Bank Customer Service may transfer funds between NewFirst accounts at the customers request. There is a fee of $3.00 for each transfer or inquiry.
Lobby Services
Automatic Transfer
An Automatic Transfer of funds may be established to transfer between NewFirst accounts with a pre-determined amount, date and frequency. The frequency options are weekly, bi-weekly, monthly, bi-monthly, quarterly, semi-annually and annually. The is no fee for transferring from checking to savings accounts; however, transfers from money market accounts or savings accounts are limited and excess withdrawals will result in fees and possibly closure and re-classification of the account.
CDARS
The CDARS (Certificate of Deposit Account Registry Service) program currently offering FDIC Insurance up to $50 million. CDARS is available for all types of investors including individuals, partnerships, corporations, associations, and public organizations.
Close Account
If a NewFirst account is closed within 90 days of opening, there is a fee of $25.00
Deposit Lock Bag & Deposit Zipper Bag
The Deposit Lock Bag and Deposit Zipper Bag are ideal for storing coins, currency, checks and documents. Both of the Deposit Lock Bag and Deposit Zipper bag are made out of a durable material that make it possible for these bags to withstand the wear and tear of daily abuse. The Deposit Zipper bag is included with all business checking accounts and for lobby use only. Two keys are included with the Deposit Lock Bag. The Deposit Lock Bag is for Night Depository use only.
- Deposit Lock Bag $20.00
- Deposit Zipper Bag $5.00
Endorsement Guarantee
An Endorsement Guarantee is provided to customers when requesting either cash or exchange for an official check for a check drawn on another financial institution. The fee for an Endorsement Guarantee is $5.00.
Notary Services
NewFirst customers with proper identification may have certain documents notarized at branch locations during normal business hours free of charge.
Safe Deposit Box
Secure valuables and important documents in a Safe Deposit Box at NewFirst National Bank. Safe Deposit Boxes are available at most NewFirst locations. Sizes and annual rentals are:
- 3 x 5 - $15.00
- 4 x 5 - $20.00
- 5 x 5 - $25.00
- 3 x 10 - $30.00
- 4 x 10 - $40.00
- 5 x 10 - $45.00
- 8 x 10 - $50.00
- 10 x 10 - $65.00
There is an additional fee of $10.00 for manual billing and an additional fee for past due rent at $10.00 per month. A $10.00 key deposit is required per box. Box drilling is $150.00. Sizes may vary at different NewFirst locations. Safe Deposit Boxes are not FDIC insured.
Signature Guarantee
NewFirst National Bank will provide a Signature Guarantee to customers who request an endorsement of a stock certificate or investment security. The fee for a Signature Guarantee is $20.00. The maximum transaction value is $100,000.
Wire Transfer
Send or receive funds electronically to or from NewFirst National Bank with another financial institution. Wire transfers provide a fast and secure way to send and receive money. As soon as the wire is received the funds are considered collected and available for immediate use. NewFirst National Bank customers may request an outgoing wire transfer in person, by fax, phone, E – Corp or mail. Transfer requests by fax, phone or mail will be accepted only if a Wire Transfer Agreement is in place. A call back will be made to verify the information via a recorded line. Outgoing wire transfers may be transferred the same day before the cut-off time of 2:30 p.m. Outgoing wire requests received after 2:30 p.m. will be transferred the next business day. The fees for outgoing wire transfer are:
- Outgoing / Domestic $15.00
- Outgoing / Foreign Currency $50.00
- Outgoing / International $35.00
- Outgoing / Domestic / E – Corp $10.00
- Outgoing / Foreign Currency / E – Corp $40.00
- Outgoing / International / E-Corp $25.00
Funds from incoming wire transfers that have been received before 4:00 p.m. will be available in the account the same business day. Any incoming wires received after 4:00 p.m. will be processed on the next business day. The fee for an incoming wire is $5.00
Lending Services
Installment Loan Coupon Book
Installment loan customers may use coupon books containing coupons or slips for each loan payment. The coupons / slips state the amount and the date the payment is due. The fee is $10.00 to re-order an Installment Loan Coupon Book.
Loan Amortization / History Schedule
The Loan Amortization / History Schedule is a record of loan or mortgage payments, showing payment number, payment amount (and a breakdown of how much is principal and how much is interest) and the balance owed after a payment has been made. Loan Amortization / History Schedules are available to NewFirst loan customers for $5.00 per loan.
Merchant Services
Merchant Services at NewFirst provides business customers with both credit card and debit card processing for all major cards including: VISA, MasterCard, American Express, and Discover. Equipment is available and may be either leased or purchased at a competitive price. Additionally, through Merchant Services, check guarantee service is available, so business customers may accept checks without taking the risk and cost associated with returned checks. Contact any NewFirst location for details to establish Merchant Services.
Online Services
E – Corp / E-Banking
E - Corp allows account access 24 / 7. E-Corp provides qualified business customers with a sophisticated and flexible electronic cash management tool, with customized packages available.
The following services are available with E- Corp:
- Originate ACH transaction, such as company payroll, customer billing, tax and loan payments
- Cash concentration- transferring funds from various financial institutions via ACH into main corporate account.
- Internal transfer - between NewFirst accounts, to maximize earnings and cash flow
- Loan inquiry and payment
- Wire Transfer - domestic and international
- Balance reporting
- Stop Payment
- Set up multiple users and permission controls for specific transactions
- View current and previous bank statements
- View transactions including images of all debits, credits and deposited items
- Download into financial programs including QuickBooks, Quicken and Money
To learn more about E - Corp and how it will benefit you, visit any NewFirst location or preview E – Corp at the Online Education Center.
E - Statement
E-Statements are the same as a paper statement, only you can view them online, electronically.
- View confidential information and documents through NewFirst’s secure internet site and no longer worry about the possibility of identity theft or mail fraud.
- Safekeep E - Statements on E - Banking for future reference up to 12 months or store indefinitely on your own computer.
- Protect financial information and no longer worry about when and how to destroy paper statements.
- Receive E - Statements days before paper statements are received in the mail.
There is no fee for E – Statements and the maintenance fee on all personal checking accounts is reduced for customers enrolled in E - Statements. E-Statements are available to all NewFirst customers, both Personal and Business.
Remote Deposit
Remote Deposit utilizes a desktop scanner that connects to a PC and the Internet. With it, scan checks received from customers and issue deposits electronically to NewFirst National Bank, anytime day or night. It’s the quickest way to deposit funds into your account.
- Save time preparing deposits
- Consolidate funds from remote locations into one bank
- Cut costly courier fees or trips to the bank
- Reduce the risk of check fraud
Remote Deposit is available to certain qualified commercial customers that have an account with NewFirst and enrolled in E – Corp. To preview Remote Deposit, visit the Online Education Center.
Tellers
Cashier’s Checks & Money Orders
Cashier’s Checks and Money Orders may be issued by NewFirst National Bank and purchased with cash or collected funds. The maximum amount for Money Orders is $1,000.00.
The fees are as follows:
Cashiers Checks Money Orders
- Five Star Checking Account Free Free
- First Choice Checking Account Free Free
- Senior Star Checking Account Free Free
- NewFirst National Bank Customer $3.00 $1.00
Check-Cashing
NewFirst National Bank allows for non-customers to cash some types of checks. The Check-Cashing fee for a non-customer is $5.00 minimum or 2%.
Check Order
Clarke American is the preferred vendor for NewFirst
- Personalized checks ordered from outside vendor.
- Large variety of check designs are available
- Contact us at any of our convenient locations for a complete list of styles and pricing
- Reorders are available online or by phone directly with Clarke American
Gift Card
Giving the right gift just got easier with a MasterCard Gift Card from NewFirst National Bank. Gift Cards are $2.00 each.
- More flexible than gift certificates and gift cards from a single retailer
- As easy as using a credit card
- Can be used to make purchases at millions of locations worldwide displaying the MasterCard logo – including merchants, online and even mail or phone orders
Gift Check
American Express Gift Checks are a unique alternative to buying a gift and are accepted worldwide by merchants that accept American Express Travelers Cheques. American Express Gift Checks are $2.50 each.
- American Express Gift Checks are available in denominations of $25, $50 and $100
- Replaceable if lost or stolen
- No expiration date
Night Depository
A 24 / 7 Night Depository is available for NewFirst customers at all locations.
- Make payments or deposits after regular banking hours
- Payments and deposits are processed on the next business day
- Use of Night Depository is Free
- $15.00 key deposit – applies to business customers requiring Deposit Lock Bag opening
Temporary Checks
Temporary Checks are available for NewFirst customers at $1.00 per check.
Travelers Cheques
Travelers Cheques are accepted Worldwide and are a safe way to carry money when traveling. Travelers Cheques are available in $50 and $100 denominations. The fee for Single Signature Travelers Cheques is 1% and 1.50% for Checks for Two Travelers Cheques. Single Signature Traveler Cheques are available with the following accounts without a fee:
- Five Star Checking Account
- First Choice Checking Account
- Senior Star Checking Account
Uncoded Deposit Slips
Uncoded Deposit Slips are available to NewFirst business customers and will be charged $1.00 each to the account.
Vault Services
NewFirst National Bank’s Vault Services include deposit processing and coin and currency replenishment for commercial customers who have cash intensive businesses. The fees for Vault Services are $2.00 per $1,000.00 in currency and $.08 per coin roll.
Telebanking
Access to all account information 24 hours a day.
- English or Spanish
- Transfer of funds
- Free Statement Faxes
- Interest Rates
- Loan Payments
- Recent Debits / Credits
