We make business banking simple with a variety of loan products, as well as checking, savings and money market accounts. In addition, we offer Certificates of Deposit, IOLTA accounts, Merchant Card services and a lot more.
Business Checking
At 1st Colonial, you can choose the checking account that best meets your needs: Regular Business Checking or a Business Money Market Account. They're both designed to meet your needs and minimize your costs. No matter which account you choose, you'll get our free Telephone Banking.
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IOLTA Accounts
Attorneys in New Jersey are required to open and maintain an IOLTA (Interest On Lawyers Trust Accounts Fund) account. Our IOLTA accounts meet all State requirements and earn a variable rate of interest provided you maintain a minimum daily balance. There is no limit to the number of transactions you can have each month.
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Merchant Services
We offer a range of merchant services including card services, night depository, bulk cash processing, coin and currency ordering, and more.
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Business Loans
At 1st Colonial we offer several types of business loans at competitive rates. No matter what your business need, we have a loan product to help. Choose from commercial mortgages, construction loans, lines of credit, equipment and vehicle financing and more. Call us today at (856) 858-1100.
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Government Banking
Our elemental structural approach to government banking is highlighted below.
- Accounts are opened as interest bearing transaction accounts. There is, therefore, no need for complicated sweeps, and deposits are available the next day. All deposits are insured by FDIC and GUDPA.
- We do not assess service charges on governmental accounts and we do not require compensating balances.
- Our systems are compatible with most software and hardware used by our customers.
- We also will provide daily courier service free of charge.
- The President and CEO will marshall all of the bank's resources to see to it that these accounts are well served.
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