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Statement Savings

USVI 1.866.695.2511
BVI 1.284.495.8899​​
Commercial Banking Deposit Accounts Savings Accounts Statement Savings
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​​​​Open your account today to start earning interest!

​​​​​​When it comes to improving your savings account, it’s important to know you can access your money whenever you need it.​​ That’s why the Statement Savings Account grants access without penalty (other than the loss of interest on the money you withdraw).​


With your Statement Savings Account you can:

  • Earn a competitive interest rate, accrued daily and paid monthly

  • Receive detailed monthly balance and transaction statements

  • Enjoy 24-hour access to your account through our FirstLine Solutions Center and eFirstBank services

To open an account, visit any of our branch locations and provide:

  • A copy of your business license, EIN/TIN number and two valid forms of ID

  • Completed signature cards and customer information sheet (provided at the branch)

  • Additional information, such as your Trade Name Certificate or application receipt (Sole Proprietorship or Partnership), Partnership Agreement and Partnership Certificate (Partnership), Articles of Incorporation, Certificate of Incorporation and Corporate Resolutions (Corporation)

  • A $500 minimum opening deposit​

  • For other business structures, estate or bankruptcy accounts, or Public Fund Entities, further information may be required

For all other account opening information, see our Business Account Checklist.

USVI 1.866.695.2511
BVI 1.284.495.8899​​

LEGAL USVI

Member FDIC for USVI and Puerto Rico only. This account can be opened by individuals and commercial businesses.The minimum average daily collected balance to avoid a monthly $5 account maintenance fee is $500. If the account is closed within 12 months of opening, the fee is $15. When an account has no transaction activity for the preceding 12 months, the monthly charge will be $5 if the account balance falls under $2,500.


LEGAL BVI

This account can be opened by individuals and commercial businesses. The minimum average daily collected balance to avoid a monthly $5 account maintenance fee is $500. If the account is closed within 12 months of opening, the fee is $15. When an account has no transaction activity for the preceding 12 months, the monthly charge will be $5 if the account balance falls under $2,500.

LEGAL USVI

Member FDIC for USVI and Puerto Rico only. This account can be opened by individuals and commercial businesses.The minimum average daily collected balance to avoid a monthly $5 account maintenance fee is $500. If the account is closed within 12 months of opening, the fee is $15. When an account has no transaction activity for the preceding 12 months, the monthly charge will be $5 if the account balance falls under $2,500.


LEGAL BVI

This account can be opened by individuals and commercial businesses. The minimum average daily collected balance to avoid a monthly $5 account maintenance fee is $500. If the account is closed within 12 months of opening, the fee is $15. When an account has no transaction activity for the preceding 12 months, the monthly charge will be $5 if the account balance falls under $2,500.​​

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Opening Account Notice:
Federal Law requires that all financial institutions obtain, verify, and keep records regarding the information that identifies all persons who open accounts. This means that when you open an account, we will ask for your name, address, date of birth and social security or tax identification number as well as other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents. In all cases, protection of our customers’ identity and confidentiality of their information is our commitment.

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