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First Niagara adds options for small businesses

Rochester Business Journal
February 26, 2013

First Niagara Financial Group Inc. said Tuesday it has added two checking options for small businesses.

The Buffalo-based bank is offering an option for companies with $250,000 or less in monthly revenue, with 200 free transactions per month, no minimum balances required and no monthly fees.

A second option for small businesses allows 500 free transactions per month, with an average daily minimum balance of $5,000 to waive the $15 monthly maintenance fee, and tiered cash handling fees including the first $50,000 per statement cycle fee.

“First Niagara recognizes the importance of small business and has developed business checking products to save small-business owners money,” said Scott Fisher, managing director of retail channels, said in a statement.

(c) 2012 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


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