Our Services

Business Banking with First National Bank

Business Checking and Savings Options

Account Name Service Charge Minimum Balance Interest Bearing Activity Charges Additional Features or Information
Business Checking $2.50 monthly, waived with minimum balance $200.00 N/A Per item charges may apply if minimum balance requirement is not met. Contact us for additional information. learn more
Small Business Interest Checking $10.00 monthly, waived with minimum balance $1,000.00 Yes N/A learn more
Business Money Market $7.50 monthly, waived with minimum balance $500.00 Yes, Tiered Rates N/A learn more
Business Savings $6.00 quarterly, waived with minimum balance $100.00 Yes N/A learn more

 (Printable From Home) Business Deposit Account Forms

New Account Form – Business

Debit card application 

Business VISA Credit Card Options

  • Visa Platinum Business Rewards
  • Visa Business Travel Rewards
  • Visa Platinum Business

Business End to End Payment Processing Solutions

  • Credit and Debit Card Processing
  • Electronic Check Services
  • Electronic Gift & Pre-paid Cards
  • Dynamic Currency Conversion (DCC)
  • Point-of-Sale Solutions
  • Reporting Tools
  • Support/Operations

Business Loan Options

Adequate financing is essential to every business no matter how large or small. Whether you need funds to establish or expand your business, purchase or lease equipment, for inventory or a building  First National Bank offers loans and lines of credit products to meet your needs.

You’ll benefit with:

  • One single point of contact for all your business needs
  • Financial solutions tailored to fit your business
  • Streamlined credit application processing

Small Business Loans – We offer a wide variety of small business loans to enable business growth and assist in meeting your business goals.
U.S. Small Business Administration Loans – Take advantage of our full line of SBA programs.
Lines of Credit – A small business line of credit gives your business quick access to cash, and maximizes its profitability.
Commercial Lending – First National Bank offers both traditional and non-traditional loans with financing options to help meet your unique business needs.
Commercial Real Estate – First National Bank’s Commercial Real Estate Lenders work to understand your objectives and deliver tailored financing solutions to help you meet them.
Equipment Financing – We offer a variety of solutions to meet the needs of your unique business.

(Printable From Home) Loan Applications

Consumer Credit Application

FYI – You can also check out our new online Mortgage Application Program by just clicking the link below and signing up!!


Mountain Iron, MN

8355 Unity Drive - PO Box 382 - Mountain Iron, MN 55768
Phone: (218) 749-3190 - Fax: (218) 749-3195

Buhl, MN

702 Seville Ave. - PO Box 706 - Buhl, MN 55713
Phone: (218) 258-3213 - Fax: (218) 258-4310

Children’s Online Privacy Protection Act (COPPA)
We do not knowingly collect personal information from individuals under the age of 13 without obtaining verifiable consent from their parents. We request that such individuals do not provide personal information through the services. For more information about the Children’s Online Privacy Protection Act (COPPA), visit the FTC website


FDICEqual Housing Lender

Privacy Notice

Federal law requires us to tell you how we collect, share, and protect your personal information. Our privacy policy has not changed and you may review our policy and practices with respect to your personal information here or we will mail you a free copy upon request if you call us at 218-749-3190.

Update to Regulation CC Thresholds

Starting July 1st 2020, inflation adjustments will impact the thresholds to “Regulation CC” as following:

  • $200 is changing to $225 (Note: the $200 amount is still referred to $100 in Reg CC). This amount is used on case-by-case holds and will impact most financial institutions.
  • $5,000 is changing to $5,525. This amount is used on certain special exception holds, such as large deposit holds, new account holds, and repeatedly overdrawn holds. This change will also impact most financial institutions.

Lost or Stolen ATM Card?

For lost or stolen Instant Cash and Check cards, please contact us at 218-749-3190.

After hours, please contact Instant Cash stolen card support at 800-535-8440 or 612-316-1484.