Investment Deposit AccountsFirst Foundation Bank offers a wide variety of investment deposit accounts for your unique business banking requirements. Money Market Accountsare designed for businesses seeking to invest funds that can be transferred to other accounts when necessary. These FDIC-insured accounts earn higher interest rates as account balances increase.View Comparison Chart Business Private Access Money MarketOur Money Market account earns higher FDIC interest rates than traditional statement savings accounts while preserving liquidity. Business Ultra Access Money MarketOur Ultra Money Market account consistently pays our highest interest rate to clients using First Foundation affiliates as their primary source for financial and banking services. Ask My Private Banker how you can qualify for this account. Certificates of DepositOur certificates allow you to earn a fixed rate of return for a set period of time. They are available as investments for individuals; businesses; contributory and rollover IRAs; CESAs; Roth IRAs and SEPs. Our liquid certificates of deposit allow you to earn a fixed rate of return for the term of the certificate and the ability to periodically withdraw funds when you need them, without an early withdrawal penalty, when conditions and terms are met. For more information, download our Certificate of Deposit product information sheet (PDF) Certificate of Deposit Account Registry Service (CDARS)Certificate of Deposit Account Registry Service (CDARS) is offered by First Foundation Bank to provide our clients with access to full FDIC insurance coverage on Certificates of Deposit investments of up to $50 million. Business Investment Deposit AccountsFor more information, download our Business Investment Deposit Accounts product information sheet (PDF)
1. Transaction Limitations
- Deposits of any amount are allowed at any time. Withdrawals made in person or by our check payable to
the account holder when conducted by messenger or mail are unlimited.
Preauthorized transfer, electronic payments, telephone withdrawals, overdraft protection
transfers, check, point-of-sale or any similar withdrawal, and Private Access Online Banking transfers, are limited by
Regulation D to six per month or monthly statement period.
2. Certificates of Deposit - Subject to early withdrawal penalties and other conditions. Please see the CD disclosure for complete terms and conditions. 3. Fee Schedule - Please see Business Service Fee Schedule for comprehensive listing of all fees. 4. Interest Paid - Ask My Private Banker for current interest rate information. Certificates of Deposit
1. Transaction Limitations
- Additional deposits of any amount are not allowed at any time.
2. Certificates of Deposit - Subject to early withdrawal penalties and other conditions. Please see Certificate of Deposit Agreement for terms and conditions. 3. Private Access Liquid CD - All withdrawls must be made in person at the Office unless we agree, at our option, to another method. Withdrawals are allowed from The Private Access Liquid CD account beginning 7 calendar days after the account is opened. There is no penalty for withdrawals when the withdrawals are spaced at least 7 days apart, and two or fewer withdrawals occur during its term and a minimum balance of $50,000 is maintained until maturity. Refer to the Certificate of Deposit Agreement for terms and conditions. 4. Interest Paid - Ask your Private Banker for current interest rate information. 5. Withdrawals During Term - Minimum withdrawal transaction amounts are the lower of $100,000 or 10% of the Liquid CD's balance. |
