Community-based businesses are important contributors to the local economy. We want to help your business with a checking account that pays you back with an earnings credit to help offset monthly fees.

Earnings Credit and Eligibility

The earnings credit is equal to the 91-day U.S. Treasury Bill Yield, and is applied monthly to positive collected balances, less reserve requirements.

Entities that are eligible to open an FNB Commercial Checking account:

  • Corporations
  • Sole proprietors
  • Partnerships
  • Trusts
  • Government entities

Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006

The UIGEA, signed into law in 2006, prohibits any person engaged in the business of betting or wagering (as defined in the Act) from knowingly accepting payments in connection with the participation of another person in unlawful internet gambling. The Dept of Treasury and the Federal Reserve Board have issued a joint final rule, Regulation GG, to implement this Act.

As defined in Regulation GG, unlawful Internet gambling means to "place, receive or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the internet where such bet or wager is unlawful under any applicable Federal or State law in the State or Tribal lands in which the bet or wager is initiated, received or otherwise made".

As a customer of The First National Bank of Beeville these restricted transactions are prohibited from being processed through your account or banking relationship with us. If you do engage in an Internet gambling business and open a new account with us, we will ask that you provide evidence of your legal capacity to do so.

We'd love to see you at one of our locations.