Property Management Accounts
At First Choice Bank, we understand the banking challenges that property managers face. Our Property Management Banking program includes a comprehensive array of products and services, as well as access to a team of bankers with knowledge and experience in the industry.
Whether it’s helping you handle your day-to-day operations or providing you a comprehensive financial solution for your Property Management Trust accounts, First Choice Bank is committed to making it easy!
Online Banking
- Wire Transfers
- ACH Origination
- Fraud Protection
Deposit Services
- Lockbox Services
- Armored Courier
- RDC
FDIC Insurance Coverage
- CDARS and DDM program for FDIC coverage
| Services Available | PM Banking | PM Banking Plus* |
|---|---|---|
| Online Banking | • | • |
| Mobile Banking | • | • |
| Electronic Statements | • | • |
| Visa® Debit Card | • | • |
| Mastercard® Credit Card (TIB) | • | • |
| Merchant Services (UMS) | • | • |
| ACH Origination | • | • |
| Positive Pay - Fraud Prevention | • | • |
| ACH Positive Pay - Fraud Prevention | • | • |
| Lockbox | • | • |
| Online Wire Transfers | • | Wires Discounted |
| Remote Deposit Capture | • | First 3 scanners Free |
| Analysis Earning Credit Rate | Up to 1.25% | Up to 1.75% |
| Business Line of Credit | n/a | Up to $50,000.00 |
| APM Help Consultation | n/a | Up to 1-hour included |
* PM Banking Plus requires a checking account with a minimum balance of $250,000.00
We’ve partnered with APM Help to provide you with the additional resources to manage your accounts and properties. The APM Help Team is comprised of experts and CPAs knowledgeable in Appfolio and Propertyware. APM Help services include On-Demand Consulting, Daily Bank Audits and Daily Audits.
APM Help is not a First Choice Bank affiliate.