Corporate | Banking | Corporate Checking | NOW Account
A NOW (Negotiable Order of Withdrawal) account is an interest-bearing checking account that combines unlimited drafts and withdrawals with the interest-earning feature of a savings account.
First Tennessee offers a NOW account only for Government agencies and Public Fund agencies. All other businesses are eligible for the Business Interest Checking account.
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BUSINESSES: BE ON THE ALERT FOR WIRE FRAUD EMAIL SCHEMES - The FBI has recently issued a fraud alert regarding a business email compromise typically involving falsified instructions for wire transfers. For more information about this type of fraud and best practices for how to help minimize your company’s risk, please click the link below.
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Banking products and services are provided by First Tennessee Bank National Association. Member FDIC. First Tennessee Bank National Association, and its banking division, Peoples Bank, are the same FDIC-insured institution. Deposits held under each trade name are not separately insured, but are combined to determine whether a depositor owner has exceeded the $250,000 FDIC insurance limit. All First Tennessee non-interest bearing checking accounts are fully guaranteed by the FDIC through December 31, 2012.