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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In 2014, First Tennessee received “A” or “A+” grades from Phoenix-Hecht in 21 treasury management categories, including customer service, product features, and overall relationship manager effectiveness.
© 2015 First Tennessee Bank
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.