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 Horizon Bank offers a NOW account only for government agencies and public fund agencies. All other businesses are eligible for the Business Interest Checking account.
Product Features
- Competitive interest earned on balance
- Unlimited withdrawals in the form of checks and drafts
- Free access to BusinessConnectSM and TreasuryConnectSM
- 24/7 service and support
Product Benefits
- No minimum balance requirements
- Account is FDIC insured, up to $250,000
