 |
| First
Rewards Checking |
|
With First State Bank’s First Rewards Checking you have
access to your money 24 hours a day from any computer connected
to the Internet, and it’s all FREE.
Account Features
Check Writing: Unlimited
Minimum to Open Account: A minimum deposit of $100
is required to open a First Rewards Checking Account.
Minimum Balance Requirements: None
Service Charges: No service charges will be imposed
with this account.
Closing Account: If you close your account within the
first six months, you will be charged a $25 fee.
Interest: This is an interest bearing account.
The interest rate for your account is based on your daily
account balance. Rates are subject to change at the bank's
discretion.
The following rate tiers are applicable at this time.
When the First Rewards Checking requirements are met,
the interest rate on your account and corresponding annual
percentage yield (APY) are:
- Balances from $.01 to $25,000.00 earn an interest rate
equal to 5.41% with an annual percentage yield of 5.55%
- Balances from $25,000.01 and above earn an interest rate
equal to 3.24% with an annual percentage yield of 3.29%
When the First Rewards Checking requirements are not met,
the interest rate on your account and corresponding annual
percentage yield (APY) are:
- All balances earn an interest rate equal to .25% with
an annual percentage yield of .25%
"Qualification cycle" means a period beginning
one day prior to the current statement through one day prior
to the close of the current statement.
Eligibility Requirements
To qualify for First Rewards Checking rates, you must:
|
•
|
Make 10 debit card point of sale transactions per "qualification
cycle"
|
|
•
|
Receive your monthly statement electronically
|
|
•
|
Set up one direct deposit or one auto debit or one
online bill pay monthly
|
|
•
|
Access Online Banking at least once a month |
Fee Schedule
The following fees may be assessed against your account:
|
• |
$29.65 |
- |
Overdraft charge |
|
• |
$29.65 |
- |
Insufficient funds charge |
|
• |
$30.00 |
- |
Stop payment request |
|
• |
$2.00 |
- |
Official check charge |
|
• |
$2.00 |
- |
Photocopy of check |
|
• |
$75.00 |
- |
per hour - Account research charge |
|
• |
$15.00 |
- |
per hour - Account balancing assistance
after first occurrence |
|
• |
Varies |
- |
Check printing fee depends on style of
checks ordered |
The following services are available to you when you open
a First Rewards Checking Account with First State Bank:
| |
• |
Free
online banking |
| |
• |
Free online bill pay |
|
• |
ATM/debit card |
|
• |
E-mail statements |
|
• |
Access to First State Bank's ATM |
|
• |
Free
telephone banking |
|
• |
Free trial pack of checks (50) |
|
• |
Monthly statement without check images |
|
• |
Direct deposit |
|
• |
Notary service |
|
• |
FDIC insured |
Contact
us or stop by one of our branches
today for more information, to check current rates and fees,
or to set up your First Rewards Checking Account.
 |
| First
Free Checking |
With First State Bank’s First Free Checking
you have access to your money 24 hours a day from any computer
connected to the Internet, and it’s all FREE.
Account Features
Check Writing: Unlimited
Minimum to Open Account: A minimum deposit of $100 is
required to open an First Free Checking Account.
Minimum Balance Requirements: None
Service Charges: No service charges will be imposed with
this account.
Closing Account: If you close your account within the
first six months, you will be charged a $25 fee.
Interest: This is NOT an interest bearing account.
Fee Schedule
The following fees may be assessed against your account:
|
• |
$29.65 |
- |
Overdraft charge |
|
• |
$29.65 |
- |
Insufficient funds charge |
|
• |
$30.00 |
- |
Stop payment request |
|
• |
$2.00 |
- |
Official check charge |
|
• |
$2.00 |
- |
Photocopy of check |
|
• |
$75.00 |
- |
per hour - Account research charge |
|
• |
$15.00 |
- |
per hour - Account balancing assistance
after first occurrence |
|
• |
Varies |
- |
Check printing fee depends on style of
checks ordered |
The following services are available to you when you open
an First Free Checking Account with First State Bank:
| |
• |
Free
online banking |
| |
• |
Free online bill pay |
|
• |
ATM/debit card |
|
• |
E-mail statements |
|
• |
Access to First State Bank's ATM |
|
• |
Free
telephone banking |
|
• |
Free trial pack of checks (50) |
|
• |
Monthly statement without check images |
|
• |
Direct deposit |
|
• |
Notary service |
|
• |
FDIC insured |
Contact
us or stop by one of our branches
today for more information, to check current rates and fees,
or to set up your First Free Checking Account.
|
| First
Advantage Checking |
Need your checking account to work for you by
paying you interest? Try out First State Bank’s First Advantage
Checking. If you tend to keep a higher balance in your checking
account, First State Bank’s First Advantage Checking Account
will pay you interest on that balance if certain requirements
are met.
Account Features
Minimum to Open Account: A minimum deposit of $500 is
required to open a First Advantage Checking Account.
Minimum Balance Requirements: You will not be subject
to a service charge if you maintain either a minimum daily balance
of $1,500 or have a minimum average daily balance of $2,500
for the monthly statement cycle. If your balance falls below
these minimum levels, an $8 monthly service charge will apply.
Closing Account: If you close your account within the
first six months, you will be charged a $25 fee.
Interest: This is an interest bearing account.
|
• |
Interest is earned on balances over $1,500 |
|
• |
Simple interest begins accruing on the business day
credit is received for the deposit |
|
• |
Interest compounds monthly |
|
• |
Interest credits to the account monthly |
|
• |
Interest is forfeited if account is closed before credited |
|
• |
Rates are subject to change without notice. Contact
us for the current rates. |
Fee Schedule
The following fees may be assessed against your account:
|
• |
$29.65 |
- |
Overdraft charge |
|
• |
$29.65 |
- |
Insufficient funds charge |
|
• |
$30.00 |
- |
Stop payment request |
|
• |
$2.00 |
- |
Official check charge |
|
• |
$2.00 |
- |
Photocopy of check |
|
• |
$75.00 |
- |
per hour - Account research charge |
|
• |
$15.00 |
- |
per hour - Account balancing assistance
after first occurrence |
|
• |
Varies |
- |
Check printing fee depends on style of
checks ordered |
The following services are available to you when you open
a First Advantage Checking Account with First State Bank:
| |
• |
Free
online banking |
| |
• |
Free online bill pay |
|
• |
ATM/debit card |
|
• |
E-mail statements |
|
• |
Free
telephone banking |
|
• |
Free trial pack of checks (50) |
|
• |
Monthly check imaging statements |
|
• |
Direct deposit |
|
• |
Notary service |
|
• |
FDIC insured |
Contact
us or stop by one of our branches
today for more information, to check current rates and fees,
or to set up your First Advantage Checking Account.
|
| First
Choice Select Checking |
|
Another checking account option that earns interest is First
State Bank's First Choice Select checking account.
Account Features
Check Writing: Unlimited
Minimum to Open Account: A minimum deposit of $100
is required to open a First Choice Select Checking Account.
Minimum Balance Requirements: You must maintain a minimum
balance of $1,000 in the account each day to obtain the disclosed
annual percentage rates. No interest will be paid for any
days that your daily balance falls below the minimum during
your monthly statement cycle
Interest: This is an interest bearing account.
|
• |
Interest is earned on balances over $1,000 |
|
• |
A daily balance method is used to calculate the interest
on your account, which applies a daily periodic rate to
the principal in the account each day |
|
• |
Interest begins accruing on the business day credit
is received for the deposit of non-cash items (i.e.: checks) |
|
• |
Interest compounds monthly |
|
• |
Interest credits to the account monthly on the last
day of your statement cycle |
|
• |
Interest is forfeited if account is closed before credited |
|
• |
Rates are subject to change without notice. Contact
us for current rate. |
Membership: There is an $8 membership fee for this account.
Closing Account: If you close your account within the
first six months, you will be charged a $25 fee.
Fee Schedule
The following fees may be assessed against your account:
|
• |
$29.65 |
- |
Overdraft charge |
|
• |
$29.65 |
- |
Insufficient funds charge |
|
• |
$30.00 |
- |
Stop payment request |
|
• |
$2.00 |
- |
Photocopy of check |
|
• |
$75.00 |
- |
per hour - Account research charge |
|
• |
$15.00 |
- |
per hour - Account balancing assistance
after first occurrence |
The following services are available to you when you open
a First Choice Select Checking Account with First State Bank:
| |
• |
Free
online banking |
| |
• |
Free online bill pay |
|
• |
Free
telephone banking |
|
• |
Free club account personal checks |
|
• |
Identity Theft Protection |
|
• |
Prescription Card |
|
• |
Vision Card |
|
• |
Free Official Checks |
|
• |
Free Traveler checks |
|
• |
ATM/debit card |
|
• |
E-mail statements |
|
• |
Access to First State Bank's ATM |
|
• |
Monthly check imaging statements |
|
• |
Direct deposit |
|
• |
Notary service |
|
• |
FDIC insured |
Contact
us or stop by one of our branches
today for more information, to check current rates and fees,
or to set up your First Choice Select Checking Account.
|
| 50
First Select Checking |
If you are age 50 or older and you’re looking
for a checking account option that earns interest, then First
State Bank’s 50 First Select Checking Account could be
for you.
Account Features
Check Writing: Unlimited
Minimum to Open Account: A minimum deposit of $100 is
required to open a 50 First Select Checking Account.
Minimum Balance Requirements: There are no minimum balance
requirements for this account.
Interest: This is an interest bearing account.
|
• |
Interest is earned on entire balance. |
|
• |
A daily balance method is used to calculate the interest
on your account, which applies a daily periodic rate to
the principal in the account each day |
|
• |
Interest begins accruing on the business day credit
is received for the deposit of non-cash items (i.e.: checks) |
|
• |
Interest compounds monthly |
|
• |
Interest credits to the account monthly on the last
day of your statement cycle |
|
• |
Interest is forfeited if account is closed before credited |
|
• |
Rates are subject to change without notice. Contact
us for current rate. |
Membership: There is NO membership fee.
Closing Account: If you close your account within the
first six months, you will be charged a $25 fee.
Fee Schedule
The following fees may be assessed against your account:
|
• |
$29.65 |
- |
Overdraft charge |
|
• |
$29.65 |
- |
Insufficient funds charge |
|
• |
$30.00 |
- |
Stop payment request |
|
• |
$3.00 |
|
Photocopy of statement |
|
• |
$2.00 |
- |
Photocopy of check |
|
• |
$75.00 |
- |
per hour - Account research charge |
|
• |
$15.00 |
- |
per hour - Account balancing assistance after first
occurrence |
The following services are available to you when you open
a 50 First Select Checking Account with First State Bank:
| |
• |
Free
online banking |
| |
• |
Free online bill pay |
|
• |
Free
telephone banking |
|
• |
Free club account personal checks |
|
• |
ATM/debit card |
|
• |
E-mail statements |
|
• |
Access to First State Bank's ATM |
|
• |
Monthly check imaging statements |
|
• |
Direct deposit |
|
• |
Notary service |
|
• |
FDIC insured |
Contact
us or stop by one of our branches
today for more information, to check current rates and fees,
or to set up your 50 First Select Checking Account with First
State Bank.
|
|
|
