Personal Checking

Checking Accounts

Personal Checking
Minimum balance to open this account - You must deposit $200.00 to open this account. 
Minimum balance to avoid imposition of fees - On any day in the monthly statement cycle a maintenance fee will be imposed as follows:

Thrift Checking
Minimum balance to open the account - You must deposit $200.00 to open this account. 
Fees: A maintenance fee of $3.00 will be charged each statement cycle. An excess withdrawal fee of $.50 will be charged for each check or other withdrawal in excess of 10 during the statement cycle.

First Value Checking
Minimum balance to open the account - You must deposit $200.00 to open this account. 
Fees: A maintenance fee of $3.00 will be charged each statement cycle. An excess withdrawal fee of $1.00 will be charged for each withdrawal in excess of 3 during the statement cycle. 
Withdrawals: Withdrawals can be made over the counter, by using an ATM card or by preauthorized transfer. No checks will be issued on this account.

Senior Citizens Checking – (AGE 62 OR OLDER)
Minimum balance to open the account - You must deposit $200.00 to open this account. 
Fees: An excess withdrawal fee of $.50 will be charged for each check or other withdrawal in excess of 20 during a statement cycle.

^ back to top

First Preferred Club Plan Checking

• UNLIMITED CHECK WRITING with no minimum balance requirement. 
• DISTINCTIVE PERSONALIZED CHECKS will be provided to you. You will also have the option of purchasing another style of your choice at cost.
• ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE on individual account owner. Additional coverage or family coverage available for additional charge. Reduced 50% at age 70.
• SAFE DEPOSIT BOX DISCOUNT will be available to you. This 10% discount applies to the rental price of any safe deposit box depending on availability. 
• REDUCED RATES ON INSTALLMENT LOANS for First Preferred Account owner. When you qualify for auto, boat, home improvements or personal loans for $5,000 or more, you will receive a ¼% reduction off the maximum percentage rate and the payment will be automatically deducted from your account.
• TRAVELER'S CHEQUES, MONEY ORDERS AND CASHIER'S CHECKS will have no issue fee for First Preferred Account owners.
• NOTARY SERVICE. We will notarize your signature whenever needed. (We cannot notarize Wills or Living Wills.)
• AUTOMATIC FUNDS TRANSFER may be authorized for regular transfers from checking to savings accounts.

Minimum balance to open the account - You must deposit $200.00 to open this account. 
Fees: A monthly maintenance fee for this account will be based on the amount of insurance the account holder chooses to purchase. The amount of the fee will be determined as follows:

Upon signing the application for membership, you do hereby agree to accept the following terms and conditions.

• You shall maintain a personal checking account with the Bank until such time as this agreement is terminated as herein provided.
• You will pay and do hereby authorize the Bank to deduct from your personal checking account the monthly membership fee as follows:
  
  

  $10,000 Individual	$ 9.00
  $20,000 Individual	$10.00
  $30,000 Individual	$11.00
  $10,000 Family	$ 9.50
  $20,000 Family	$10.50
  $30,000 Family	$11.50

• You may cancel this First Preferred Account agreement at any time upon seven days written notice to the Bank and payment of all obligations hereunder to the Bank. The Bank may cancel this agreement at any time, without notice, if you fail to abide by the provisions and terms herein set forth, or if your personal checking account is garnished by legal process. The agreement is also cancelled if at any time the account balance is not a positive balance, or the account is closed.

Super Now Checking – Rates Board

Rate information - Your interest rate and annual percentage yield may change. 
Frequency of rate changes - We may change the interest rate on your account at any time. 
Determination of rate - At our discretion, we may change the interest rate on your account. 
Compounding and crediting frequency - Interest will be compounded every month. Interest will be credited to your account every month. 
Effect of closing an account - If you close your account before interest is credited, you will not receive the accrued interest. 
Minimum balance to open the account - You must deposit $1,000.00 to open this account. 
Minimum balance to avoid imposition of fees - A maintenance fee of $15.00 will be imposed every statement cycle if the balance in the account falls below $1,000.00 any day of the cycle. 
Minimum balance to obtain the annual percentage yield disclosed - You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield. 
Daily balance computation method - We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. 
Accrual of interest on non-cash deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).

^ back to top

Money Market Checking – Rates Board

Rate information - Your interest rate and annual percentage yield may change. 
Frequency of rate changes - We may change the interest rate on your account at any time. 
Determination of rate - At our discretion, we may change the interest rate on your account. 
Compounding and crediting frequency - Interest will be compounded every month. Interest will be credited to your account every month. 
Effect of closing an account - If you close your account before interest is credited, you will not receive the accrued interest. 
Minimum balance to open the account - You must deposit $1,000.00 to open this account. 
Minimum balance to avoid imposition of fees - A maintenance fee of $10.00 will be imposed every statement cycle if the balance in the account falls below $1,000.00 any day of the cycle. 
Minimum balance to obtain the annual percentage yield disclosed - You must maintain a minimum balance of $1,000.00 in the account each day to obtain the disclosed annual percentage yield. 
Daily balance computation method - We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. 
Accrual of interest on non-cash deposits - Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks). 
Transaction Limitations (per Regulation D): Preauthorized transfers are limited to six per month, no more than three of which may be by check, draft, debit card, or similar order made to third parties. Types of transactions that fall within the six per month limitation are ACH debits and transfers from MMKT savings at the telephone request of the customer made directly to a bank employee. Types of transactions that fall within the three limitation are checks payable to third parties and transactions made with a ATM/Debit (point-of-sale) card. The following types of transfers are permissible in unlimited numbers: preauthorized transfer for the purpose of paying loans at the same institution, transfers or withdrawals made by mail, messenger, ATM or in person (withdrawals and transfers to another account of the depositor at the same institution), and withdrawals initiated by telephone and consummated by a check mailed to the depositor. There is no limit on the number of deposits that can be made by any method. Fees: An excess withdrawal fee of $10.00 will be charged for each check or other withdrawal in excess of six during a statement cycle.

First State Bank's Debit Master Card

APPLICATION ONLINE. (Adobe Acrobat Reader required, download here for free.)

"Use Debit MasterCard to make the most of your valuable time."

Benefits

• Pay for everything with the First State Bank Debit MasterCard, the one card you can use like your checkbook.
• The Debit MasterCard is as easy to use as a credit card and the money you spend is deducted directly from your checking account - without the usual hassles often associated with writing a check.
• The Debit MasterCard is accepted at millions of locations worldwide, no payment card is more widely accepted globally than MasterCard with 1,000,000 worldwide ATM’s, which eliminates the need to carry a lot of cash or your checkbook.
• The First State Bank Debit MasterCard can reduce your cost of ordering checks and you can keep track of spending much easier because all the transactions are listed on your monthly statement.

Costs
The is NO Annual Fee. Your normal checking account and associated ATM fees will still apply.

^back to top