Helping you change things for the better

Accounts and Services

First State Bank provides a wide variety of accounts and services--all designed to fit your needs.

FSB SERVICE LIST AND CHARGES

Effective 10-1-13, last changed 4-1-13

PERSONAL AND NON-PROFIT CHECKING ACCOUNTS

FREE CHECKING- No service charge.  First 50 printed checks free.  Detailed statement available monthly.  Check copies $3.00 each.  Overdraft/Returned fees $29 per check.

STUDENT FREE CHECKING- No service charge.  First 50 printed checks free.  Detailed statement available monthly.  Check copies $3.00 each.  Overdraft/Returned fees $29 per check.  No monthly debit card fee.

REGULAR CHECKING- No service charge if $500 balance maintained.  If balance falls below $500, service charge is $8.00 per month.

 

SPECIAL CHECKING- No minimum balance required with a monthly maintenance fee of $6 (formerly $5).  Ten (10) free debits are allowed; $0.50 per debit for every debit over 10.

SENIOR CHECKING- For those 55 and older.  No service charge.  No minimum balance.

CLUB ACCOUNT- $10 per month service charge.  Up to 600 free checks per year, plus other discounts and services.  One free money order per transaction.  One free Cashier’s Check per month.  $12,000 AD&D insurance.

NON-PROFIT ORGANIZATION ACCOUNT- No service charge.  Special services to serve the distinct financial needs of non-profit organizations.

 

COMMERCIAL CHECKING ACCOUNTS

BUSINESS CHECKING- Earnings credit based on 3-month T-Bill rate, can offset charges of 15¢ per ledger entry (checks or deposits), 9¢ per transit item (formerly 8¢) (checks deposited or cashed), $9 monthly maintenance charge.

SMALL BUSINESS CHECKING- No service charge if average collected monthly balance is greater than $5,000; otherwise, $10/month charge includes 50 ledger entries (checks or deposits, with excess charged @ 20¢ each), and 50 free transit items deposited, with excess charged @ 10¢ each.

 

INTEREST BEARING ACCOUNTS

NOW CHECKING- Interest is paid monthly on balance of $1000 and more; varies based on 3-tiered rate.  Rate is variable and can change weekly.  If balance falls below $1,000, $8.50 month service charge.  Up to 30 debits per month free; 15¢ per excess debit.

NOW CLUB- NOW Account with the benefits of Club Account; $10 per month service charge (see Club charges/info above).

SUPER NOW CHECKING- Interest is paid monthly on balances of $2500 and above; varies based on three tiered rate.  Rate is variable and can change weekly.  If balance falls below $2500, $8.50 month service charge and interest paid at NOW rate.  Up to 30 debits per month free; 15¢ per excess debit.

SUPER NOW CLUB- Super NOW Account with the benefits of Club Account.  $10 per month service charge (see Club charges/info above).                               

 MONEY MARKET SAVINGS- Money market rate, subject to change weekly, paid on balances of $2,500 and higher, with a tiered rate.  If balance falls below $2,500, $10/month (formerly $9) service charge and rate drops to NOW rate.  Withdrawals limited by law to a total of six checks and transfers per month.  Excess withdrawals charged at $10 each.  If commercial account purpose, 8¢ per transit item (cashed or deposited)

COMMERCIAL INTEREST CHECKING ACCOUNT- Tiered rate based on average collected monthly balance, 15 cents per ledger entry (checks or deposits), 9¢ (formerly 8¢) per transit item (checks deposited or cashed), $9 monthly maintenance charge.

INVESTMENT ACCOUNT- Minimum balance of $25,000.  If balance falls below minimum, $10 fee; 3-tier rate, based on 3 month T-bill rate.  One withdrawal allowed per month.  Excess withdrawals charged at $10 each.

PRIME PLUS 30 ACCOUNT - For depositors with over a 30-year relationship with FSB.  Same features as the Investment Account, with a preferred 3-tier rate.

PATRIOT ACCOUNT - For depositors who have served in the US military.  Same features as the Investment Account, with a preferred 3-tier rate.

PASSBOOK SAVINGS - Interest is accrued daily and paid quarterly on collected daily balance.  No interest paid on balances less than $100.  Service Charge is $2/month (or $6/quarter if quarterly statement) if average collected balance is less than $100.  After one withdrawal per month (or three per quarter if quarterly statement), $1.50 service charge/withdrawal. 

MINOR PASSBOOK SAVINGS –  Interest is accrued daily and paid quarterly on collected daily balance.  No interest paid on balances less than $25.  After one withdrawal per month (or three per quarter if quarterly statement), $1.50 service charge/withdrawal.  Account changes to regular Passbook Savings within one month of when minor turns 18.

                                                                                                                

 

Click here for a list of Fees and Charges