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.

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.

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First Preferred 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. 
• MONEY ORDERS AND CASHIER'S CHECKS will have no issue fee for First Preferred Account owners.
• VISA TRAVEL MONEY CARDS will have a discounted rate.
• 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 First Preferred 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 will begin to accrue on the business day you deposit noncash items (for example, checks) into your account.

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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 will begin to accrue on the business day you deposit noncash items (for example, checks) into your account. 
Transaction Limitations (per Regulation D): During any calendar month or statement cycle of at least four weeks, you may not make more than six withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction. No more than six transfers may be made by check, draft, debit card (if applicable) or similar order to a third party. If you exceed the transfer limitations set forth above in any statement period, your account will be subject to closure by the financial institution. 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.

Personal Account Application   Please complete and bring in to one our our 3 locations.

First State Bank's Debit Master Card

Debit MasterCard Application. (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.

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