Free Checking

Take advantage of our FREE checking account option- no minimum balance or monthly service fee.

Account Features:

• • • • Minimum opening deposit $50
      • Monthly Service fee $0
      • No minimum balance required
      • Paper and E-statements (no images available)
      • 50 free checks
      • No debit card available for this account

Regular Checking

A checking account designed for easy access to your money with low balance minimums and unlimited check writing.

Account Features:

• • • Minimum opening deposit $100
    • Monthly service fee $5 – may be waived by maintaining a minimum daily balance of $400 or more.
    • Below $400 minimum daily balance-tiered monthly service fee as follows:

$300 to $400 minimum daily balance…. $3.00

$200 to $300 minimum daily balance…. $4.00

$0 to $200 minimum daily balance…. $5.00

• • • Paper or E-statements

***The monthly service fee is waived for Students and Seniors (age 62+) ***

NOW Account

An interest-bearing checking account for those who write numerous checks and keep a moderate balance.

Account Features:

• • • minimum opening deposit $1000
    • Monthly service fee $6 – may be waived by maintaining an average daily balance/or minimum daily balance of $1000.
    • If the minimum average daily balance/or minimum daily balance is $1,000 or greater, this account earns interest at the current rate set by the Bank. Interest is compounded monthly and credited monthly.
    • Available to Individuals, Qualified Non-Profit, Trust Funds, Estate Funds, Government Entities, and Sole Proprietorships only.
    • Paper or E-statements

Super Now Account

An interest-bearing checking account for those who write numerous checks and keep a moderate balance.

Account Features:

• • • Minimum opening deposit $2000
    • Monthly service fee $6 – may be waived by maintaining an average daily balance/or minimum daily balance of $1000.
    • Tiered interest rates are available at the current rate set by the Bank with interest credited monthly and compounded monthly.
    • Available to Individuals, Qualified Non-Profit, Trust Funds, Estate Funds, Government Entities, and Sole Proprietorships only.
    • Paper or E-statements

All First State Bank Consumer Checking Account customers have access to no-fee, 24-hour touch-tone banking, no-fee Online and Mobile Banking, and no-fee Internet Bill-Payment Service. Qualified account holders may receive a Mastercard ATM/debit card with chip technology. Ask a First State Bank representative for details.

Regular Savings

Build your short-term savings with our basic deposit account.

Account Features

• • • minimum opening deposit $100
    • Monthly service fee $5 – may be waived with a minimum daily balance of $10.
    • No minimum balance required to receive interest. Interest is compounded daily and credited quarterly.

Other requirements:

One withdrawal per monthly statement cycle, 3 per quarterly cycle are permitted and a $2 per excess transaction fee will be assessed if transaction limits are exceeded.

Fast Start Savings

Saving for a specific goal? Accelerate your savings with Fast Start Savings.

Account Features

• • • Minimum opening deposit $200
    • Monthly service fee $5 – may be waived with a minimum daily balance of $200.
    • $200 minimum daily balance required to receive interest – Interest is compounded daily and credited quarterly.
    • $2500 maximum balance – when balance exceeds $2500, interest stops accruing; interest accrued to that date will be paid at the end of statement cycle.

 Other requirements:

Three withdrawals per quarterly statement cycle are permitted and a $7.50 per excess transaction fee will be assessed if transaction limits are exceeded.

Money Market Deposit Account (MMDA)

A money market is the best of checking and savings. Write checks or watch your money grow with competitive interest.

Account Features

• • • Enjoy flexibility with enhanced access to funds, including direct check writing: Unlimited over-the-counter withdrawals 6 free transactions per month by pre-authorized automatic, telephone, checks, drafts, or other similar order; $10 per transaction in excess thereafter.

CDs

A little patience can lead to a big payout.

CDs are interest-bearing deposit accounts for individuals that wish to earn a greater rate of interest than available through a regular savings account. Lock in a fixed interest rate on your funds in exchange for agreeing to keep the specified amount of funds in the account for a certain period of time (term).

Terms:

• • • Terms range from 1 month to 3 years
    • $1000.00 minimum to open.
    • No monthly service fee
    • Account must stay open through the contracted term to avoid an early withdrawal penalty.
    • Interest rates offered vary with market conditions and paid at term maturity or annually whichever comes first.
    • Interest earned may be paid by check, deposited into a First State Bank checking or savings account, or re-deposited into your CD.

Other Requirements:

Funds in a CD can be withdrawn at any time, however withdrawals made before maturity are subject to an early withdrawal penalty (half the term’s interest that would have accrued). At maturity, there is a 10-day grace period during which funds can be taken out or added without penalty.

IRAs

Individual Retirement Accounts (IRAs) are special tax-deferred savings plans authorized by the federal government to encourage you to accumulate money for retirement. First State Bank offers Certificates of Deposit as an investment vehicle for IRAs. You may invest in one IRA CD or a series of IRA CDs with varying maturities. We can set up your IRA CD to pay a monthly, quarterly, or annual distribution amount by check, deposited into a First State Bank checking or savings account. Please contact us for more details.

Terms:

• • • Terms range from 6 months to 2 years
    • $1000.00 minimum to open
    • No monthly service fee
    • Account must stay open through the contracted term to avoid an early withdrawal penalty.
    • Interest rates offered vary with market conditions and paid at term maturity or annually whichever comes first.
    • Interest earned may be paid by check, deposited into a First State Bank checking or savings account, or re-deposited into your CD.

Care must be taken when dealing with IRAs and retirement plans to make certain that all tax consequences are considered. Consult with your tax advisor for more details about the use of IRAs and your eligibility to use this valuable retirement planning tool.

Whether you’re looking for something fun like a boat or RV, or a necessity like home improvement or a car, First State Bank’s experienced lenders are here to help you achieve your goals.

Loans:

• Auto Loans
• RV, Motorcycles and Boats
• Secured Loans
• Unsecured Loans

Contact a First State Bank Lender Today!

Contact a Lender Today