Accounts

At FSB we know that our customer’s individual needs vary greatly and as such we offer many account options. Everything from checking accounts to CD’s. Contact us today to ask about how we can meet your needs!

Personal Accounts Minimum Opening Deposit Interest Earned SHAZAM Chek Card Monthly Service Charge Additional Benefits
Student Checking $50.00 None Yes None Free Online banking & Bill Pay. E-statement required. Maximum age of 24
Freedom One Checking $50.00 None Available None Free Online banking & Bill Pay. E-statement required.
Regular Checking $50.00 None Yes Fee of $5.00 plus tax if daily bal falls below $1,000 Unlimited Check Writing Free Online banking & Bill Pay. E-statement or paper statement. *
First Advantage Checking $50.00 Interest earned on daily bal of $1,000 or more Yes Fee of $9.00 plus tax Unlimited Check Writing. Free Checks. Free notary & Stop Payment service. Free Money Orders & Cashires Checks Accidental Death & Dismemberment Ins. Free Online banking E-statement or paper statement.*
NOW Checking $50.00 Interest earned on daily balances Available Fee of $8.00 plus tax if daily bal falls below $1,000 Unlimited Check Writing Free Online banking & Bill Pay. E-statement or paper statement. *
Star Saver
Kids Klub
$5.00 Interest earned on daily balances None None Kids 12 and Under
Gift when opening account.
Collect deposit stamps to redeem for prizes.
Birthday present.
Special member events.
Star saver of the month drawing winner receives cash prize.
Regular Savings $50.00 Interest earned on daily balances None Fee of $1.00 plus tax if daily bal falls below $50 Free Online banking. E-statement or paper statement.
Christmas Club Savings $50.00 Interest earned on daily balances None None Free Online banking. E-statement or paper statement. Maturity date is Oct. 31st each year with a distribution to account holder for balance in account.
Investment Access Fund $1000.00 Interest earned on daily bal of $1,000 or more Available None Free Online banking. E-statement or paper statement .

* $2.00/month discount if E-statement chosen.

Business Accounts Minimum Opening Deposit Interest Earned SHAZAM Chek Card Monthly Service Charge Additional Benefits
Business Checking $50.00 None Available Fee of $5.00 plus tax if daily bal falls below $1,000 Unlimited Check Writing Free Online banking & Bill Pay. E-statement or paper statement. *
Business Interest Checking (BIC) $50.00 Interest earned on daily balances Available Fee of $10.00 plus tax Unlimited Check Writing Free Online banking & Bill Pay. E-statement or paper statement.*
Investment Access Fund $1000.00 Interest earned on daily bal of $1,000 or more Available None Free Online banking. E-statement or paper statement.

* $2.00/month discount if E-statement chosen.

 

Retirement Accounts Minimum Opening Deposit/Contribution Limit Investment Option Service Charge Fees ** Additional Benefits
Traditional IRA $100.00 / $5,500.00 Any of CD products or 18 mo var. CD Annual fee of $3.00 Transfer fee $35.00 Contributions may be deductible. Distributions will be taxed. Free Online banking.
Roth IRA $100.00 / $5,500.00 Any of CD products or 18 mo var. CD Annual fee of $3.00 Transfer fee $35.00 Contributions are not deductible. Earnings are not taxed at distribution. Free Online banking.
Simplified Employee Pension Plan (SEP) $100.00  /$51,000.00 Any of CD products or 18 mo var. CD Annual fee of $3.00 Transfer fee $35.00 Contributions may be deductible. Earnings taxed at distribution. Free Online banking.
Simple IRA $100.00 / $12,000.00 Any of CD products or 18 mo var. CD Annual fee of $3.00 Transfer fee $35.00 Contributions may be deductible. Earnings taxed at distribution. Free Online banking.
Self Directed IRA Accounts $100.00 / See limits above. Savings, Stocks, Bonds, or Mutual Funds Annual fee of $24.00 Transfer fee $35.00, Outside invest. Fee $35.00 Contributions & taxation subject to type of IRA chosen. Free Online banking for FSB accounts.

* Limits may be higher if age 50 or older
** Penalties can apply to withdrawals before maturity or age 59 1/2

First State Bank Health Savings Accounts Minimum Opening Deposit / Contribution Limit * Investment Option Service Charge Fees ** Additional Benefits
HSA Savings $100.00 / Single $3,250.00 Family $6,450.00 Any of CD products or 18 mo var. CD Annual fee of $15.00 Set-up fee $25.00 Contributions may be deductible. Earnings not taxed at distribution. SHAZAM Chek Card available. Free Online Banking.

* Limits may be higher if age 55 or older

Interest May Change After Opening

Fee’s may reduce earnings