1st Bank Trust New Orleans Black&Gold Money

1st Bank Trust New Orleans Black&Gold Money Review

1st Bank Trust New Orleans Black&Gold Money is offered by First Bank and Trust of New Orleans, a bank founded in 1991 and based in New Orleans, LA. 1st Bank Trust New Orleans Black&Gold Money are available in 3 states across the USA.

Key Takeaways

• Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 0.3%, which is much higher than the national average for a money market account.
• No APY minimum balance. There is no minimum amount you have to deposit to start earning interest with this money market account.
• Charges a monthly fee. This account charges a monthly service fee of up to $20, but the fee is waived if you keep a minimum balance of $5,000.
• High minumum deposit. You must deposit a minimum of $5,000, which is high compared to most money market accounts.

Pros & Cons of 1st Bank Trust New Orleans Black&Gold Money

Pros	Cons
High-interest yield. Does not offer mobile check deposits. Access to physical branches. Free debit card Access to a nationwide network of ATMs.	No signup bonus. Only available in 3 states. Monthly service charge.

1st Bank Trust New Orleans Black&Gold Money FAQ

Are money market accounts from First Bank and Trust of New Orleans federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What are the interest rates for 1st Bank Trust New Orleans Black&Gold Money rates?

1st Bank Trust New Orleans Black&Gold Money offers an APY starting at 0.2% and ranging up to 0.3% (APY stands for annual percentage yield, rates may change).

1st Bank Trust New Orleans Black&Gold Money Rates and Terms

Rates	Amount
APY (Annualized Percentage Yield)	0.2% - 0.3%

What are the fees for 1st Bank Trust New Orleans Black&Gold Money?

This account charges a monthly maintenance fee of up to $20. You can avoid this fee by maintaining a balance of $5,000.

First Bank and Trust of New Orleans will charge you a $15 fee if you exceed your maximum number of monthly transactions.

First Bank and Trust of New Orleans will allow you to make up to 6 withdrawals or transactionss per month. That is also the maximum set by federal regulations.

1st Bank Trust New Orleans Black&Gold Money Fees

Fees	Amount
Monthly Fee	up to $20
Paper Statement Fee	$3
Excess Transaction Fee	$15

What is the minimum balance for 1st Bank Trust New Orleans Black&Gold Money?

Minimum deposit of $5,000. You must make an initial deposit of at least $5,000 to open this account.

Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $5,000.

What features and perks does 1st Bank Trust New Orleans Black&Gold Money offer?

This account includes the following features:

• Fraud monitoring - First Bank and Trust of New Orleans monitors transactions for potentially fraudulent activity.
• Mobile Banking Services - 1st Bank Trust New Orleans Black&Gold Money allows you to manage your money through online banking and a dedicated mobile app.
• Nationwide ATM network - 1st Bank Trust New Orleans Black&Gold Money allows you to access your money from an ATM, a convenient feature only a few offer.

What is the customer service phone number?

The customer service number for this business card is .

What is the support contact email?

The support contact email for this business credit card is gblossman@fbtonline.com.

How to open an account with First Bank and Trust of New Orleans

• Visit the First Bank and Trust of New Orleans website.
• Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
• Check the information is accurate and submit your application.