FirstBank Money Market Checking Review

FirstBank Money Market Checking is offered by FirstBank, a bank founded in 1963 and based in Lakewood, CO. FirstBank Money Market Checking is available in 3 states across the USA.

Are money market accounts from FirstBank federally insured?

Yes, your FirstBank money market accounts 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 FirstBank Money Market Checking rates?

FirstBank Money Market Checking offers an APY of up to 0.01% (APY stands for annual percentage yield, rates may change).However, to earn interest you must keep a minimum balance of $500.

What are the FirstBank Money Market Checking fees?

What is the minimum balance for FirstBank Money Market Checking?

Minimum initial deposit of $500. You must make an initial deposit of at least $500 to open this account.

Monthly maintenance minimum balance of $500. You can avoid the monthly fee if you keep a minimum balance $500.

Interest rate minimum balance of $500. You must keep the account balance above $500 to earn interest.

What features and perks does FirstBank Money Market Checking offer?

This account includes the following features:

• Check Writing - FirstBank Money Market Checking includes check writing privileges. This is convenient method to pay bills and transfer money from your account.
• Fraud monitoring - FirstBank monitors transactions for potentially fraudulent activity.
• Mobile Banking Services - FirstBank Money Market Checking allows you to manage your money online. This includes depositing checks in your account with your smartphone.

How to open an account with FirstBank

• Visit the FirstBank 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.