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  First Bank and Trust Cache Teen Savings
First Bank and Trust Cache Teen Savings Unaffiliated

First Bank and Trust Cache Teen Savings

Unaffiliated
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Highlights
Monthly Fee $0
APY (Annual Percentage Yield) N/A
Minimum Balance to Earn APY N/A

First Bank and Trust Cache Teen Savings Review

First Bank and Trust Cache Teen Savings is offered by First Bank and Trust, founded in 1925 and based in Brookings, SD. First Bank and Trust Cache Teen Savings is available in 2 states across the USA.

Key Takeaways
  • Small minimum initial deposit. You only need $5 to open an account.
First Bank and Trust Cache Teen Savings Pros & Cons
Pros Cons
  • No signup bonus.
  • Does not earn interest.
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • Does not come with a debit card
  • Not FDIC-insured.
  • Only available in 2 states.
First Bank and Trust Cache Teen Savings FAQ

Are savings accounts from First Bank and Trust federally insured?

No, your First Bank and Trust savings accounts are not insured by a federal insurance agency. This means that if First Bank and Trust were to fall into financial difficulties, your deposits are not covered by a government backed insurance fund like the FDIC or NCUSIF.

Does First Bank and Trust offer a signup bonus?

First Bank and Trust Cache Teen Savings doesn't offer a signup bonus.

What is the minimum initial deposit for First Bank and Trust Cache Teen Savings?

The minimum deposit to open a First Bank and Trust Cache Teen Savings is $5.
First Bank and Trust Cache Teen Savings Minimums
Description
Minimum Opening Deposit Starting at $5

What APY does First Bank and Trust offer?

First Bank and Trust Cache Teen Savings is not an interest-bearing account.

What fees does First Bank and Trust Cache Teen Savings charge?

First Bank and Trust Cache Teen Savings does not charge a monthly service fee. See the fee breakdown section below to view all fees.

What features and perks does First Bank and Trust Cache Teen Savings offer?

This savings account includes the following features:

Can you set up a direct deposit to First Bank and Trust Cache Teen Savings?

In most cases, the answer is yes. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for First Bank and Trust Cache Teen Savings?

The customer support email for First Bank and Trust Cache Teen Savings is info@bankeasy.com.

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Availability

  Available in 2 states
  • Minnesota
  • South Dakota

Feature Breakdown

Minimum Opening Deposit Starting at $5
Bank Teller Fee $0
Monthly Fee $0
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
Account Features
  • No Monthly Maintenance Fee
  • Interest Bearing Account
  • Nationwide ATM Network
  • Mobile Banking
  • Fraud Monitoring
  • Debit Card
  • Branch Access
  • Member FDIC
  • Teen Checking Account
  • Student Checking Account

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