SuperMoney
  First Bank and Trust Savings

First Bank and Trust Savings

in Savings Accounts from First Bank and Trust · fdic

Unaffiliated

First Bank and Trust Savings

Unaffiliated

in Savings Accounts from First Bank and Trust · Member FDIC

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote

Would you recommend First Bank and Trust Savings to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Monthly Fee $0 - $5
APY (Annual Percentage Yield) N/A
APY Minimum Balance N/A

First Bank and Trust Savings Review

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

Key Takeaways
  • Charges a monthly fee. This account charges a monthly service fee of up to $5, but the fee is waived if you keep a minimum balance of $50.
  • Small minimum initial deposit. You only need $1 to open an account.
  • Bill pay. Pay your bills to practically anyone in the United States through First Bank and Trust.
First Bank and Trust Savings Pros & Cons
Pros Cons
  • Access to physical branches.
  • Free debit card
  • No charge on incoming domestic or international wire transfers.
  • No signup bonus.
  • Does not earn interest.
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • Only available in 2 states.
  • Monthly service charge.
First Bank and Trust Savings FAQ

Are savings accounts from First Bank and Trust federally insured?

Yes, your First Bank and Trust savings 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.

Does First Bank and Trust offer a signup bonus?

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

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

The minimum deposit to open a First Bank and Trust Savings is $1.
First Bank and Trust Savings Minimums
Description
Minimum Balance to Avoid Monthly Fee Starting at $50
Minimum Opening Deposit Starting at $1

What APY does First Bank and Trust offer?

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

What fees does First Bank and Trust Savings charge?

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

However, you can waive the monthly fees if you have a minimum daily balance of $50.

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

This savings account includes the following features:

  • Fraud monitoring - First Bank and Trust Savings monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location, or you make a sudden string of costly purchases.
  • Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - First Bank and Trust Savings allows you to manage your money online or with a mobile app.

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

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

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 2 states
  • Minnesota
  • South Dakota

Feature Breakdown

Minimum Balance to Avoid Monthly Fee Starting at $50
Minimum Opening Deposit Starting at $1
Bank Teller Fee $0
Monthly Fee $0 - $5
Account Features
  • Member FDIC
  • Branch Access
  • Debit Card
  • Free Bill Pay
  • Fraud Protection
  • Fraud Monitoring
  • Mobile Banking
  • Interest Bearing Account

Be the first to rate

 

Would you recommend First Bank and Trust Savings to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

Other Savings Accounts

First Bank and Trust Savings Accounts

Loading...