First Bank and Trust Savings

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 are 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.

First Bank and Trust Savings Pros & Cons

First Bank and Trust Savings FAQ

Are savings accounts from First Bank and Trust 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.

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?

What APY does First Bank and Trust Savings 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?

Yes, you can typically set up a direct deposit to this account. 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.