Welcome to FirstBank, FNB Customers
We are excited to welcome you to the FirstBank family! Starting Monday, May 18 at 8 a.m. CT you will be able to access online banking by selecting FirstBank Kentucky Customers from the drop down menu on our homepage. For additional information related to the merger, including a digital version of the merger magazine, click here or call us at 833-407-0700.
THE NEW MONEY MARKET CHANGING THE GAME BY CHANGING WITH PRIME
- Basic Savings
- Christmas Savings
- Health Savings Account
- FirstRate Money Market
- Money Market Tiered
- UTMA-Minor Savings
FIRSTRATE MONEY MARKET®
Combine a great everyday account with a new day in savings.
We introduced a better money market that moves when Prime does to give you the best interest rates available. For those customers meeting FirstRewards checking requirements, you’ll receive a higher rate. Open the FirstRate Money Market® today and save yourself time and worry while you gain the kind of advantages found in FirstBank’s new savings product.
- A great companion account to your new or existing FirstRewards Checking account
- Meet FirstRewards requirements to earn a higher interest rate on balances up to $250,000
- Rate moves with Wall Street Journal Prime Rate
- Offers tiered interest rates
- Free online banking
- Free online statements
- Easily access up to 6 free withdrawals monthly (withdrawals exceeding 6 per month result in a $2 fee per withdrawal. Going over withdrawals more than 3 times in a 12-month rolling period may result in account conversion to a more suitable account.)
No monthly service charge if $5,000.00 minimum balance is maintained (if not, $10.00 fee)
Tier 1: Daily balance $0.00 to $250,000.00 – 0.35% APY
Tier 2: Daily balance greater than $250,000.00 – 0.25% APY
A base rate of 0.05% APY is applied to all balances when qualifications are not met.
*FirstRewards Checking: To be eligible for a FirstRewards Checking account you must receive account statements electronically monthly. If an account holder chooses to opt-out of electronic statements, they are no longer eligible for this product and will be required to transfer to another product that does not require electronic statements. This account is only available to consumers. Limit of (2) FirstRewards accounts per primary account holder social security number.
To qualify for the higher interest rates: you must meet the following requirements during a statement cycle: 10 debit card point of sale (POS) transactions post and settle per statement cycle (ATM transactions do not count towards the required 10); and One (1) monthly automated clearing house (ACH) debit or ACH credit. The FirstRewards statement cycle will begin on the first business day of each month and end on the last business day of each month; Non-FirstBank ATM fees are refunded each cycle.
Rate Information: A base interest rate of .01% with a .01% annual percentage yield (APY) is applied to all balances when qualifications are not met. The following FirstRewards interest rates are earned if all qualification requirements are met: Tier 1– An interest rate of 1.500% will be paid on the entire portion of your daily balance that is less than $25,000.01. The APY for this tier is 1.51%. Tier 2– An interest rate of 0.150% will be paid only for that portion of your daily balance that is $25,000.01 or more. The APY for this tier will range from 1.51% to 0.15%, depending on the balance in the account. The interest rate(s) and APY(s) are accurate as of March 17, 2020. Rates are subject to change after the account is opened. Fees may reduce earnings.
**FirstRate MoneyMarket: To open the account, you must make a minimum deposit of at least $5000.00. A minimum balance of $5000.00 is required per statement cycle to avoid being charged a $10.00 monthly service charge. During any calendar month you may not make more than six (6) withdrawals or transfers. Exceeding the six (6) withdrawals or transfers limitations in a statement cycle will result in a $2.00 charge per transaction over six (6). Your account will be subject to closure or conversion to a more suitable account if the transfer or withdrawal limit is exceeded more than three (3) times in a rolling 12-month period. To earn the “FirstRate Money Market”.25% Annual Percentage Yield (APY), you must meet the following requirements: Receive your FirstRewards Checking account statement electronically monthly (eStatements). To qualify for FirstRate Money Market Reward interest rates, you must meet the following requirements in your FirstRewards Checking account: The primary account holder must be the same on the FirstRewards Checking account and the FirstRate Money Market savings account. 10 settled debit card point of sale transactions per Qualification period. Automated Teller Machines (ATM) transactions do not count towards the required 10 settled transactions. Receive your FirstRewards Checking account statement electronically monthly (eStatements). One (1) monthly automated clearing house (ACH) debit or ACH credit. Closure of the FirstRewards Checking account will result in forfeiture of the reward interest rate on the FirstRate Money Market account and all FirstRate Money Market account balances will earn .05% (APY). Tier 1- An interest rate of 0.35% will be paid on the entire portion of your daily balance up to $250,000.01. The Annual Percentage Yield (APY) for this tier is 0.35%. Tier 2- An interest rate of .25% will be paid only for that portion of your daily balance that is $250,000.01 or more. The Annual Percentage Yield (APY) for this tier will range from 0.35% to .25% depending on the balance in the account. The tiered interest rate may increase or decrease a minimum of 0.10% APY with each 0.25% change in the Wall Street Journal Prime Rate. The rate will be updated within 24 hours of a change in the printed Wall Street Journal Prime Rate and will be effective the next business day. Rates are subject to change. APY is accurate as of 3/17/2020. Fees may reduce earnings.
FB Alerts, our new debit card fraud alert system, keep an eye on your transactions. If we see something unusual, we will ask you to confirm the purchase. You get a text asking if you made the purchase. You reply with a text back. It’s simple, quick and easy.