- Checking
- Basic Checking (NJ Consumer Checking Acct)
- Premier Checking
- Relationship Checking
- 50 First Checking
Checking
Basic Checking (NJ Consumer Checking Acct)
First Bank’s Basic Checking account offers everything you need to pay your bills and manage your account, with no hidden fees or balance requirements. Take advantage of the following Basic Checking benefits:
- No minimum balance
- No monthly service fee
- Unlimited check writing
- FREE first order of 50 Basic checks
- FREE online banking and bill pay
- FREE telephone banking
Premier Checking
For customers who maintain a balance of at least $500.00 in their checking accounts* and prefer to earn interest on their balance, First Bank offers Premier Checking, which offers all of the benefits of Basic Checking, as well as:
- Interest on the account balance*
- FREE Basic checks
- FREE travelers checks
- FREE Money Orders
- FREE Treasurer's Checks
*$500.00 minimum daily balance; $15.00 service charge if balance falls below $500.00. Check here for current interest rates.
Relationship Checking
For customers who maintain a balance of at least $1,000.00*, First Bank offers Relationship Checking, which provides the following benefits:
- Unlimited check writing
- FREE Basic checks
- FREE online banking and bill pay
- FREE telephone banking
- FREE travelers checks
- FREE money orders
- FREE Treasurer's checks
- Discount on safe deposit boxes ($15.00 yearly)
- FREE stop payments
- Better rates on money market accounts
* $1,000 balance required to avoid a $25 monthly fee.
50 First Checking
Customers who are over the age of 50 can take advantage of First Bank’s 50 First Checking account, which offers the following benefits:
- Interest on the account balance*
- No monthly service fee
- No minimum balance requirement
- Unlimited check writing
- FREE online and bill pay
- FREE telephone banking
- FREE Basic checks
- FREE travelers checks
- FREE Treasurer's checks
- FREE money orders
*Check here for current interest rates.
Savings
Statement Savings
With a minimum balance of just $100*, First Bank’s Statement Savings account offers a flexible way to save. An ATM card offers easy access to your funds, and FREE online banking makes it easy to manage your finances.
*$7.00 fee if account balance falls below $100.00. Subject to Federal Regulation D. Check here for current interest rates.
Personal Money Market
First Bank’s Money Market accounts offer the best of both worlds -- flexibility and a solid rate of return. Check writing ability and an ATM card provide easy access to your funds, while FREE online banking makes account management simple and convenient. Interest rates are tied to your account balance, at the following tiers:
- $1,001 to $10,000
- $10,001 to $50,000
- $50,001 to $150,000
- $150,001 and above
*Accounts with a balance below $1,000 earn no interest and are charged a monthly fee of $15.00. Subject to Federal Regulation D. Federal Regulation D permits up to six pre-authorized transfers per statement cycle, of which three can be by checks payable to third parties. Check here for current interest rates.
Relationship Money Market
For customers with a Relationship Checking account, First Bank offers the Relationship Money Market account, which offers a competitive rate of return, an ATM card, and FREE online banking. Interest rates are tied to your account balance, at the following tiers:
- $1,001 to $10,000
- $10,001 to $50,000
- $50,001 to $150,000
- $150,001 and above
*Accounts with a balance below $1,000 earn no interest and are charged a monthly fee of $15.00. Subject to Federal Regulation D. Federal Regulation D permits up to six pre-authorized transfers per statement cycle, of which three can be by checks payable to third parties. Check here for current interest rates.
FDIC Temporary Unlimited Deposit Insurance
First Bank is participating in the FDIC’s temporary unlimited deposit insurance program. All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010 through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general insurance rules. The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.
The temporary unlimited insurance coverage of “noninterest-bearing transaction accounts” expires on December 31, 2012. After
December 31, 2012, funds in noninterest-bearing transaction accounts will be insured under the FDIC’s general deposit insurance rules, subject to the Standard Maximum Deposit Insurance Amount of $250,000.
