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  First Security Bank Money Market Investment
First Security Bank Money Market Investment
in Money Market Accounts from First Security Bank · Member FDIC
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First Security Bank Money Market Investment

Unaffiliated
in Money Market Accounts from First Security Bank · Member FDIC
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Highlights
APY (Annual Percentage Yield) N/A
Minimum Balance to Earn APY N/A
Minimum Opening Deposit Starting at $2,500

First Security Bank Money Market Investment Review

First Security Bank Money Market Investment is offered by First Security Bank, a bank founded in 1932 and based in Searcy, AR. First Security Bank money market are available in 1 state across the USA.

Key Takeaways

  • No APY minimum balance. There is no minimum amount you have to deposit to start earning interest with this money market account.
  • Charges a monthly fee. This account charges a monthly service fee of up to $10, but the fee is waived if you keep a minimum balance of $2,500.
  • High minumum opening deposit. You must deposit a minimum of $2,500, which is high compared to most money market accounts.

Pros & Cons of First Security Bank Money Market Investment

Pros Cons
  • Access to physical branches.
  • Free debit card
  • Deposit checks remotely.
  • No signup bonus.
  • Only available in one state.
  • Monthly service charge.

First Security Bank Money Market Investment FAQ

Are money market accounts from First Security Bank 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.

What are the interest rates for First Security Bank money market rates?

What are the fees for First Security Bank Money Market Investment?

This account charges a monthly maintenance fee of up to $10. You can avoid this fee by maintaining a balance of $2,500.
First Security Bank Money Market Investment Fees
Fees Amount
Monthly Fee up to $10
Paper Statement Fee N/A

What is the minimum balance for First Security Bank money market?

Minimum deposit of $2,500. You must make an initial deposit of at least $2,500 to open this account.

Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $2,500.

What features and perks does First Security Bank money market offer?

This account includes the following features:

  • Fraud monitoring - First Security Bank monitors transactions for potentially fraudulent activity.
  • Mobile Banking Services - First Security Bank money market allows you to manage your money through online banking and a dedicated mobile app. This includes depositing checks in your account with your smartphone.

What is the customer service phone number?

The customer service number for this account is .

What is the support contact email?

The support contact email for this business credit card is support@fsbank.com.

How to open an account with First Security Bank

  • Visit the First Security Bank website.
  • Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
  • Check the information is accurate and submit your application.
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Availability

  Available in 1 state
Arkansas
Availabile in all of Arkansas

Feature Breakdown

Minimum Balance to Avoid Monthly Fee Starting at $2,500
Minimum Opening Deposit Starting at $2,500
Monthly Maintenance Fee $0 - $10
(Verified 12/08/2023)
Account Features
  • Mobile Check Deposit
  • Interest Bearing Account
  • Mobile Banking
  • Fraud Monitoring
  • IRAs
  • Debit Card
  • Branch Access
  • Member FDIC
Dividend Compounding Frequency Daily
Dividend Payout Frequency Monthly

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