Deposit Services

Opening Deposit Amount - Minimum deposit to open account

  • Regular Checking - $100
  • Ban Club Checking - $100
  • Now Account - $1,000
  • Money Market Checking - $2,500

Minimum Balance - Minimum daily balance required for each account

  • Regular Checking - $300
  • Ban Club Checking - None
  • Now Account - $1,000 daily minimum balance or $2,500 average daily ledger balance
  • Money Market Checking - $2,500

Checks - Provided to customer at no charge

  • Regular Checking - Temporary Checks
  • Now Account - Temporary Checks
  • Ban Club - Wallets
  • Money Market Checking - Temporary Checks

Monthly Maintenance Fees - Monthly fees charged to accounts

  • Regular Checking - $5.00 if the daily balance falls below the minimum balance requirement of $300 plus $.10 per debit
  • Ban Club Checking - $5.00 monthly fee
  • Now Account - $5.00 if the daily balance falls below the minimum balance requirement of $1,000 or $2,500 average daily ledger balance plus $.10 per debit
  • Money Market Checking - $5.00 if the daily balance falls below the minimum balance requirement of $2,500

ATM/Debit Cards

  • No Annual Fee
  • Issued upon Approval
  •  No additional charge from First Bank & Trust when used for purchases

 

Other Services:

  • Cashiers Checks
    • BanClub Customers - No Charge
    • Bank and Non-Bank Customers - $2.00 per check (Cash only purchase)
    • Wire Transfers
      • $15  outgoing charge for all wires within the United States
      • $15 charge for incoming wires
  • Notary Services
    • No Charge - must have a photo ID
  • Collection Items    
    • Incoming - No Charge
    • Outgoing - $25.00 per item
  • Garnishment    
    • $25.00 per account
  • Deposit Bags    
    • Zipper Bags - Free (Bank Customers only)
    • Locked Bags - Free (Bank Customers only)
  • Stop Payment    
    • $10.00 per Check
  • Insufficient Funds    
    • Paid or Returned - $20 per item
  • Account Research    
    • $10.00 per hour plus $1.00 per paper copy 
  • Chargebacks
    • No charge to Bank Customers

501 Main St., Memphis, TX. 79245 PH:(806)259-3556 FX:(806)259-2355