Personal Checking Accounts

Related Information

Interest Rates

Whether you are in need of a simple checking account or an interest bearing account, we can help. We know that we have an account that is right for you.

TRANSACTION ACCOUNT GUARANTEE PROGRAM

First Bank of the Lake is participating in the FDIC's Transaction Account Guarantee Program. Under that program through December 31, 2009, all non-interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transacion Account Guarantee Program is in addition to and seperate from the coverage available under the FDIC's general deposit insurance rules.

Types of First Bank of the Lake accounts NOT covered by the Transacton Account Guarantee Program include the First Bank Account, First Prime Time Account, Passbook Savings Accounts, Money Market Accounts, Certificate of Deposit Accounts,and IRA Accounts. These accounts are insured under the FDIC's general deposit insurance rules.

First Free Account

Offered for customers who need the convenience of a checking account and usually maintain low balances. It only takes $50.00 to open this account. There are no minimum balance requirements, no monthly fee, and no interest paid. This account offers a Debit Card, Free Direct Deposit, and Check Safekeeping (your checks are not returned in your monthly statement).

First Bank Account

$100.00 is required to open this account. Interest can be earned anytime the account balance is $500.00 or more. A Debit Card, and Free Direct Deposit are offered. Statements are issued monthly and include an image of your cancelled checks.

Minimum balance to avoid imposition of fees

If balance falls below $500.00 on any day in the statement cycle. A Maintenance fee of $8.00 will be imposed once during the cycle.

First Prime Time Account

This is a special account for customers over 50. It is interest bearing, has no minimum balance requirements, and is maintenance fee free. We have addressed some of your other special financial needs as well, like discounts on Safety Deposit Boxes, Free Money Orders, Travelers Checks and Notary Service. You can even get free photo copies. This account requires $100.00 to open and interest is earned anytime the balance is $1,000 or over.

Money Market Account

Requires $100.00 to open account. Offers you the opportunity to earn a higher interest rate when this account is $1,000.00 or more. This account includes a monthly statement, an image of your checks, and Free Direct Deposit.

Minimum balance to avoid imposition of fees

If balance falls below $1,000.00 on any day in the statement cycle, a maintenance fee of $8.50 will be imposed once during the cycle.

Note: Over (3) checks per cycle will result in a $5.00 charge each. Over (6) debit per cycle will result in a $5.00 charge each.