Compare our Accounts
| ACCOUNT TYPE | BASIC CHECKING | VALUE CHECKING | PREMIER CHECKING | FIRST CHOICE CHECKING | PERSONAL MONEY MARKET |
|---|
|
Minimum Opening Deposit
|
$25 |
$300 |
$10,000 combined balance (in-house loans & deposits) |
$5,000 combined deposit balance |
$1,000 |
|
Minimum Daily Balance to Avoid Fees
|
$0 |
$300 |
$10,000 combined balance (in-house loans & deposits) |
$5,000 combined deposit balance |
$1,000 |
|
Earns Interest
|
None
|
Yes, balances of $1,000 or greater earn interest at a tiered level
|
Yes, balances earn interest at a tiered level
|
Yes, balances earn interest at a tiered level
|
Yes, balances earn interest at a tiered level
|
|
Statements
|
Free e-Statement or $3.00 Paper Statement Fee
|
- Free e-Statement or Paper Statement
- Images provided
|
- Free e-Statement or Paper Statement
- Images provided
|
- Free e-Statement or Paper Statement
- Images provided
|
- Free e-Statement or Paper Statement
- Images provided
|
|
Monthly Service
Charges
|
None
|
$6 monthly maintenance fee if balance falls below $300 any day during the statement cycle, plus $0.20 per debit item
|
$10 monthly maintenance fee if balance falls below $10,000 combined balance requirement any day during the statement cycle
|
$10 monthly maintenance fee if balance falls below $5,000 combined balance requirement any day during the statement cycle
|
$10 monthly maintenance fee if the balance falls below $1,000 any day of the month
|
|
Features & Options
|
- Online & Mobile Banking
- Debit card
|
- Online & Mobile Banking
- Debit card
|
- Online & Mobile Banking
- Debit card
- No annual fee on HELOC (subject to approval)
- $15 account credit annually when checks are ordered
- No-fee safe deposit box (3×5) 1st year
|
- Online & Mobile Banking
- Debit card
- First Choice Club activities and trips
- 1 box single bank club checks
- No-fee Visa travel card
- Must be 50+ years old
|
- Online & Mobile Banking
- Check writing ability
|
Looking for additional FDIC Insurance to cover deposits of more than $250,000? The bankers at First National Bank Minnesota can help!
Learn more about Extended FDIC Insurance
Basic Checking
|
Our Basic Checking account is a standard, full-service account that features no minimum balance fees and no monthly maintenance fees. Learn more to discover if this account is right for you.
- No minimum balance
- Online Banking
- Online Bill Pay
- Mobile Banking
- Mobile Deposit
- Debit Card
- Free e-Statements or $3.00 Paper Statement Fee
- Telephone Banking
- Unlimited check writing
- No monthly maintenance fee
- FDIC insured
|
Value Checking
|
Our Value Checking account comes with the personalized service you’ve come to know and expect from First National Bank Minnesota, but also includes free e-statements or paper statements, tiered interest and more. If you are looking for a simple, straightforward checking account with all the essentials, the Value Checking account may be just the account for you.
- $300 minimum balance
- Online Banking
- Online Bill Pay
- Mobile Banking
- Mobile Deposit
- Debit Card
- Free e-statement or paper statement
- Telephone Banking
- Images provided
- Unlimited check writing
- Monthly fee if below minimum balance requirement any day during the statement cycle is $6.00 plus $0.20 per debit item
- Tiered interest based on collected balance
- FDIC insured
|
Premier Checking
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Our Premier checking account offers a variety of features and benefits for our valued customers. Benefits include tiered interest, no annual fee on HELOCs, and no-fee safe deposit box rental for the first year. Contact a Universal Banker today to learn more!
- Minimum $10,000 combined balances (in-house loans & deposits)
- Online Banking
- Online Bill Pay
- Mobile Banking
- Mobile Deposit
- Debit Card
- Free e-statement or paper statement
- Telephone Banking
- Images provided
- No annual fee on HELOC (subject to approval)
- $15 account credit annually when checks are ordered
- No-fee safe deposit box (3×5) 1st year
- $10 monthly maintenance fee if balance falls below minimum combined balance requirement any day during the statement cycle
- Balances earn interest at a tiered level
- FDIC insured
|
First Choice Checking
|
When you open a First Choice Checking account, you will receive many bonuses, offers, and educational opportunities to reward your hard work and careful money management throughout your life. This unique account for customers age 50 and older also provides a variety of fun and creative activities made available to you as a First Choice Club member. Click here to learn more about the activities and benefits of the First Choice Club!
- Minimum $5,000 combined deposit balance
- Online Banking
- Online Bill Pay
- Mobile Banking
- Mobile Deposit
- Debit Card
- Free e-statement or paper statement
- Telephone Banking
- Images provided
- 1 box single bank club checks
- No-fee Visa travel card
- Must be 50+ years old
- $10 monthly maintenance fee if balance falls below minimum combined balance requirement any day during the statement cycle
- Balances earn interest at a tiered level
- All First Choice members are welcome to club activities and trips!
- FDIC insured
|
Personal Money Market
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If you want more from your money, our Personal Money Market account may be just right for you. With a $1,000 minimum opening deposit, this account earns interest on a monthly basis and comes with the ability to write checks and withdraw cash.
- $1,000 Minimum Balance
- Online Banking
- Online Bill Pay
- Mobile Banking
- Telephone Banking
- Mobile Deposit
- Free e-statement or paper statement
- Images provided
- Balances earn interest at a tiered level
- FDIC insured
|
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