First National Bank is the first national bank of west Greenville established in 1864.
Headquartered in Pittsburgh, it has extended its presence with ATMs and branches in many cities.
It allows you to enjoy mobile and online banking and hence eases your banking experience.
Moreover, you can also open an account online instead of physically visiting it.
Summary
| Bank | First National Bank |
| Rating | 4.3 |
| Saving rate | 0.25% |
| Monthly Fees | $5 |
| Savings Accounts Opening Fess | $50 |
| Website | Click Here |
Key Takeaways
- The first national bank offers Saving accounts, Certificates of deposit, Money market accounts, Checking accounts, and IRAs.
- The interest rate of the first national bank is 0.01% which is lower than the national average.
- At First National bank, you can enjoy banking services online too.
Products offered by First national bank
FNB offers you several financial products, which include the following:
- Saving account where you can earn interest according to your balance tiers in the account. Moreover, it also has a health savings account.
- Certificates of deposit for the highest interest rates and offered from 3 months to 10 years.
- Money market accounts where interests are offered depending upon the balance tiers and also improve check-writing abilities.
- Checking accounts offer five different account options: a student account and two interest-earning accounts with the waivable monthly fee.
- IRAs are available as CDs.
First National Bank Interest rate
The first national bank allows its clients to earn at an average interest rate on their bank deposits.
If you are interested in earning at a higher interest rate, you will be required to maintain your deposited balance high in your account.
The national average interest rate is 0.25%, while the interest rate of the first national bank is 0.01%.
First National Bank Account Features
As you can observe, the residents of only six states have physical access to the First National Bank account.
However, you can enjoy a personal banking experience through the convenience of online and mobile banking.
Online banking allows you to enjoy the services of paying bills through electronic payments and transferring money through the application.
Listed below are some of the products of this bank.
First-rate saving account
- It provides you access to your account through online, mobile, and physical banking.
- A Savings account provides you the security insurance of the maximum amount permitted by the law.
- It offers balance tiers, and you can earn more with a higher balance in your account.
- It permits you to access your funds through a debit card.
| Minimum Deposit | Online opening of account $50.In branch opening of account $0. |
| Terms and rates | For balance below $50,000 is 0.01% APY. For balance above $50,000 is 0.01% APY. |
| Monthly fee | $5 |
Health savings account
- It provides you access to your account through online banking, debit card, and Cheque.
- A Savings account provides you the security insurance of the maximum amount permitted by the law.
- It offers balance tiers, and you don’t need to have an astronomical amount in your account to earn a higher rate.
- You can cover your medical expenses through Health savings accounts that are not covered by health insurance.
- Moreover, the distributions from HSA are tax-free for medical expenses.
| Minimum Deposit | Online opening of account $50.In branch opening of account $0. |
| Terms and rates | For balance below $1,000 is 0.01% APY. For balance above $1,000 is 0.01% APY. |
| Annual fee | $20 |
FirstRate Money Market Account
- It provides you access to your account through online banking, mobile banking, and physical banking.
- A FirstRate Money Market Account provides you the security insurance of the maximum amount permitted by the law.
- With this account, you can earn according to balance tiers and can earn slightly more than the savings account.
| Minimum Deposit | Online opening of account $50. In branch opening of account $0. |
| Terms and rates | For an account balance of $0- $24,999.99, from $25,000 – $49,999.99, from $50,000 – $999,999.99 and from $1,000,000 and over is 0.01% APY. |
| Monthly fee | $10 |
Freestyle Checking Account
- It provides access to your account online, mobile, physical banking, Debit card, and bill pay.
- A Freestyle Checking Account provides you the security insurance of the maximum amount permitted by the law.
- You can get unlimited check writings for free, but checks are not free.
| Minimum Deposit | Online opening of account $50. In branch opening of account $0. |
| Monthly or annual fee | $0 |
My style Checking Account
- It provides you access to your account through online banking, debit card, and Cheque.
- This provides you the FDIC insurance of the maximum amount permitted by the law.
- Its monthly fee is waivable if the account holder maintains a daily balance of $500, the average combined balance of $5,000, recurrent direct deposit cycle, or 10 POS debit card transactions per each statement cycle. This fee can be lessened by signing up for eStatements.
- It offers you all the perks that you can enjoy while having a Freestyle checking account.
| Minimum Deposit | Online opening of account $50. In branch opening of account $0. |
| Terms and rates | For an account balance of $0- $24,999.99, from $25,000 – $49,999.99, from $50,000 – $999,999.99 and from $1,000,000 and over is 0.01% APY. |
| Monthly fee | $8.95 |
Lifestyle Checking Account
- For opening a Lifestyle Checking Account online, you will be required to pay a minimum deposit of $50. However, for the branch opening of an account, you don’t need to pay anything.
- It provides you access to your account through online banking, mobile banking, and physical banking.
- It provides you the FDIC insurance of the maximum amount permitted by the law.
- Lifestyle Checking Account’s monthly fee is waivable for a daily average account balance of $1,000 and a combined average daily balance of $10,000 or more.
| Minimum Deposit | Online opening of account $50. In branch opening of account $0. |
| Terms and rates | An account balance of $2,500 or more is 0.01% APY. To earn interest, you have to maintain a balance of &2,500. |
| Monthly fee | $10 |
Premier style Checking Account
- It provides you access to your account through online banking, debit card, and Cheque.
- A Savings account provides you the security insurance of the maximum amount permitted by the law.
| Minimum Deposit | Online opening of account $50. In branch opening of account $0. |
| Terms and rates | An account balance of either below or above $1,000 is 0.01% APY. |
| Monthly fee | $25 |
FNB-U Student Banking Package
- It provides you access to your account through online banking, mobile banking, and physical banking.
- It provides you security insurance of the maximum amount permitted by the law.
- It makes free banking accessible and easy for students.
| Minimum Deposit | Online opening of account $50. In branch opening of account $0. |
| Monthly or annual fee | $0 |
So, which bank account are you going for?
What differentiates it?
- The first national bank is looking forward to new updates to add to its online banking services to bring more ease to the customers.
- The first national bank is not leaving a single banking service in the queue as it is serving in every banking field like online transactions, all types of mortgages, online and offline debit card usage, insurance means everything you will get here.
- Online applications secure personal data very well by applying a double layer of security code.
Our experience with it
The first national bank is working tremendously with its online application and makes me feel everything in my hands and just a single click away.
I made transactions just by selecting the amount and then pressing confirm, then it happened in seconds. It was a smooth-running online app.
I also reached the mortgage agent through the first national bank online application and enjoyed all my reservations instead of grabbing special time from my busy schedule.
It was an amazing experience overall with the application and the customer service as well.
First national bank Comparison
First national bank vs. Summit financial group
The first national bank deals with all types of loans, deposits, withdrawals, and debit card services.
Still, summit bank is working on some particular planning, including college planning, financial planning, and tax planning.
The first national bank is offering wonderful mortgages on very low interest to new businessmen or beginners to start their small businesses, while the summit group does not entertain such queries.
First national bank vs. Keybank
The first national bank serves for house loans and agricultural loans, while KeyBank deals just little loans for building small houses and starting new businesses.
The first national bank includes online debit card transactions, but KeyBank does not share these services.
First national bank vs. Huntington National bank
The first national bank is bringing all perfect services except insurance, while Huntington national bank is wonderfully offering insurance options for all groups.
The first national bank is the best in online services, while Huntington national bank is still trying to develop such a good system.
Frequently Asked Questions
Is First National Bank Legit?
First National Bank is FDIC insured. In case of bank failure, the Federal Government is supposed to protect $250,000 per account per depositor.
What Is The Per-Day Withdrawal Limit Of The First National Bank?
The withdrawal limit of the first national bank ATM in one day is $500.
What Was The FNB Initially Used For?
The first National Bank acted as the fiscal agent of the Federal Government.
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