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Checking Accounts

Investment Checking

For individuals who want an attractive return on deposited funds without having to commit to maintaining these funds on deposit for a specified time.

  • The account earns interest based on a tiered balance interest structure: 
Balances $0.01 to $2,999.99 Money Market Rate
Balances $3,000 to $9,999.99 3 Month CD Rate
Balances $10,000 to $24,999.99 6 Month CD Rate
Balances $25,000 to $49,999.99 One Year CD Rate
Balances $50,000 and over Two Year CD Rate
  • The interest earned is a blended yield of the interest rates paid on the different deposit balance levels
  • Interest rate protection is provided with a ten day retroactive selection of any CD maturity term rate
  • Free unlimited fully personalized custom wallet, duplicate or top stub checks
  • Free unlimited ATM access to your account through any Star/Cirrus Network ATM
  • Free 24 hours-a-day account inquiry service
  • Free standard size Safe Deposit Box rental or the fee for this size box applied to the annual rental on a larger box
  • Free Cashier's Checks
  • VISA or MASTERCARD with no annual fee (subject to approval)
  • The Investment Account is available without a service charge to anyone who maintains a minimum account balance of $3,000 or a minimum average daily balance of $7,500. Accounts which do not maintain this minimum will be charged a $30.00 per month service charge.
  • 25% discount on domestic wire transfers and stop payments on this account
  • Free personal online banking
  • Bill Pay for $5.95 monthly

 
Interest Checking

Earn interest on your checking account funds.

Tiered balance interest rates let you earn a higher interest rate on higher balances.

  • Unlimited check writing
  • Unlimited ATM activity with no ATM Network fees charged for transactions
  • Tiered account balances result in interest earnings as follows:
    Balances $0.01 to $499.99 No Interest
    Balances $500 to $2,499.99 NOW Account Rate
    Balances $2,500 and over Premium NOW Rate
  • Accounts which maintain a minimum account balance of $500 or an average account balance of $1,200 are exempt from monthly service charge and per item activity charges
  • Accounts not maintaining either of the balance requirements are assessed a $8.00 service charge and a $.25 per debit activity charge
  • Free personal online banking
  • Bill Pay for $5.95 monthly

Value Checking

Take advantage of numerous free and fee discounted services while maintaining an account with no minimum balance or average balance requirements.

  • Free unlimited custom designed fully personalized wallet style checks
  • Unlimited checking with no minimum balance requirements or transaction fees
  • Unlimited ATM transactions at no charge at any Star/Cirrus Network ATM
  • Interest at the NOW Account rate when the collected account balance is $1,000 or more
  • VISA and /or MASTERCARD with no annual fee (subject to approval)
  • A $10.00 discount every year on the annual Safe Deposit Box rental fee
  • Free Cashier's Checks
  • A flat $10.00 per month service charge covers unlimited check printing costs, all account maintenance and activity charges, and all fees associated with ATM usage
  • Free personal online banking
  • Bill Pay for $5.95 monthly

Vantage 55

If you are 55 or older, you are eligible for all of the product and service advantages of First South Bank's Value Checking Account on a reduced or no cost basis. The features of Value Checking are yours for a $7.50 monthly service charge or free each month when a Direct Deposit is made to this account or a minimum account balance of $100.00 is maintained.

Standard Checking

A useful personal checking account for people who choose to use a checking account primarily for bill payments and utilize other deposit products for investment purposes.

  • No monthly service charge or per item charges with a minimum balance of $400 or average account balance of $1,000 or more
  • Unlimited check writing
  • Unlimited ATM activity with no ATM Network fees charged for transactions
  • Account may be linked to a savings account ($500 minimum balance in the savings account) to avoid service charges
  • Accounts which do not maintain either the $400 minimum balance or $1,000 average balance requirement are assessed a $7.50 monthly service charge and a $.25 per debit fee
  • Free personal online banking
  • Bill Pay for $5.95 monthly

Student Checking
 
An economical account for full-time students under the age of 25 who do not need an account which provides high transaction activity requirements.

  • No minimum balance requirements
  • ATM Card provided upon request
  • No account charges for the first five (5) debits posted during a monthly statement cycle
  • $.75 activity fee for each account debit over five each month
  • Free personal online banking
  • Bill Pay for $5.95 monthly