Whatever your checking needs, First American Bank has an account that will suit you. Please compare First American Bank to our competitors—we pay high rates of interest, even on checking accounts! We also have a program that pays you when you use your debit card.

FAB Freedom Checking: Our basic free checking account for clients who do not have much activity on their accounts. This account has no minimum balance, includes internet banking and allows you to make up to 10 debits per month.

FAB Liberty Checking: Liberty checking is for clients who will receive direct deposit of their payroll or keep a minimum balance of $300 and want the ease of knowing they can complete an unlimited number of transactions. FAB Liberty also pays interest at a tiered, competitive rate on balances of $1,000 and over. This account includes unlimited transactions, internet banking, billpay, a competitive interest rate and one free order of checks. The interest rate is very competitive—just check other banks’ checking account interest rates

FAB 55 Interest Checking: FAB 55 is a checking account for our clients who are 55 or older. There is no minimum balance and the account earns a competitive interest rate! FAB 55 also includes internet banking, billpay, free checks, free travelers and cashiers checks, and more.

	FAB FREEDOM CHECKING	FAB LIBERTY INTEREST CHECKING	FAB 55 INTEREST CHECKING
Amount required to open	$100	$100	$100
Monthly Fee	No monthly fee.	Monthly fee of $5 if average balance is below $300 or direct deposit is not maintained.	No monthly fee.
BillPay	$4.95/month	Free	Free
Debit card	Free	Free	Free
Debit Card Transactions	N/A	FAB will reward you $0.25 for every signature based debit card transaction over $10.00.*  Maximum reward is $10.00 per month.	FAB will reward you $0.25 for every signature based debit card transaction over $10.00.*  Maximum reward is $10.00 per month.
Debit and Credit Transactions	Up to 10 debits per month   $0.15/debit thereafter.	Unlimited debit and credit transactions.	Unlimited debit and credit transactions.
Interest	Account does not earn interest.	Tiered interest rates apply when average daily balance is over $1,000.  Tiers include $1,000-$4,999.99; $5,000-$9,999.99; $10,000 & up.	Tiered interest rates apply when average daily balance is over $1,000.  Tiers include $1,000-$4,999.99; $5,000-$9,999.99; $10,000 & up
Check Orders	Regular price.	First order of checks are free, then regular price.	Free checks.

Earnings in excess of $10 are reportable, according to the IRS.