Skip to main content
_FB_2018-Icons-finalized-cleaned-up_new_FB_2018-Icons-finalized-cleaned-up_newGroup 9
Back
Scroll to top

Checking Account Offers – High Point NC

Personal Finances 3 min read

Ready to talk to an expert?

High Point, North Carolina is home to over 100,000 people and is considered the “Home Furnishings Capital of the World.” In addition to High Point’s rich history of furniture manufacturing, they have grown to expand their reach in customer service, manufacturing, pharmaceuticals and photography. In a town so dedicated to celebrating the uniqueness and personality of its populace, it’s no surprise that they’ve embraced First Bank as their neighborhood bank. We deliver personalized banking services with a diverse set of options to choose from.

First Bank offers great checking accounts with some of the best rates and benefits in the High Point, NC, area. We have five different personal checking account options and five different business account options to meet the individual needs of our customers.

Personal Checking Account Options

If you are thinking of opening a checking account, consider First Bank’s personal checking account. We have three comprehensive accounts that range from basic to premium. They all include great benefits such as free online and mobile banking*. First Bank’s checking accounts are hassle-free and easy to set up.

We also offer two demographic specific checking accounts. Students from High Point, South, and Laurel Universities under the age of 25 qualify for our Campus Checking account. Students who open a campus checking account will enjoy free mobile and online banking, mobile check deposit, flexible ATM use, and free online bill pay.**

With direct deposit of $250 a month, seniors (over 55) may qualify for no monthly maintenance fees.* At First Bank, we believe you shouldn’t have to worry about hidden fees, you should have something to show for those hard earned dollars!

Business Checking Account Options

First Bank’s business checking account offers range from our most basic Business Essentials account to our most advanced Commercial Analysis option.

If you are an individual or business owner, stop by First Bank on North Main Street in High Point, NC or on Brian Jordan Place in High Point, NC to speak with one of our associates about opening up a checking account today.


*Eligible personal deposits include checking, savings, Money Market, CD, or IRA. Eligible personal loans do not include residential mortgage loans. Direct deposit defined as external ACH credit. Transfers from other First Bank accounts or deposits made at a branch do not apply. Federal regulations limit withdrawals or preauthorized transfers to six (6) per month, including checks, drafts, online transfers, telephone transfers and debit card purchases. You may conduct an unlimited number of withdrawals at the ATM, in person at a branch, or by mail when the check is mailed to you.

**Account holders may avoid the Monthly Maintenance Fee by meeting any of the requirements listed in the Keep it Fee FreeTM section of the account summary table for their account type. Other account service fees may apply as described in the Account Services Fee Schedule available on our website at fees or at your local branch.

———

Sources:

Investopedia: http://www.investopedia.com/terms/d/directdeposit.asp

Ready to talk to an expert?

Share:
First Bank’s Good To Know Logo
Sign up for our newsletter and be the first to know about new tips, insights, and products from First Bank.
First Bank may use this email address to contact you about products, services, and promotions.

You may be interested in...

Best Banking Rates and Services: First Bank, NC There are many factors to consider when assessing a checking account comparison. You’ll want to weigh interest rates, maintenance fees, ATM options, online features and more. First Bank has nearly 100 locations across North Carolina to house your money under a variety of checking options. Use the chart below to compare three of First Bank’s personal checking accounts. Compare Checking Accounts at our First Bank Locations Everywhere Checking Free online and mobile banking, free online bill pay, and free eStatements or paper statements Learn More Everywhere Plus Interest at a minimal balance requirement Free online and mobile banking, free online bill pay, and free eStatements or paper statements Learn More Everywhere Premium No First Bank fees on out-of-network ATM withdrawals Free member checks or 50% off other check designs, plus 4 free official checks per statement cycle Interest at a minimal balance requirement Free online and mobile banking, free online bill pay, and free eStatements or paper statements Learn More Learn More at First Bank As you can see, there’s something for everyone at First Bank. We even have accounts catered specifically for college students and senior citizens along with a wide selection of business checking accounts. Learn more about First Bank’s accounts and perform your own checking account comparison to find the one that’s right for you. Come by your local branch today. Account holders may avoid the Monthly Maintenance Fee by meeting any of the requirements listed in the Keep it Fee FreeTM section of the account summary table for their account type. Other account service fees may apply as described in the Account Services Fee Schedule available on our website at fees or at your local branch. Eligible personal deposits include checking, savings, Money Market, CD, or IRA. Eligible personal loans do not include residential mortgage loans. Direct deposit defined as external ACH credit. Transfers from other First Bank accounts or deposits made at a branch do not apply. ——— Sources: Investopedia: http://www.investopedia.com/terms/i/interest.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186 Investopedia: http://www.investopedia.com/terms/m/minimum-balance.asp 2 min read
Image for tile. Learn How Much You Should Be Saving Each Year Wondering how much you should be saving each year? Many specialists believe in the 50/20/30 budget: 50% is spent on necessary expenses (e.g. credit card bills, rent), 20% of your income is put into savings, and 30% is left for your luxury expenses (e.g. a new TV, restaurants). By following this rule, you can comfortably begin saving for retirement or an emergency fund while having enough to make ends meet. How Much Should I Be Saving? While there’s no one-size-fits-all answer to how much you should have saved, there are some goals you should focus on during your 20s, 30s, 40s and beyond. Here’s a recommended savings road map to guide you at any age: 20s: Focus on building your credit, paying off loans and save something each month. Even if you’re not able to save quite up to 20% of your income, try starting at 10%. 30s: Allocate more money into savings, especially if you’re thinking about starting a family, buying a new home, or taking on a few home repairs soon. You should be putting at least 15% of your income into savings, if not more. Additionally, you should continue to pay off all non-mortgage debt. 40s: Get your credit card debt under control and up the amount you’re putting away into savings again. By this time, you should aim to have more than your current salary put away in savings. 50s: Max out your retirement contributions and pay off your mortgage. You should aim to have as much of your income and investments working towards your retirement goals as possible. Ideally, you have more than two times your current salary set aside in savings. Start Saving for Your Future Today Changing the way you spend can feel overwhelming at first and requires discipline. However, in time, you’ll get used to what is necessary and how much of your luxury expenses can be cut or limited. Take charge of your finances and invest in your future. For more questions about how much you should be saving each year, or how to get started, contact your local First Bank branch today!  ——— Sources: Experian: https://www.experian.com/blogs/ask-experian/how-much-should-you-save-each-month/ Huffington Post: http://www.huffingtonpost.com/simple-thrifty-living/in-your-20s-40s-60s-the-b_b_5686551.html Money Under 30: http://www.moneyunder30.com/how-much-do-you-need-to-have-saved-for-retirement 2 min read
High-Interest Savings Accounts in South Carolina Why should I settle for a regular savings account when I can take advantage of a high-interest savings account? If I’m going to store my money away, I may as well get the highest interest on it that I can. While the above statement is true, it’s important to understand the difference between a traditional savings account and a high-interest savings account. In South Carolina for example, First Bank offers a Money Market account with interest rates that are higher than the basic savings account options offered. However, there are some further requirements for high-interest savings accounts as a trade-off for the better interest. Money Market Account vs. Basic Savings Account Let’s break down some of the differences of a high-interest money market savings account when compared to First Bank’s most basic savings account so you can be sure you’re selecting the savings account that is right for you. Initial Deposit Basic account: Only a $50 minimum deposit is required to open the account. Money Market: You’ll need an initial deposit of $1,000 to open. How to Avoid Monthly Maintenance Fees* Basic account: You can avoid First Bank’s monthly maintenance fees just by keeping a $300 minimum daily balance. Money Market: In order to steer clear of monthly maintenance fees, you’ll need a $2,500 minimum balance or an average collected balance of $5,000 or more. ATM Withdrawals** Basic account: Enjoy two free withdrawals per month within the approved network. Money Market: You have the luxury of 6 free monthly withdrawals within the approved network. High-Interest Savings Accounts in South Carolina There are 6 First Bank locations in South Carolina offering high-interest savings accounts and basic savings accounts alike. And there are many similarities between the two as well. Each offer such amenities as online and mobile banking, monthly electronic statements, account activity alerts, mobile check deposit and more. Use our account comparison chart to see the two savings accounts side-by-side and visit your nearest South Carolina First Bank to open the one that’s right for you. *Account holders may avoid the Monthly Maintenance Fee by meeting any of the requirements listed in the Keep if Fee Free™ section of the account summary table for their account type. Other account service 3 min read