Explore First Utah Bank's Full Service Checking Account
With a First Utah Bank Full Service Checking account, you can enjoy all of the features and benefits that come along with our premier checking account. Earn interest on your balance, no monthly service fees when you meet minimum balance requirements or if you are 55 years of age and older, and unlimited check writing privileges.
Recommended if… |
You have larger account balances and you want to earn a very competitive interest rate and receive other benefits such as free checks and other free/discounted services |
Minimum Opening Deposit |
$25 |
Is there a Monthly Service Fee? |
Maintain a daily balance of $2,500 and we will waive the $12 monthly fee |
Does the account pay interest? |
Yes |
Do I receive cash back on debit card purchases? |
No |
May I request paper statements? |
Yes |
May I write checks? |
Yes |
Are there ATM fees assessed? |
Not if you use First Utah Bank or MoneyPass ATMs |
Free access to Mobile Banking, Internet Banking, Mobile Deposit and Alerts |
Yes |
Anything else? |
One free domestic wire transfer per year (fees may be imposed by beneficiary bank) plus an Annual Safe Deposit Box rental fee discount of $15 (subject to availability and requires a onetime $10 key deposit) |
Minimum balance to open the account: A minimum of $25.00 is required.
Account fees: There is no monthly service charge and no minimum balance requirements.
Rate Information: See attached rate chart. The interest rate and annual percentage yield for your account depend upon the applicable rate tier as shown on the rate chart. The interest rate and annual percentage yield for these tiers may change. Current rate chart available at www.firstutahbank.com or by calling (801) 308-BANK (2265).
Daily balance computation method: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on non-cash deposits: Interest begins to accrue on the business day you deposit non-cash items (for example, checks).
Frequency of rate changes: We may change the interest rate on your account weekly.
Determination of rate: At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency: Interest will be compounded every month. Interest will be credited to your account every month.
Effect of closing an account: If you close your account before interest is credited, you will not receive the accrued interest.
Minimum balance to avoid imposition of fees: A monthly service charge fee of $12.00 will be imposed each statement cycle if the average daily balance for the statement cycle falls below $2,500.00.
The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. Monthly Fee is waived if the primary (tax reporting) owner is 55 years old or older.
Additional terms: One free domestic wire transfer per year (fees may be imposed by beneficiary bank). Annual Safe Deposit Box rental fee discount of $15 (subject to availability and requires a one-time $10 key deposit).
|
Recommended if… |
|
You have larger account balances and you want to earn a very competitive interest rate and receive other benefits such as free checks and other free/discounted services |
|
Minimum Opening Deposit |
|
$25 |
|
Is there a Monthly Service Fee? |
|
Maintain a daily balance of $2,500 and we will waive the $12 monthly fee |
|
Does the account pay interest? |
|
Yes |
|
Do I receive cash back on debit card purchases? |
|
No |
|
May I request paper statements? |
|
Yes |
|
May I write checks? |
|
Yes |
|
Are there ATM fees assessed? |
|
Not if you use First Utah Bank or MoneyPass ATMs |
|
Free access to Mobile Banking, Internet Banking, Mobile Deposit and Alerts |
|
Yes |
|
Anything else? |
|
One free domestic wire transfer per year (fees may be imposed by beneficiary bank) plus an Annual Safe Deposit Box rental fee discount of $15 (subject to availability and requires a onetime $10 key deposit) |
Minimum balance to open the account: A minimum of $25.00 is required.
Account fees: There is no monthly service charge and no minimum balance requirements.
Rate Information: See attached rate chart. The interest rate and annual percentage yield for your account depend upon the applicable rate tier as shown on the rate chart. The interest rate and annual percentage yield for these tiers may change. Current rate chart available at www.firstutahbank.com or by calling (801) 308-BANK (2265).
Daily balance computation method: We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on non-cash deposits: Interest begins to accrue on the business day you deposit non-cash items (for example, checks).
Frequency of rate changes: We may change the interest rate on your account weekly.
Determination of rate: At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency: Interest will be compounded every month. Interest will be credited to your account every month.
Effect of closing an account: If you close your account before interest is credited, you will not receive the accrued interest.
Minimum balance to avoid imposition of fees: A monthly service charge fee of $12.00 will be imposed each statement cycle if the average daily balance for the statement cycle falls below $2,500.00.
The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. Monthly Fee is waived if the primary (tax reporting) owner is 55 years old or older.
Additional terms: One free domestic wire transfer per year (fees may be imposed by beneficiary bank). Annual Safe Deposit Box rental fee discount of $15 (subject to availability and requires a one-time $10 key deposit).
What our customers say
“Excellent bank. Top-notch customer service as they are proactive and polite. Everything is simplified, efficient, and easy to work through compared to a large, national organization.”
“They take great care of my elderly dad. Always nice and efficient.”
