First Utah Bank’s Interest Checking account delivers more than you expect
Interest Checking is a whole new way to bank — there are no fees and no minimum balance. See all the features below.
Recommended if… |
You want to earn a bit of interest on your account balance |
Minimum Opening Deposit |
$25 |
Is there a Monthly Service Fee? |
No |
Does the account pay interest? |
Yes |
Do I receive cash back on debit card purchases? |
No |
Paper statements, eStatement and eNotice at no charge? |
Yes, there is a $5 per month fee, eStatement and eNotice at no charge |
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 |
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. Your interest rate and annual percentage yield may change as shown on the rate chart. 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.
Additional terms: Account includes electronic statements and electronic notices for no charge. Paper statements are available for an additional monthly fee as disclosed on our separate fee schedule.
|
Recommended if… |
|
You want to earn a bit of interest on your account balance |
|
Minimum Opening Deposit |
|
$25 |
|
Is there a Monthly Service Fee? |
|
No |
|
Does the account pay interest? |
|
Yes |
|
Do I receive cash back on debit card purchases? |
|
No |
|
Paper statements, eStatement and eNotice at no charge? |
|
Yes, there is a $5 per month fee, eStatement and eNotice at no charge |
|
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 |
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. Your interest rate and annual percentage yield may change as shown on the rate chart. 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.
Additional terms: Account includes electronic statements and electronic notices for no charge. Paper statements are available for an additional monthly fee as disclosed on our separate fee schedule.
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.”
