Special Offers

*Requirements for the $300 Bonus:  1) Open a First Performance Checking account online with the promo code GETCHECK (see image above of where to enter the promo code); 2) Bonus offer is available on a new checking relationship (meaning the person opening the account online has not been a primary owner of a First Bank checking or Money Market account in the 12 months prior to the account opening date); 3) The account must have a minimum opening deposit of $100; 4) 90 calendar days after account opening, the account must have the First Performance Checking account status of a “Qualifying Account”, meaning that during the most recent Qualification Period, the account had 15 or more debit card purchases and a single Direct Deposit of $250 or more post to the account.  Bonus offer is available through February 15, 2023.  If all of the requirements have been met, and the account is open, the $300 Bonus will be credited to the account within 30 calendar days after the 90-calendar day anniversary of the account.  Bonus will be reported as interest to the IRS.  First Bank reserves the right to determine eligibility for offer, and offer may be changed or discontinued at any time without notice at First Bank’s sole discretion.  This Bonus offer is limited to one per person, and it cannot be combined with any other offer.

**An account is evaluated each month on a specific Evaluation Date to determine if qualifications were met during a monthly Qualification Period; this Evaluation Date is three business days before the account’s Analysis Date (determined by the account’s analysis cycle code).  The Analysis Date is typically the same as the Statement Date (unless a combined statement is utilized) and is the date interest is credited to the account.  The Evaluation Date is the last day of the monthly Qualification Period which begins one business day after the previous month’s Evaluation Date, and it is similar to a lookback period.  Qualifying transactions must post to the account during the monthly Qualification Period.  Transactions may take one or more business days from the date of purchase to post to the account.  Qualifications to earn a premium interest rate are:

• 15 or more debit card purchases; and
• A single Direct Deposit of $250 or more. 

When all of the above qualifications are met and posted to the account during a monthly Qualification Period, the account is a Qualifying Account, and effective on the business day after the Evaluation Date, a premium interest rate of 3.00% will be paid on the portion of the account balance up to $25,000.00 (the APY for this tier will be 3.04%); and the portion of the account balance that is $25,000.01 or more will be paid at a lower interest rate of 0.10% (the APY for this tier will range from 3.04% to 0.10%, depending on the balance in the account); the account will be considered a Qualifying Account through the next Evaluation Date.  When all of the above qualifications are not met and posted to the account during the monthly Qualification Period, the account is a Non-Qualifying Account, and effective on the business day after the Evaluation Date, a lower interest rate of 0.10% will be paid on the entire account balance (the APY will be 0.10%); the account will be considered a Non-Qualifying Account through the next Evaluation Date.

When the qualifications of five (5) or more debit card purchases are met and posted to the account during a monthly Qualification Period, the monthly maintenance fee will not be assessed on the Analysis Date following the Evaluation Date.  When the qualifications of five (5) or more debit card purchases are not met and posted to the account during a monthly Qualification Period, the monthly maintenance fee will be assessed on the Analysis Date following the Evaluation Date.  

Interest Rates and Annual Percentage Yields (APYs) are accurate as of 02/03/2023. First Performance Checking is a variable-rate account, and the interest rates for a Qualifying Account and a Non-Qualifying Account may change after the account is opened.  $100 minimum balance to open.  Fees may reduce earnings.  Limit one First Performance Checking account per person. The interest rate of 3.00% paid on the portion of the account balance up to $25,000 is 50 times the “national rate” as defined on fdic.gov/resources/bankers/national-rates as the average of rates paid by all insured depository institutions and credit unions for which data is available, with rates weighted by each institution’s share of domestic deposits; as of January 17, 2023, the interest checking account national rate was .06% and was based on the $2,500 product tier.

Special Rules for New Accounts: When a new First Performance Checking account is opened, it has the status of a Qualifying Account, and effective on the account opening date, earns the premium interest rate as described above. The monthly maintenance fee is also not assessed for the first Qualification Period. During the second Qualification Period, and every Qualification Period thereafter, the account activity will be evaluated as described above to determine if a monthly maintenance fee will be assessed and if the account will retain the status of a Qualifying Account or change to the status of a Non-Qualifying Account throughout the next Qualification Period.