First Community Bank of Bedford County is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2009, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.
Checking
Since 1998, First Community Bank has been helping customers make the most of their money. Today, we offer a variety of checking accounts to accommodate everyone's needs.
Benefits -
- Free Online Banking and Bill Payment
FCB's Online Banking can help you manage your banking whenever you'd like, right online. Optional services include free bill payment, cash management for our business customers, and coming soon - online statements. - FCB Check Card
Our Check Card is an easy way to pay for everyday purchases, right from your checking account. Use it instead of a check at more than 100,000 locations worldwide. - Overdraft Privilege
Rather than automatically returning, unpaid, any non-sufficient fund items that you may have, we will consider payment of your reasonable overdrafts, as long as you maintain your account in good standing. - Direct Deposit
Have your payroll, Social Security or retirement checks automatically deposited directly into your checking account.
Comparison of Accounts -
Review the comparison chart below and select the checking plan that meets your personal needs. To open an account, contact us or visit your local First Community Bank office.
| Regular Checking |
|
$100 minimum opening deposit ATM Card/CHECKcard (subject to approval) No monthly service charge if average balance is over $500 $6.00 monthly service charge if average balance is under $500 No monthly service charge if full time student |
| FCB Club |
|
Basic Checking Account with added feature of $20,000.00 Accidental Death and Dismemberment insurance for $8.00 per month Club Checks are included in the monthly charge ATM/CHECKcard (subject to approval) |
| NOW |
|
You must deposit $1000.00 to open this account. You must maintain a minimum daily balance of $1000.00 in the account every day to obtain the disclosed annual percentage yield. A minimum balance fee will be imposed every statement cycle if the balance in the account falls below $1000.00 any day. Frequency of Rate Change: We may change the interest rate for your account at any time. Compound and Crediting: Interest will be compounded on a monthly basis. Interest will be credited to your account on a monthly basis. If you close your account before interest is credited you will not receive the un-credited accrued interest. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). 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. |
| Super NOW |
|
You must deposit $2500.00 to open this account. You must maintain a minimum daily balance of $2500.00 in the account every day to obtain the disclosed annual percentage yield. A minimum balance fee will be imposed every statement cycle if the balance in the account falls below $2500.00 any day. Frequency of Rate Change: We may change the interest rate for your account at any time. Compound and Crediting: Interest will be compounded on a monthly basis. Interest will be credited to your account on a monthly basis. If you close your account before interest is credited you will not receive the un-credited accrued interest. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). Balance Computation Method: We use the daily balance method to calculate th interest on your account: This method applies a daily periodic rate to the principal in the account each day. |
| Senior Classic |
|
For Ages 55 and over You must deposit $100.00 to open this account. You must maintain a minimum daily balance of $500.00 in the account every day to obtain the disclosed annual percentage yield. There will be no minimum balance fee imposed on this account if the balance in this account should fall below $500.00. Frequency of Rate Change: We may change the interest rate for your account at any time. Compound and Crediting: Interest will be compounded on a monthly basis. Interest will be credited to your account on a monthly basis. If you close your account before interest is credited you will not receive the un-credited accrued interest. Interest begins to accrue on the business day you deposit non-cash items (for example, checks). 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. |
| Free Checking |
|
You must deposit $100.00 to open this account. There will be no minimum balance fee imposed on this account. This account is a non-interest bearing account. No activity, transaction, or per item fees. Checks and images are truncated (text statement only). Duplicate checks are required. Free initial check order of 40 duplicate checks. Overdraft Privilege Limit (30 day waiting period on new accounts) |
For additional information on our accounts, contact us to request a copy of our Schedule of Fees and Deposit Account Terms and Conditions.
