Very First Bank Kansas started in 1955 and its particular head office can be found in Salina, Kansas. It handles assets of $439 million in addition to deposits totaling $396 million, classifying it being a medium-size bank. First Bank Kansas lacks access that is premium customer support, without any real time talk or all-day solution possibilities. It really is a old-fashioned brick-and-mortar bank with use of solution representatives at a real location, as well as its online and mobile apps. We rated the lender at a 4 away from 5 movie movie stars, indicating that First Bank Kansas is a bank that is respectable you should look at. Very First Bank Kansas has got the complete slate of banking services and products, including cost cost savings records, checking reports, cash market reports, CDs, IRAs and home loan services and products. It offers a reasonable cost savings price contrasted towards the typical checking account. The lender’s standard bank checking account has a $3.00 fee that is monthly that will be appropriate compared to other U.S. banking institutions. Institutions offering no-fee checking, along with a top savings APY would be the bet that is best for coming back the greatest earnings in your deposits whilst having convenient usage of your funds.
Exactly How We Rated It
SmartAsset’s general Rating
The is really a weighted average of prices, charges, solution quality and health that is financial. Find out more
Whenever a factor score is unavailable, the general score is determined as on average the rest of the available ratings.
Rates The Prices score represents an aggregate of great interest prices for particular bank services and products calculated from the national typical rate of interest for every item. Item rates of interest can vary by branch. Prices shown mirror the best available nationwide. Costs The Fees score is an evaluation for the bank’s charges calculated against the national typical charge amount for particular solutions and it is affected by whether or not the financial institution refunds ATM fees. Provider Quality the client Experience score is just an average that is weighted of Cellphone Rating plus the customer Satisfaction get, that will be according to complaints taken to the customer Financial Protection Bureau (CFPB). Financial wellness The Financial wellness score is dependant on the Texas Ratio, an indicator that warns of credit dilemmas at specific banks: anything not as much as 5% is considered exceptional; significantly less than 20% is great; significantly less than 50% is great; significantly less than 90percent is Fair; and over 90% is bad.
Very First Bank Kansas features a discount rate of 0.25per cent, that will be reasonable when compared to average that is national. First Bank Kansas’s one-year and term that is five-year CDs make at a level of 1.51% and 2.02%, correspondingly, while its highest-yielding cash market account has an interest rate of 0.45per cent. Offered First Bank Kansas’s noncompetitive cost savings price, you should think about selecting another bank to earn much more in your deposits.
How Very First Bank Kansas’s Savings Rates Compare
First Bank Kansas typically has high charges set alongside the U.S. that is average bank. At $3.00/month, First Bank Kansas’s bank account just isn’t perfect for individuals who require a hassle-free bank account. Very First Bank Kansas doesn’t refund out-of-network ATM fees, meaning you will be needed to seek out a primary Bank Kansas ATM or accept the ATM cost.
Very First Bank Kansas is a brick-and-mortar bank, with eight total branches in Kansas. Moreover it provides usage of mobile and internet apps for a simple mobile-banking experience. It will not provide customer that is all-day with representatives. You will get assistance during its customer care hours, that are through Friday and 8:00 a.m. to 5:00 p.m. CT monday. Very First Bank Kansas gets reasonable feedback from clients because of its online existence. The very first Bank Kansas app that is mobile ranked at 3.8 away from 5 (away from 150 consumer reviews on Apple and Android) set alongside the nationwide average of 3.8. You can access First Bank Kansas’s software to regulate your money by monitoring monthly statements, moving cash in addition to reaching help representatives. Very First Bank Kansas gets an excellent customer satisfaction score as a result of fairly few complaints filed with all the customer Financial Protection Bureau (CFPB), a government-backed customer security agency.
First Bank Kansas is a bank that is medium-size manages $439 million in assets and $396 million in deposits. This has a great Texas Ratio of 1.12per cent, indicating that the financial institution is with in outstanding monetary form and not even close to failure. Furthermore, First Bank Kansas is FDIC-insured, and thus your hard earned money is insured as much https://maxloan.org/payday-loans-sd/ as $250,000, even yet in the big event of bank failure.
Texas Ratio Review
The Texas Ratio, a way of measuring a «bad assets» against available capital, can offer a very early danger sign of bank failure. a reduced ratio shows smaller potential for failure; a greater ratio implies greater danger.