Federal Deposit Insurance Corporation FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Community Reinvestment Act Notice

Under the Federal Community Reinvestment Act (CRA), the Federal Deposit Insurance Corporation (FDIC) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. The Federal Deposit Insurance Corporation also takes this record into account when deciding on certain applications submitted by us.

Your involvement is encouraged.

You are entitled to certain information about our operations and our performance under the CRA, including, for example, information about our branches, such as their location and services provided at them; the public section of our most recent CRA Performance Evaluation, prepared by the Federal Deposit Insurance Corporation (FDIC); and comments received from the public relating to our performance in helping to meet community credit needs, as well as our responses to those comments. You may review this information today.

At least 30 days before the beginning of each quarter, the Federal Deposit Insurance Corporation publishes a list of the banks that are scheduled for CRA examination by the Federal Deposit Insurance Corporation in that quarter. This list is available from FDIC Regional Director, Division of Depositor and Consumer Protection, 1110 Walnut Street, Suite 2100, Kansas City, MO 64106. You may send written comments about our performance in helping to meet community credit needs to the President, First State Bank, 423 Broadway, Buxton, ND 58218 and the FDIC Regional Director. You may also submit comments electronically through the FDIC’s website at www.fdic.gov/regulations/cra. Your letter, together with any response by us, will be considered by the Federal Deposit Insurance Corporation in evaluating our CRA performance and may be made public.

You may ask to look at any comments received by the FDIC Regional Director. You may also request from the FDIC Regional Director an announcement of our applications covered by the CRA filed with the FDIC. We are an affiliate of Full Service Insurance Agency Inc., a bank holding company. You may request from Officer in Charge of Supervision, Federal Reserve Bank of Minneapolis, 90 Hennepin Ave, Minneapolis, MN 55480-0291, an announcement of applications covered by the CRA filed by bank holding companies.

Fee Schedule

Account Closed$10.00 if closed within six months of opening
Account Research, Statement Reconciliation Reconciliation and/or Copies of Statements$20.00 per hour (1 hour minimum)
$1.00 per microfilm copy
$1.00 per statement
ACH Transfer To Or From Another Financial Institution
$5.00 per transfer
Business Digital Banking
Positive Pay (ACH Only) Option - $15.00
BDB ACH Origination - $25.00 per month
BDB Domestic Wire Transfer - $30.00 per wire
Cashier's Check$5.00 per check
Check Cashing (Non Customer Only)1% of check, $5.00 minimum
Coin Counting (Non Customer Only)10%, $2.00 minimum
Collections
$15.00 + 1%, Max. $250 - Incoming
$15.00 per item - Outgoing
Copy of Check, Deposit or Withdrawal$1.00 per copy
Counter Checks$5.00 for a book of 20 checks
Debit CardNo Annual Fee
$10.00 Card Replacement Fee
Dormant(1) Account Fee$5.00 per month only if account balance is $100.00 or less
Deposit Bags$25.00 per bag
Expedited Bill Pay Fee$4.95 to $19.95 depending on delivery method
FaxSending - 1st Page - $2.50
Each Additional Page - $1.00
Receiving - 1st Page - $1.00
Each Additional Page - $1.00
Foreign CurrencyCustomers only - @ current cost
Garnishment/Levy$25.00 per Garnishment/Levy
VISA GiftcardNew Card Issuance Fee - $5.00
Money Order$4.00 per money order
Notary PublicNo Charge - Customers
$3.00 - Non-Customers
Overdraft Fee$30.00 per occurrence(2)
*Maximum of $150.00 in Overdraft Fees per day Overdrafts by checks, ACH withdrawals, or in person withdrawals may result in an Overdraft Fee.
Continuous Overdraft Charge$30.00 every 5 business days
Overdraft Protection Transfer Fee$5.00 per transfer
*This fee will be charged each time your pre-authorized overdraft protection transfer occurs between a Checking and a Savings Account.
Photocopies$0.25 per page
Ready Reserve$30.00 Annual Fee
(3)Annual Fee will be assessed in the anniversary month of your note.
Returned Item Fee$30.00 per occurrence
Maximum of $150.00 per day
Returned Deposit Item/Cash Item$10.00 per returned item presented for deposit
Maximum of $150.00 per day
Safe Deposit BoxesAnnual Rent 3 x 5 - $25.00
Annual Rent 4 x 5 - $30.00
Annual Rent 3 x 10 - $35.00
Annual Rent 3.5 x 10 - $45.00
Annual Rent 5 x 10 - $50.00
Annual Rent 10 x 10 - $60.00
Mailed Notice (no automatic payment) - $25.00
Drill Lock - $125.00 + mileage
Lost Key - $50.00
Late Charge - $10.00 annually
Stop Payment Fee$25.00 per check
$25.00 per ACH item
$25.00 per range of checks
Wire Transfers$10.00 - Incoming Customer
$30.00 - Outgoing
$25.00 - Incoming International
$75.00 - Outgoing International
Written Credit Information$10.00

First State Bank Products and Limitations:

  1. ATM Fee Refunds: A maximum of $12.00 in ATM fee refunds per month. Customer must bring in receipt within 30 days of ATM Transaction.
  2. Mobile Deposit: There is a $10,000 limit when depositing a check via mobile deposit. Please contact us should you have a mobile deposit over $10,000.
  3. P2P Transfer Limit: $3,000 per transfer, $5,000 per continuous 7 day period, $10,000 per month.
  4. Swipe & Save Annual Match: First State Bank will match up to $599.00 annually.

(1)Dormant is defined as 12 months of inactivity for Checking Accounts and 24 months of inactivity for Savings Accounts
(2)If the overdraft causes the overdrafted balance to fall to $5.00 or less an Overdraft Charge will not be charged
(3)The Ready Reserve Annual Fee will be assessed in the anniversary month of your Ready Reserve Note. For example if your Ready Reserve Note was originated in June of 2015, your Annual Fee will be assessed in June of each year.

Patriot Act Notice

Important information about procedures for opening a new account.

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions obtain, verify and record information that identities each person who opens an account.

What this means to you:

  1. When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you.
  2. We may also ask to see your driver’s license or other identifying documents.

We proudly support all efforts to protect and maintain the security of our customers and our Country.  We apologize for any inconvenience this may cause, however, federal law prohibits us from waiving these requirements.

Privacy Notice

View Privacy Notice