First Community Bank now offers custom mascot debit cards so you can cheer on your team from anywhere! Check out all our options from the communities we serve.
• No monthly service charge
• No minimum balance requirement
• Interest paid on daily ledger balance at current Bloom With Us rate
• FirstLink Online Banking and BillPay
• Non-Imaged Statements
• Free Mastercard® debit card, subject to approval
Requirements:
• Minimum amount to open: $50
• Perform 12 debit card transactions 2
• Sign up for eStatements
• Have one (1) direct deposit of at least $200.00 per qualification cycle 3
ORDER CHECKS HERE
1APY = Annual Percentage Yield. Rate effective April 10, 2023. Fees may reduce earnings. Limited to one account per individual. Rate subject to change. 2Excludes ATM transactions; debit minimum $2.00. 12 transactions must be posted to your account per statement cycle. 3 Have one (1) direct deposit of at least $200.00 per statement cycle.
Enjoy no hassles and no hidden fees when you sign up for a FREE CHECKING account at First Community Bank. Our FREE CHECKING account comes with the great features you have come to enjoy and expect such as BillPay. You can also monitor your checking account through our FirstLink Internet Banking service.
• Minimum amount to open: $50
• No monthly service charge*
• No minimum balance requirement
• Free First Community Bank ATM card
• Free Mastercard® debit card, subject to approval
• FirstLink Internet Banking and BillPay
• Non-imaged statements
*Checking accounts without activity may be charged dormant account fees.
ORDER CHECKS HERE
• Minimum amount to open: $50
• No monthly service charge on balance of $500 ($7 if balance falls below $500)
• Free First Community Bank ATM card
• FirstLink Internet Banking and Account Information Line
• Itemized monthly imaged statements with free organizer
• Free Mastercard® debit card, subject to approval
• FirstLink Internet Banking and BillPay
Minimum amount to open: $50
No monthly service charge on balance of $750 ($8 if balance falls below $750)
Interest paid on daily ledger balance at current Interest Checking rate
Free Mastercard® debit card, subject to approval
FirstLink Online Banking and BillPay
Itemized monthly imaged statements with free organizer
For our customers 50 years of age & over
Minimum amount to open: $50
Free with direct deposit ($6 monthly service charge if balance falls below $1000 without direct deposit)
Free First Community Fifty-Plus wallet checks
Interest paid on daily ledger balance at current Fifty-Plus rate
Free cashier's checks (2 per visit)
Free photocopies (5 per visit)
Free stop payments
Free Mastercard® debit card, subject to approval
FirstLink Internet Banking and BillPay
Itemized monthly imaged statements with free organizer
Earn up to $200 in rewards 1
$100 reward for receiving direct deposit into your Community Choice account 2
$100 reward for using your Mastercard® debit card 3
Available to new customers only
One account per household
COMMUNITY CHOICE CHECKING FEATURES INCLUDE:
No monthly service fee
Opening balance requirement $50.00
Free Mastercard® debit card, subject to approval
Free FirstLink Internet Banking and BillPay**
Interest paid on account***
Unlimited check writing
Itemized monthly statements with free organizer
Mobile Banking
If you've been turned down for a checking account in the past, come to First Community Bank because we believe in second chances! We have designed a new Fresh Start checking account for the people who have had trouble managing checking accounts in the past.
Even if you have a negative history with a consumer reporting agency, you are eligible for a Fresh Start checking account at First Community Bank. We want to give you an opportunity to reestablish a checking relationship to get you back on track.
Opening balance requirement: $50.00
No monthly minimum balance requirement
Monthly service fee with direct deposit each statement cycle: $8.50
Monthly service fee without direct deposit each statement cycle: $11.50
Unlimited check writing (checks available for purchase)
Free Mastercard® debit card, subject to approval
If the account is in good standing after 12 months, account will be converted to Regular Checking.
With a First Community Bank SAVINGS ACCOUNT, it's easier than ever to start saving today. Whether you are saving to reach a personal goal or putting money back just in case of an emergency, there is no better way to get started than with a First Community Bank Savings Account. Enjoy freedom from monthly service fees while still getting interest paid each quarter.
Minimum amount to open: $25
No monthly service fee
Interest paid quarterly at current Savings rate
Unlimited deposits and up to six withdrawals per quarter (a withdrawal fee of $1 will be charged for each debit in excess of six per quarter)*
Free First Community Bank ATM card
FirstLink Internet Banking and BillPay
Telephone Banking line
Quarterly itemized statements
*Transfers or withdrawals from the account to another account or to third parties by pre-authorized, automatic or telephone transfer are limited to six per month.
It's never too early to start saving for the giving season of Christmas. There's no minimum deposit to join the CHRISTMAS CLUB, and there is no need to worry about monthly service fees. Join today, start making deposits, and get ahead of the game this holiday shopping season.
No minimum deposit
No monthly service fee
Interest paid annually at Christmas Club rate*
Auto transfer option with other account relationship
One penalty-free withdrawal**
Choose a flexible contribution plan and make deposits throughout the year
Checks available the first week in November
*The interest rate and the annual percentage yield are subject to change.
**One withdrawal allowed during the year with no fee. Any additional withdrawals $5.00 each. Maximum deposit amount in the Christmas Club is $5,000 with a limit of two accounts per household or family. Transfers or withdrawals from the account to another account or to third parties by pre-authorized, automatic or telephone transfer are limited to six per month.
Come join the fun! Teach your children the importance of saving by opening a YOUTH SAVINGS ACCOUNT and joining the Squirrel Squad.
No minimum to open and no monthly service fee
Interest paid quarterly at current Youth Savings rate (subject to change)
Unlimited deposits, up to 6 withdrawals per statement cycle. A withdrawal fee of $1 will be charged for each debit in excess of six per statement cycle.*
Free First Community Bank ATM card
Free online banking
Quarterly itemized statements
Club membership kit when you sign up
Free T-shirt when you save more than $100
Exclusive Squirrel Squad activities
Teaches children the importance of saving
*Transfers or withdrawals from the account to another account or to third parties by pre-authorized, automatic or telephone transfer are limited to six per month.
You never know what kind of curve ball life will throw at you when it comes to your health. Be prepared with a HEALTH SAVINGS ACCOUNT from First Community Bank. With an HSA, you can take control of your healthcare finances. Use the account for approved out-of-pocket expenses such as doctor visits and prescriptions or keep saving for those unpredictable moments.
If your insurance policy is considered a high deductible health plan, you are eligible.*
Your contributions, earnings, and withdrawals for qualified medical expenses are all tax-free.
Any remaining funds stay in your account from year to year to cover future medical expenses.
*Health Savings Accounts available to individuals and families with high-deductible insurance policies. Account holders must adhere to certain restrictions in order to avoid fees. Ask for details. First Community Bank does not offer tax advice.
INDIVIDUAL RETIREMENT ACCOUNTS or IRAs are the smart way to save for your future. With an IRA from First Community Bank, it's easier than you think to manage your account and watch your money grow. What are you waiting for? Get the retirement you deserve by setting up your IRA today.
$100 minimum to open.
Custodial IRAs are invested in fixed-rate CDs with maturities ranging from 30 days to 5 years.
Specialized professionals are available to help answer all your questions.
Contact a branch near you today for full details!
Our MONEY MARKET ACCOUNT acts like a savings account while giving you some flexible features of a checking account.
MONEY MARKET ACCOUNT FEATURES INCLUDE:
• Minimum amount to open: $50
• No monthly service charge on balance of $1000 ($9 if balance falls below $1000)
• Interest paid on daily ledger balance at current Money Market Account tiered rate
• Unlimited deposits, up to 6 withdrawals per statement cycle. A withdrawal fee of $1 will be charged for each debit in excess of six per statement cycle.*
• FirstLink Internet Banking and BillPay
• Telephone Banking line
• Itemized monthly image statements with free organizer
ORDER CHECKS HERE
* Transfers or withdrawals from the account to another account or to third parties by pre-authorized, automatic or telephone transfer are limited to six per statement cycle.
$100,000 minimum opening balance
1 free withdrawal per statement cycle ($49.00 each additional withdrawal)
Interest compounded monthly
Thinking about a new RV, boat, deck, piece of furniture or a vacation? First Community Bank offers a full range of consumer loan choices with flexible terms. We work with you to customize a loan to meet your needs. We offer great service, competitive rates, and a quick turnaround. When you need a consumer loan, think of us, we have loans for everything!
Whether you're refinancing, expanding, relocating, or buying a commercial building, First Community Bank can help you customize a wide range of commercial real estate loans to fit your situation. Our lenders will offer you flexibility in terms of manageable payments and competitive rates. We approve your loan locally, so the decisions are made quickly by people you know and trust.
If you are considering a building project, you need a financial partner that understands your needs and delivers in a timely fashion. At First Community Bank, we can provide the financing for your next construction project from start to finish. You will work with a local loan officer who has roots in the community. Decisions are made locally and permanent financing options will be available upon project completion.
Needing extra cash to help with unexpected expenses, medical bills, pay for your children's education, consolidate your debt, or open your own business? Put your home equity to work for you. Using the equity in your home may be one of the smartest, most cost-effective ways to borrow money. Consult your tax advisor concerning tax deductibility.
Need a little motivation to tackle those home projects? First Community Bank has the means to make it happen. A home improvement loan can give you the money you need to build your dream kitchen, update your home, or add that additional bedroom and bath. You dream it, we loan it. The possibilities are endless!
Whether you are buying, building, or refinancing, our mortgage specialists can help you find the right home loan. We offer long-term fixed-rate mortgages that can be customized to the term that's right for you. Take the guesswork and uncertainty out of borrowing by knowing that your rate is locked for the duration of your loan. First Community Bank is here to help you explore all the options and get the most competitive rate. Pre-approvals are available upon request.
With a Certificate of Deposit, or CD, you are able to get a higher return on your money than in a standard savings account. CDs are a safe way to invest your money as you save for the future.
Minimum amount to open: $500
Competitive market rates on maturities from 30 days to 5 years
To get rates in your area, click here.
• GREAT INTEREST RATES AS LOW AS WSJ Prime +8.99% APR* (subject to change)
• MAKE PAYMENTS LOCALLY
• EARN POINTS ON EVERY DOLLAR SPENT
Our Peak Card allows you to earn up to 2% cash back on rotating quarterly categories and 1% on every purchase! You can also earn points you can redeem for airline tickets, hotel stays, and tons of great merchandise with Scorecard® Rewards. The Peak Card offers you the best of both worlds with rates as low as WSJ Prime +8.99% APR.* This card offers local credit decisions, local customer service, and local options to make payments. We also offer an online portal at MyCardStatement.com.
Manage your card online at MyCardStatement.com
See one of our customer service representatives at any of our locations for details!
For customer service email: creditcardcustomerservice@firstcommunity.net.
NEW USER BONUS!
When you use your Peak Card for $500 worth of purchases in the first 90 days,
you will get 1,000 bonus points, equal to $10 cash back!
*APR = Annual Percentage Rate. First Community Bank has the authority to change the annual percentage rate upon 45 days written notice to the cardholder.
GREAT LOW RATE!
Our Granite Card offers the lowest rate available starting at just WSJ Prime +4.99% APR.* This card offers local credit decisions, local customer service, and local options to make payments. We also offer an online portal at MyCardStatement.com.
Manage your card online at MyCardStatement.com
See one of our customer service representatives at any of our locations for details!
For customer service email: creditcardcustomerservice@firstcommunity.net.
Manage your card online at MyCardStatement.com
For customer service email: creditcardcustomerservice@firstcommunity.net.
GET YOUR DEBIT CARD INSTANTLY AT ANY OF OUR LOCATIONS!
We've put some of our most popular services into the palm of your hand. Our MASTERCARD DEBIT CARD gives you a faster, more economical, more convenient way to buy the products and services you need. Use your card wherever MasterCard® debit card is accepted.
If you wish to have overdraft coverage on your everyday debit and ATM card transactions, you must opt in. This service may provide a safety net in the event there are not enough funds in your account at the time of your purchase. Overdraft Privilege does not include everyday debit card purchases and ATM withdrawals unless you authorize us to do so. To opt in for overdraft privileges, you may call customer service at 870-612-3400 or 1-888-780-8391. You have the right to OPT OUT at any time by calling or writing to us or coming by any First Community Bank location.
FRAUD PROTECTIONS
To further protect you, you will begin receiving texts and/or emails asking you to confirm if suspicious purchases are valid or not. We will ONLY ask you to verify if you did make the purchase(s) or not. We will not ask for account or personal information. Keeping you protected is important to us, and we are excited to offer these new enhanced fraud services to you!
SAFEGUARDED IF LOST OR STOLEN
When you receive your ATM card or Debit Card, you'll be assigned a personal identification number (PIN). This is added security against someone making transactions without your consent. And, as an added safeguard, we provide a cap on your liability if your cards are lost or stolen.
MasterCard® is a registered trademark of MasterCard® International Inc.
One (1) card issued each year at no cost, each additional card is $4.99.
Our First Community Bank ATM card allows you to withdraw, deposit or transfer funds any time of the day. It's like having your own personal teller whenever you need one.
If you wish to have overdraft coverage on your everyday debit and ATM card transactions, you must opt in. This service may provide a safety net in the event there are not enough funds in your account at the time of your purchase. Overdraft Privilege does not include everyday debit card purchases and ATM withdrawals unless you authorize us to do so. To opt in for overdraft privileges, you may call customer service at 870-612-3400 or 1-888-780-8391. You have the right to OPT OUT at any time by calling or writing to us or coming by any First Community Bank location.
Introducing Zelle® - a fast, safe and easy way to send money in minutes1 to friends, family and others you trust, right from the First Community Bank mobile app. Zelle® makes it easy to send money to, or receive money from, people you trust - no matter where they bank2.
Log in and press the + at the bottom of the screen. Press the Zelle® Icon button. If this is your first time using Zelle®, enter your U.S. mobile number or email address to get started.
Select someone from your mobile device's contacts (or add a trusted recipient's email address or U.S. mobile phone number), add the amount you'd like to send and an optional memo. Review, then hit "Send."
You can send money to friends, family and others you trust 2.
Download the Mobile First app from Amazon, Google Play or the Apple App store by clicking below.*
Access your accounts when it's convenient for you.
With our online banking service, you have a virtual bank branch wherever you have a computer. Schedule payments, move money from one account to another and more, anytime, day or night.
ONLINE BANKING FEATURES
It's Fast and Convenient.
It's Secure.
It's Powerful.
View your account balances and history.
Transfer money between accounts.
Pay bills online.*
Download account information directly into Microsoft® Money.
Send secure electronic or paper check payments
Set up recurring, occasional or one-time payments. With just a few clicks, you can schedule a recurring payment - an auto or insurance bill for example - to be paid on the same day for the same amount every month and never have to worry about it again
With FirstLink, you can transact your banking business and pay bills any time of the day or night, as long as you have a computer and Internet access. Using FirstLink is easy, but if you do need any help, just follow the instructions on your screen after logging on.
*Internet BillPay is offered at no cost to customers who utilize the service at least one time per calendar month. A $4.95 inactivity fee will be charged if BillPay is not used.
MOBILE BANKING
Do you have an iPhone or Android phone? We have an app for that! Even if you don't have a smartphone, you can use the texting feature on your cell phone to check balances, view transactions and receive account alerts.
MOBILE DEPOSIT
Deposit your checks in a snap from your mobile device! Just sign on to our Mobile First app and take a photo of the front and back of your check. A couple of clicks later and your deposit will be complete.
*Some restrictions apply. See bank for details.
Download the app from Amazon, Google Play or the Apple App store by clicking below.*
*Apple and the App Store logo are trademarks of Apple Inc., registered in the U.S. and other countries. Android, Google Play and the Google Play logo are trademarks of Google LLC. Amazon and all related logos are trademarks of Amazon.com, Inc. or its affiliates.
FDIC Customer's Guide to Cyber Security
FCC Cyber Security Planning Guide
10 Scams Targeting Bank Customers
10 estafas dirigidas a clientes bancarios
Manage your bills simply and securely with Online BillPay.*
No checks, no stamps, no hassles. Pay anyone with the convenience of Online BillPay.
Sign up for Internet Banking today.
* BillPay is offered at no cost to customers who utilize the service at least one time per calendar month. A $4.95 inactivity fee will be charged if BillPay is not used.
FDIC Customer's Guide to Cyber Security
FCC Cyber Security Planning Guide
10 Scams Targeting Bank Customers
10 estafas dirigidas a clientes bancarios
Get rid of the clutter by signing up for eStatements. You'll get immediate email notifications and online access whenever your statement or notice is ready. Help reduce paper waste and conserve resources by signing up for FREE electronic statements today.
LOG-IN
If you need assistance please contact our Customer Service Department.
FDIC Customer's Guide to Cyber Security
FCC Cyber Security Planning Guide
10 Scams Targeting Bank Customers
10 estafas dirigidas a clientes bancarios
GENGOLD® - A BENEFITS PACKAGE THAT OFFERS REAL SAVINGS ON PRODUCTS & SERVICES YOU USE EVERY DAY.
IDENTITY THEFT & SECURITY CENTER PROGRAM
Featuring Restoration Rescue® - Identity Theft Restoration Service, lost document recovery, fraud alerts, credit reports throughannualcreditreport.com & junk mail reduction.
TRAVEL DISCOUNTS
Book your travel through GenGold® and receive the GUARANTEED lowest price available at the time of booking on travel with 3% to 5% cash back on air fares, cruises & travel packages. Savings of 5% to 30% off hotel & car rental reservations.
LOCAL BUSINESS PARTNERS
First Community Bank has partnered with local businesses that offer unique discounts to GenGold® members. Visit www.gengold.com to view the complete list of local participants. Shop locally, show your GenGold® card & enjoy the instant discounts!
NOW FEATURING CELLULAR CARE COVERAGE!
The Cellular Care Coverage Plan automatically begins 30 days from your date of enrollment. It is supplemental to any valid and collectible insurance or indemnity cell phone programs you may have. After all other insurance has been exhausted; we will cover damage repair costs up to $600.00 per membership account per lifetime. In addition, the deductible payments required for any other insurance plan will be covered up to $200.00 (which will be deducted from the $600.00 maximum coverage). If damage occurs, simply send in your itemized paid receipt within 30 days of the date repaired. Cell phone must be less than 2 years old.
TICKETXPRESS
Exclusive savings of up to 50% and access to the best online entertainment offers on movie tickets, sporting events, concerts, theme parks, ski resorts, zoos, aquariums, tours and much more! eDelivery, eRedemption, and no processing fees make your favorite movies and entertainment super convenient and super affordable.
OTHER BENEFITS INCLUDE:
See Terms and Conditions for complete Identity Theft Program benefits. Generations Gold, Inc., a fully independent third party service provider, to provide travel and other discount services on an exclusive basis directly to GenGold® members. First Community Bank assumes no liability for any of the providers in fulfilling their services. Account set-up is required by member for Cash Back Rewards. Not all plans available in all areas; some restrictions apply. Visit www.gengold.com or call 1.800.428.6686 for complete program details.
*Entitled to one 60 day free trial period per household.
OVERDRAFT PROTECTION AND OVERDRAFT PRIVILEGE
First Community Bank understands that unexpected overdrafts occur from time to time – Overdraft Coverage can help.
Overdraft Coverage Options
The choice is yours. Consider these ways to cover overdrafts:
| Service | Cost |
| Overdraft Protection link to another deposit account you have at First Community Bank1 | $5 fee per transfer |
| Overdraft Protection Line of Credit or Loan Reserve1, 2 | Subject to interest |
| Overdraft Privilege Standard or Extended Coverage | $32 Overdraft Fee per item presented*. |
1Call us at (870) 612-3400 or (888) 780-8391, send us a secure message through online banking, or come by a branch to sign up or apply for these services; 2Subject to credit approval.
* Per item presented means each time an item is presented, including re-presentment
Overdraft Protection applies to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account, or Line of Credit or Loan Reserve you may have at First Community Bank for a fee or finance charge. Please note that overdraft lines of credit are subject to credit approval.
Overdraft Privilege allows you to overdraw your account up to the disclosed limit for a fee to pay a transaction. Even if you have Overdraft Protection, Overdraft Privilege is still available as secondary coverage if the other protection source is exhausted. Please review What Else You Should Know for other important information.
Transactions Covered with Overdraft Privilege | Standard Coverage | Extended Coverage (Your consent required on consumer accounts)* | |
Checks | X | X | |
ACH - Automatic Debits | X | X | |
Recurring Debit Card Transactions | X | X | |
Online Bill Pay Items | X | X | |
Internet Banking Transfers | X | X | |
Telephone Banking | X | X | |
Teller Window Transactions | X | X | |
ATM Transactions |
| X* | |
Everyday Debit Card Transactions |
| X* |
*If you choose Extended Coverage on your consumer account, ATM transactions and everyday debit card transactions will be included with the transactions listed under Standard Coverage. If you already have Overdraft Privilege Extended Coverage, it is not necessary to request it again. Business accounts automatically have Extended Coverage.
If you would like to select Extended Coverage for future transactions:
· Call us at (870) 612-3400 or (888) 780-8391
· Complete the online consent form
· Visit any branch
· Complete a consent form and mail it to us at P. O. Box 4327 Batesville, AR. 72503
· Send us a secure message through online banking
If you want to discontinue Overdraft Privilege in its entirety, contact us at (870) 612-3400 or (888) 780-8391 or send us a secure message through online banking.
EXTENDED COVERAGE CONSENT FORM
WHAT ELSE YOU SHOULD KNOW
A link to another account or Line of Credit or Loan Reserve may be less expensive than an overdraft. A single larger overdraft will result in one fee, instead of multiple smaller overdrafts. Use our mobile, internet, and telephone banking services to track your balance. For financial education resources, please visit www.mymoney.gov.
The $32 Overdraft Fee that is charged if you overdraw your account is the same fee that is charged if an item is returned as unpaid. If multiple items overdraw your account on the same day, each item will be assessed an appropriate Overdraft Fee or a Returned Item Fee of $32. All fees and charges will be included as part of the Overdraft Privilege limit amount. Your account may become overdrawn more than the Overdraft Privilege limit amount because of a fee.
For consumer accounts, there is a limit of 4 Overdraft Fees ($128) per day we will charge you for overdrawing your account. We will not charge you a fee if your account is overdrawn less than $10 on any given business day and/or we will not charge you a fee if the item presented is less than $5. These exceptions do not apply to business accounts.
Recipients of federal or state benefits payments who do not wish us to deduct the amount overdrawn and the Overdraft Fee from funds that you deposit or that are deposited into your account may call us at (870) 612-3400 or (888) 780-8391 to discontinue Overdraft Privilege.
If an item is returned because the Available Balance (as defined below) in your account is not sufficient to cover the item and the item is presented for payment again, First Community Bank (“We”) will charge a Returned Item Fee each time we return the item because it exceeds the Available Balance in your account. Because we may charge a Returned Item Fee each time an item is presented, we may charge you more than one fee for any given item as a result of a returned item and re-presentment of the item. When we charge a Returned Item Fee, the charge reduces the Available Balance in your account and may put your account into (or further into) overdraft. If, on re-presentment of the item, the Available Balance in your account is sufficient to cover the item we may pay the item, and, if payment causes an overdraft, charge an Overdraft Fee. We may use the terms “item” and “transaction” interchangeably.
This describes the posting order for purposes of determining overdrafts. Our general policy is to post items throughout the day and to post ACH credits before debits. Checks and ACH transactions are posted from lowest to highest dollar amount, ATM and debit card transactions post in the order they are received; however, because of the many ways we allow you to access your account, the posting order of individual items may differ from these general policies. Holds on funds (described herein) and the order in which transactions are posted may impact the total amount of Overdraft Fees or Returned Item Fees assessed.
Overdraft Privilege is not a Line of Credit or Loan Reserve; it is a discretionary overdraft service that can be withdrawn at any time without prior notice.
Depositor and each Authorized Signatory will continue to be liable, jointly and severally, for all overdraft and fee amounts, as described in the Deposit Account Agreement and Disclosure. The total (negative) balance, including all fees and charges, is due and payable upon demand.
We may be obligated to pay some debit card transactions that are not authorized through the payment system but which we are required to pay due to the payment system rules, and as a result you may incur fees if such transactions overdraw your account. However, we will not authorize debit card or ATM transactions unless your account’s Available Balance (including Overdraft Coverage Options) is sufficient to cover the transactions and any fee(s).
Giving us your consent to pay everyday debit card and ATM overdrafts on your consumer account (Extended Coverage) may result in you incurring Overdraft Fees for transactions that we would otherwise be required to pay without assessing an Overdraft Fee. However, this would allow us to authorize transactions up to the amount of your Overdraft Privilege limit. If you consent to Extended Coverage on your consumer account, it will remain on your account until it is otherwise withdrawn.
Understanding your Available Balance: Your account has two kinds of balances: the Ledger Balance and the Available Balance.
We authorize and pay transactions using the Available Balance.
Your Ledger Balance reflects the full amount of all deposits to your account as well as payment transactions that have been posted to your account. It does not reflect checks you have written and are still outstanding or transactions that have been authorized but are still pending.
Your Available Balance is the amount available to you to use for purchases, withdrawals, or to cover transactions. The Available Balance is your Ledger Balance, less any holds due to pending debit card transactions and holds on deposited funds.
The balance used for authorizing checks, ACH items, and recurring debit card transactions is your Available Balance plus the amount of the Overdraft Privilege limit and any available Overdraft Protection.
The balance used for authorizing ATM and everyday debit card transactions on accounts with Extended Coverage is your Available Balance plus any available Overdraft Protection and includes the Overdraft Privilege limit.
Because your Available Balance reflects pending transactions and debit holds, your balance may appear to cover a transaction but later upon settlement it may not be sufficient to cover such transaction. In such cases, the transaction may further overdraw your account and be subject to additional overdraft fees. You should assume that any item which would overdraw your account based on your Available Balance may create an overdraft. Note that we may place a hold on deposited funds in accordance with our Deposit Account Agreement and Disclosure, which will reduce the amount in your Available Balance.
Please be aware that the Overdraft Privilege amount is not included in your Available Balance provided through online banking, mobile banking or First Community Bank’s ATMs.
We will place a hold on your account for any authorized debit card transaction until the transaction settles (usually within two business days) or as permitted by payment system rules. In some cases, the hold may exceed the amount of the transaction. When the hold ends, the funds will be added to the Available Balance in your account. If your account is overdrawn after the held funds are added to the Available Balance and the transaction is posted to the Available Balance, an Overdraft Fee may be assessed.
Except as described herein, we will not pay items if the Available Balance in your account (including the Overdraft Privilege limit, if applicable) is not sufficient to cover the item(s) and the amount of any fee(s).
Understanding Overdraft Privilege Limits
New consumer and business checking accounts will receive a $100 Introductory Overdraft Privilege limit at account opening that will be increased to $500 after 35 days ($700 after 60 days) and in good standing for consumer accounts and to $1,500 after 35 days in good standing for business accounts.
Overdraft Privilege may be reduced if you default on any loan or other obligation to us, your account becomes subject to any legal or administrative order or levy, or if you fail to maintain your account in good standing by not bringing your account to a positive balance within 35 days for a minimum of one business day. You must bring your account balance positive for at least one business day to have the full Overdraft Privilege limit reinstated.
If you have any questions about Overdraft Protection or Overdraft Privilege, please call us at (870) 612-3400 or (888) 780-8391 or visit a branch.
Our Swipe & Save Program is designed to help our customers save automatically. Debit card transactions are rounded up to the nearest dollar, and the difference is then transferred from a checking account to a designated savings account.
Getting started saving today is easy as 1, 2, 3!
1. Enroll
First, enroll the First Community Bank checking account that is connected to your debit card.
2. Shop
Next, use your debit card for everyday purchases. In other words, spend like you normally would.
3. Save
Finally, we’ll round up your purchases to the nearest dollar amount and transfer the change from your checking account to the savings account of your choice.
