Opening a checking account is the first step to financial independence for most people. Checking Accounts allow you to receive paychecks directly, deposit checks, and make online payments. If you are ready to open your first account, the following tips will help you be prepared when you go to the bank.
Choosing a bank
Local community banks offer many great benefits. Quality customer service and excellent account benefits are important factors to look at when choosing a bank. FirstBank Southwest offers overdraft privilege, online BillPay, e-Statements, and more.
If you are interested in opening a Savings Account or taking out a Personal Loan in the future, select a bank that offers these services. Staying with the same bank for all your financial needs can simplify the banking process.
Checking account fees
You will need to have a deposit when you open your checking account. In addition to the deposit some banks may have a monthly service charge and require a minimum balance for accounts. FirstBank Southwest offers free checking accounts with a range of benefits and does not require you to maintain a minimum balance.
Mobile apps and ATMs
Mobile banking apps and convenient ATM locations are important factors when choosing a bank. You want to have easy access to your accounts on your mobile devices. You should also consider the number of convenient ATM locations to withdraw funds.
Opening a checking account
FirstBank Southwest has a variety of Personal and Business checking accounts available. Some benefits include convenient mobile banking, e-Statements for paperless banking, and knowledgeable staff to help you make key financial decisions. To learn more, call us at 806.355.9661 or stop by your nearest FirstBank Southwest location.