Barn on a Farm
Below is a list of the checking accounts that we offer
The following additional terms apply to this account:
PAYMENT ORDER OR ITEMS – The law permits us to pay items (such as checks or drafts) drawn on your account in any order. To assist you in handling your account with us, we are providing you with the following information regarding how we process items that you write. When processing items drawn on your account, our policy is to pay them according to the dollar amount. We pay the smallest items first and internal checks before third party checks. The order in which items are paid is important if there is not enough money in your account to pay all of the items that are presented. Our payment policy minimizes the number of items that may result in an overdraft or NSF fee. If an item is presented without sufficient funds in your account to pay it, we may, at our discretion, pay the item (creating an overdraft) or return the item (NSF). The amounts of the overdraft and NSF fees are disclosed on the Fee Schedule page. We encourage you to keep accurate records and practice good account management. This will help you to avoid writing checks or drafts without sufficient funds and incurring the resulting fees.
A Hi-Fi deposit account may be right for you if you have a larger sum of money and want to earn a higher rate of interest, but would need minimal access by check.
The following additional terms apply to this account:
PAYMENT ORDER OF ITEMS – The law permits us to pay items (such as checks or drafts) drawn on your account in any order. To assist you in handling your account with us, we are providing you with the following information regarding how we process items that you write. When processing items drawn on your account, our policy is to pay them according to the dollar amount. We pay the smallest items first and internal checks before third party checks. The order in which items are paid is important if there is not enough money in your account to pay all of the items that are presented. Our payment policy minimizes the number of items that may result in an overdraft or NSF fee. If an item is presented without sufficient funds in your account to pay it, we may, at our discretion, pay the item (creating an overdraft) or return the item (NSF). The amounts of the overdraft and NSF fees are disclosed on the Fee Schedule page. We encourage you to keep accurate records and practice good account management. This will help you to avoid writing checks or drafts without sufficient funds and incurring the resulting fees.
Regular Passbook Savings Account – Variable
We have Vacation and Christmas club accounts in a variety of denominations to meet your needs. With a Vacation club you can save for that dream vacation, pay income taxes, property taxes, pool fees, or graduation gifts.
Please contact a New Account representative at your branch for information concerning club accounts.
*Vacation clubs open and pay out in the Spring, and Christmas Clubs open and pay out in late fall.
Whether you are saving for a college education for your kids, down payment on a new home or just for a rainy day, Fayette County National Bank has longer-term savings options that will be right for you –safe and secure investments that are FDIC insured.
Enjoy the security of a guaranteed return with a Fayette County National Bank Certificate of Deposit (CD). CDs usually pay a higher rate of interest than money market or savings accounts.
When opening a Certificate of Deposit, you have a choice of terms at competitive rates. All of our CDs are automatically renewable with a 10 day grace period.
Our CDs have a minimum deposit of $1,000 to open an account.
CD Terms Available:
Please contact a New Accounts representative at your branch for current interest rates.
*Early withdrawal may result in a penalty
Regular investing using a FCNB IRA can help to ensure your retirement years are enjoyable. It is never too early to start planning for the future. The sooner you begin contributing, the faster your savings will grow due to possible tax savings and our competitive interest rates. Our IRA accounts have a minimum deposit of $500.00 to open the account.
Minimum Amount for future deposits is $100.00.
Minimum Amount for withdrawals is $500.00.
Please contact a New Accounts representative at your branch to discuss your retirement needs.
The Federal Deposit Insurance Company (FDIC) is an independent agency of the United States government that protects the funds depositors place in banks. The FDIC is backed by the full faith and credit of the United States Government. Since the FDIC was established in 1933, no depositor has lost a penny of FDIC-insured funds.
FDIC insurance covers all deposit accounts, including:
FDIC insurance does not cover other financial products and services that banks may offer, such as safe deposit box contents, stocks, bonds, mutual funds, life insurance policies, annuities and securities.
The Standard insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.
The FDIC provides separate coverage for deposits held in different account ownership categories. Depositors may qualify for coverage over $250,000 if they have funds in different ownership categories and all FDIC requirements are met. All deposits that an accountholder has in the same ownership category at the same bank are combined and insured up to the standard insurance amount of $250,000.
EDIE is an interactive application that can help you learn about FDIC deposit insurance, and to help you make sure your deposits at any one bank are fully covered by FDIC insurance.
