Skip to Content

E-Interest Checking

HomeHome Personal Banking Checking E-Interest Checking

Bank Electronically and Earn a Great Rate!

You like your banking in digital form. You do not want to sift through paper bank statements each month, your debit card is your favorite item in your wallet and Direct Deposit is the only way you want to be paid. Now, you get rewarded for your preference for banking electronically!

How E-Interest Checking Works

Our E-Interest Checking account works like most other accounts. The difference is that you earn a premium interest rate on balances up to $25,0001 and no monthly fee by meeting a few simple requirements:

  • Be enrolled and receive E-Statement each cycle
  • Have at least 25 debit card purchases post and settle each cycle
  • Have at least one Direct Deposit post each cycle

Not complying with the three above items will result in a $6 monthly fee. This interest-bearing account only requires a $100 minimum opening deposit.

Additionally, you get access to all of the great banking tools and services we offer:

E-Interest Checking allows you to digitize your banking experience to be convenient for you!


1APY= Annual Percentage Yield. APYs are accurate as of 08/15/2017. Minimum to open is $100. Qualifications: 1) have at least 25 debit card purchases post and settle each cycle, 2) have at least 1 direct deposit post each cycle, 3) be enrolled and receive eStatement each cycle. If qualifications are met each cycle: 1) waive monthly service charge, balances up to $25,000 receive APY of 1.85% for six months after opening, rate may change after 6 months, 2) balances over $25,000 earn 0.09% APY on portion of balance over $25,000, resulting in 1.85%-0.09% APY depending on the balance. If qualifications are not met: 1) all balances earn 0.02% APY, 2) monthly service charge of $6 will apply. Other First Bank of Alabama (FBA) service charges, such as overdraft or stop payment charges, will apply. These fees could reduce the earnings on your account. We reserve the right to end this promotion at any time. “Statement cycle” and “cycle” mean a period to begin on the third Thursday of each month and end one day prior to the third Thursday of the following month. Consumer accounts only.

2There will be a fee of $1 per mobile deposit item in excess of the 5 free mobile deposit items each statement cycle. Carrier/data rates may apply.

Our communities grow with your financial success. Get free online financial training with us.

Get Started
Back to Top