Picture of hands writing a check

First State Bank of Burnet Business Checking

Regular Account

  • Minimum Balance to Open the Account: $200.00
  • Credits Against Fees: This account features an earnings credit which is applied to reduce or eliminate fees on the account.
  • Earnings Credit: The earnings credit will be calculated by applying a $.03 credit per average $10.00 collected balance.
  • Fees: A service charge fee of $5.00 and a per debit item fee of $.10 per item will be charged each statement cycle unless offset by earnings credit.
  • Transaction Limitations: None
  • Interest: None

Small Business Checking

  • Minimum Balance to Open the Account: $200.00
  • Account Fees: If, during any statement cycle , your average daily balance falls below $200.00 your account will be subject to a $5.00 service charge for that statement cycle.  The average daily balance is calculated by adding the balance in the account for each day of the statement period and dividing that figure by the number of days in the statement period.
  • There is a fee of $0.50 per paper item after 50 combined (debits and credits) paper items per statement cycle.
  • There will be a fee of $2.00 for monthly paper statements. 

Now Account

  • Minimum Balance to Open the Account: $1,000.00
  • Credits Against Fees: This account features an earnings credit which is applied to reduce or eliminate fees on the account.
  • Earnings Credit: The earnings credit will be calculated by applying a $.03 credit per average $10.00 collected balance.
  • Fees: A service charge fee of $5.00 and a per debit item fee of $.15 per item will be charged each statement cycle unless offset by earnings credit.
  • Transaction Limitations: None
  • Interest: Interest will be compounded and credited into this account monthly.
  • NOTE: This account is only available to sole proprietorships and government entities.

Super Now Account

  • Minimum Balance to Open the Account: $2,500.00
  • Credits Against Fees: This account features an earnings credit which is applied to reduce or eliminate fees on the account.
  • Earnings Credit: The earnings credit will be calculated by applying a $.03 credit per average $10.00 collected balance.
  • Fees: A service charge fee of $15.00 and a per debit item fee of $.15 per item will be charged each statement cycle unless offset by earnings credit.
  • Transaction Limitations: None
  • Interest: Interest will be compounded and credited into this account monthly

Money Market Account

  • Minimum Balance to Open the Account: $2,500.00
  • Minimum Balance to Avoid a Monthly Service Charge: $2,500.00 daily balance
  • Interest: Interest will be compounded and credited into this account monthly

Treasury Management Services

We now offer the following Treasury Management Services to commercial customers:
  • Positive Pay
  • ACH Positive Pay
  • Commercial Remote Deposit Capture (coming soon)
For more information please contact our Treasury Management Specialist Molly Weilbacher at 512-766-0375 or mweilbacher@fsbburnet.com for more information.
 
Additional Benefits applicable to all accounts:
  • Internet Banking - no charge.
  • Online Bill Pay - no charge.
  • ATM/Debit Card - free.
  • No withdrawal or transfer fees at our ATMs
  • No fees for Point of Sale purchases.
  • No charge for e-statements
Additional fees may be imposed on any of the above accounts.  Please contact a customer service representative for more information regarding our Miscellaneous Fees and Charges schedule.  First State Bank will not honor any legend printed on checks stating "Void after ## Days".  We will not allow "Void after ## Days" to be printed on checks purchased through the bank nor we will be responsible for checks with the above legend printed by any outside source.