First Security Bank: Charles City's Trusted Financial Partner

Located in the heart of Charles City, Iowa, First Security Bank has been a trusted financial institution for over a century. With a commitment to community banking, First Security Bank offers a wide range of financial services to meet the needs of individuals, families, and businesses.

About First Security Bank

Founded in 1917, First Security Bank has a long history of serving the Charles City community. The bank's mission is to provide "exceptional financial services that help our customers achieve their financial goals."

First Security Bank is a member of the Federal Deposit Insurance Corporation (FDIC), ensuring that deposits are protected up to $250,000 per depositor. Additionally, the bank is a member of the Iowa Bankers Association.

Financial Services for Individuals and Families

First Security Bank offers a comprehensive suite of financial services for individuals and families, including:

• Checking and Savings Accounts: Convenient and secure accounts for managing everyday finances
• Certificates of Deposit (CDs): Interest-bearing accounts that offer a fixed return
• Money Market Accounts: High-yield accounts for short-term investments
• Personal Loans: Unsecured loans for personal expenses, such as debt consolidation or home improvements
• Auto Loans: Competitive financing for new and used vehicles
• Mortgages: Expert guidance and tailored mortgage solutions for homebuyers

Financial Services for Businesses

First Security Bank also provides a range of financial services to support businesses, including:

• Business Checking and Savings Accounts: Designed for the specific needs of businesses
• Commercial Loans: Flexible financing options for capital expenditures, expansion, or working capital
• Equipment Leasing: Lease financing for equipment purchases to minimize upfront costs
• Merchant Services: Convenient and secure payment processing solutions
• Business Insurance: Protection for businesses against various risks

Community Involvement

First Security Bank is deeply committed to the Charles City community. The bank actively supports local organizations and initiatives, such as:

• United Way of Floyd County: Funding and volunteer support for local charities
• Charles City Chamber of Commerce: Membership and involvement in promoting economic development
• Local Schools: Financial support and mentorship programs

Banking with First Security Bank

Open an account with First Security Bank today and experience the benefits of community banking. With convenient locations, friendly staff, and a wide range of financial services, First Security Bank is dedicated to making your financial future secure.

Visit a branch or call (641) 228-0280 to learn more.

Tips for Banking with First Security Bank

• Set up online and mobile banking: Manage your accounts easily and securely from anywhere.
• Take advantage of free financial education resources: First Security Bank offers webinars, workshops, and online articles to help you make informed financial decisions.
• Become a member of the First Security Bank Community Club: Enjoy exclusive perks and discounts from local businesses.

How to Open an Account with First Security Bank

1. Visit a branch or call (641) 228-0280.
2. Bring your government-issued ID and proof of address.
3. Choose the type of account you want to open.
4. Fund your account with a deposit.

Compare Pros and Cons of Banking with First Security Bank

Pros:

• Local and community-focused: Supports Charles City's economy and residents.
• Wide range of financial services: Meets the needs of individuals, families, and businesses.
• Competitive rates and fees: Offers competitive interest rates and low fees.
• Friendly and knowledgeable staff: Provides personalized service and financial guidance.

Cons:

• Limited branch network: Only a few branches in Charles City and the surrounding area.
• Fewer ATMs than larger banks: May have to travel further for ATM access.
• Some services may have higher fees: Compare fees with other banks before choosing services.

FAQs

1. What is First Security Bank's FDIC coverage limit?
- $250,000 per depositor

2. Does First Security Bank offer online banking?
- Yes, online and mobile banking are available for easy account management.

3. Can I get a personal loan from First Security Bank?
- Yes, First Security Bank offers unsecured personal loans for various personal expenses.

4. What is the minimum deposit required to open a checking account?
- The minimum deposit amount may vary depending on the account type. Please contact the bank for specific details.

5. Does First Security Bank provide business financing?
- Yes, First Security Bank offers a variety of business loans, including commercial loans, equipment leasing, and merchant services.

6. Is First Security Bank involved in the community?
- Yes, First Security Bank actively supports local organizations and initiatives in the Charles City community.

7. What is the interest rate on a 12-month CD with First Security Bank?
- Current interest rates may change. Please contact the bank for the most up-to-date rates.

8. Can I bank with First Security Bank if I don't live in Charles City?
- Yes, you can bank with First Security Bank regardless of your location.