Frequently Asked Questions

What are the requirements to get the Rewards?
It's easy to earn high interest on your Checking account when you perform these simple steps every month:

• Sign up for Direct Deposit
• Sign up for eStatements (with valid e-mail address).
• Use your debit card for 15 signature-based transactions

Is there a minimum balance requirement in order to receive my rewards?
First Community Bank does not require a minimum balance to earn the Rewards as long as the Reward requirements are met. In order to receive the stated APY, the average collected daily balance must be $0.01.

Are there any monthly service fees?
No. There are no monthly service fees. This is a free account.

When do I start to receive the Rewards?
Your Rewards begin to calculate on the first of the month following account opening. As an example, all Cash Rewards Checking statement cycles begin the first business day of the month. The last day of the cycle will be the last business day of the month, unless that day falls on a weekend or holiday. If that happens, the last day of the cycle is the previous business day.

• $0 - $19,999.99 0.05%
• $20,000 and above 0.51%

How does the tiered interest rate for Cash Rewards Checking work?
Accounts with balances up to $20,000 will earn interest at 3.03% APY as of the beginning of the month, assuming the Rewards criteria are met. All funds in the account over the $20,000 balance will earn 0.51% APY regardless of whether the Rewards criteria are met.

What happens if I don't meet the requirements for Cash Rewards Checking?

• Balances of $0.01 - $19,999.99 earn interest at 0.05%
• Balances of $20,000 and above interest at a rate of 0.51%
• ATM fees are not refunded for that statement cycle

What balance is used to calculate the 5.01% interest?
The average daily balance.

Can the interest rate change on my Cash Rewards Checking account?
Yes. This is a variable rate account and the rate may change at any time.

If my account balance goes negative, will I still be able to qualify for my Rewards during that statement cycle?
Yes, if the Reward requirements are met.

If I fail to meet the Reward requirements during this statement cycle, can I still have a chance to qualify during the next statement cycle?
Yes, each month is viewed as a new requirement period.

If I miss my Reward requirements by only one Debit Card transaction, can I call in and get my interest and ATM refunds anyway?
No, Rewards are only given to customers who meet the Reward requirements.

Is there a limit on the number or kind of transactions you can do on a Cash Rewards Checking account?
No. There is no limit. In order to receive the rewards, you must use your debit card for signature-based transactions at least 15 times per cycle.

Will I be able to use my existing debit card from First Community Bankwith my Cash Rewards Checking account?
Yes, if the card is on the same account number that is converted to Cash Rewards Checking.

How may I convert my checking account with First Community Bankto a Cash Rewards Checking account?
Stop in and see a Personal Banker at any First Community Bankoffice today and they will assist you in opening your new Cash Rewards Checking account.

May I "carry forward" debit card transactions in excess of the 15 required check card transactions?
No. Requirements must be met during each statement cycle.

What is Direct Deposit?
Direct deposit automatically places your paycheck, pension, Social Security, or other regular monthly income into your checking account. It's convenient, secure, and saves trips to First Community Bank.

Does the auto debit have to be for the same amount each month to meet the high rate requirements?
No.

Will I receive a 1099 reflecting interest earned over the year?
Yes.

Can this be used as a business account?
No. This account is for personal use only.

Can I have a Cash Rewards Checking account if I don't have a computer?
Computer access and a valid e-mail address are required in order to have Cash Rewards Checking. If you do not have your own computer, you must at least have an e-mail address and access to a computer to view your monthly statements online.

Are my printed checks free?
No.

Do transfers from Online Banking or InBusiness qualify as an ACH for Cash Rewards?
No, both of these transactions would be treated like a telephone transfer and have a transaction code 77 or transaction code 27 on your statement.

How can I determine whether of not a transaction is considered ACH or not?
You may look at the account history to determine whether a transaction would qualify as an ACH transaction. The transaction codes for ACH credits are 18 or 19 and ACH debits are 58 or 59.

Your Statement

Will the transactions from this statement cycle on my old account be allowed as required transactions for my Cash Rewards Checking account for this statement cycle?
No. You will not be allowed to carry over transactions as required transactions for this account.

Will my current statement cycle change?
Yes. Cash Rewards Checking has a predetermined statement cut off date (end of each calendar month) that many not be changed. The only exception to this would be if you have a Credit Manager account. Those statement cycles will not be changed.

ATM Fee Reimbursement

If I use my debit card at an ATM, will that transaction count toward my 15 required debit card transactions?
No. Only signature-based transactions used to purchase goods and services will qualify as a required debit card transaction.

If I use another bank's ATM and pay a fee, how will I get a refund?
When you meet the requirements for Cash Rewards Checking during your statement period, a refund will automatically be made to your account at the end of that statement period.

How do I get my ATM fees rebated?
Upon meeting the monthly requirements, ATM refunds will automatically be rebated and posted to your account up to $20.

Is there a limit on the amount of ATM refunds that I can receive during a statement cycle?
Yes, up to $20.00 per month.

eStatements

What are eStatements?
eStatements are simply your account statements in a format that is delivered via e-mail and viewable online. It contains exactly the same information as the paper statement. Instead of receiving your account statement via mail, you will receive it through a secure web site.

Do eStatements contain the same information as my paper statements?
Yes. eStatements are required to have the same information as paper statements.

What are the benefits of eStatements?
eStatements are generally available within 24 hours from the time of processing so you receive them quicker. And because eStatements are not delivered by postal mail, the possibility of your statement ending up in the wrong person's hands is eliminated.

How long are my eStatements available for viewing online?
18 Months.

How long are my check images available for viewing online?
90 days. After that time period, images would be available by contacting Customer Service.

Do I need online banking to view my eStatements?
No, you do not need Online Banking, but we invite you to check into the many features and services available. Personal Online Banking is FREE at First Community Bank.

How do I register to receive eStatements?
To register simply: