Very First Bank Kansas Review.SmartAsset’s Overall Score

Very First Bank Kansas Review.SmartAsset’s Overall Score

Prices

Provider Quality

Financial Wellness

Key Shows

  • Cellphone App
  • Several Banking Items
  • Overview

    First Bank Kansas were only available in 1955 as well as its head office can be found in Salina, Kansas. It handles assets of $439 million in addition to deposits totaling $396 million, classifying it being a bank that is medium-size. Very First Bank Kansas does not have access that is premium customer care, without any real time talk or all-day solution solutions. It’s a brick-and-mortar that is traditional with usage of solution representatives at a real location, as well as its online and mobile apps. We rated the financial institution at a 4 out of 5 movie stars, showing that First Bank Kansas is just a bank that is respectable you should think about. Very First Bank Kansas has got the slate that is full of services and products, including cost cost savings reports, checking records, cash market records, CDs, IRAs and home loan items. It offers a savings that are fair compared to your normal family savings. The lender’s standard bank account includes a $3.00 month-to-month charge, which can be appropriate when compared to other U.S. banking institutions. Institutions that provide no-fee checking, along with a high savings APY are the most readily useful bet for coming back the best earnings in your deposits whilst having convenient use of your funds.

    Exactly How We Rated It

    SmartAsset’s general score

    The is really a weighted average of prices, charges, solution quality and health that is financial. Browse more

    Whenever a factor score is unavailable, the general score is calculated as on average the rest of the available ranks.

    Rates The Prices score represents an aggregate of great interest prices for certain bank items calculated from the national interest that is average for every item. Item interest levels can vary greatly by branch. Prices shown reflect the greatest available nationwide. Costs The Costs score is an evaluation associated with the bank’s charges calculated against the national fee that is average for specific solutions and is particularly affected by whether or not the lender refunds ATM charges. Provider Quality the consumer Experience score is just a weighted average associated with the mobile phone Rating plus the customer Satisfaction get, which can be according to complaints delivered to the customer Financial Protection Bureau (CFPB). Financial Health The Financial wellness score will be based upon the Texas Ratio, an indicator that warns of credit dilemmas at specific banking institutions: anything lower than 5% is considered exceptional; lower than 20% is great; lower than 50% is great; lower than 90percent is Fair; and over 90% is bad.

    Prices

    First Bank Kansas features a discount rate of 0.25per cent, which can be reasonable set alongside the average that is national. First Bank Kansas’s one-year and term that is five-year CDs make at a level of 1.51per cent and 2.02%, correspondingly, while its highest-yielding money market account has an interest rate of 0.45per cent. Offered First Bank Kansas’s noncompetitive cost cost savings price, you should consider selecting another bank to earn significantly more in your deposits.

    How Very Very Very First Bank Kansas’s Savings Rates Compare

    First Bank Kansas typically has high costs set alongside the U.S. that is average bank. At $3.00/month, First Bank Kansas’s bank checking online no credit check payday loans Florida account just isn’t perfect for people who desire a checking account that is hassle-free. First Bank Kansas doesn’t refund out-of-network ATM fees, meaning you’re going to be necessary to look for a primary Bank Kansas ATM or accept the ATM fee.

    Provider Quality

    Very First Bank Kansas is a brick-and-mortar bank, with eight total branches in Kansas. In addition it provides use of mobile and internet apps for a simple experience that is mobile-banking. It doesn’t provide customer that is all-day with representatives. You will get assistance during its customer care hours, that are Monday through Friday and 8:00 a.m. to 5:00 p.m. CT. Very First Bank Kansas gets fair feedback from customers for the online existence. The very first Bank Kansas app that is mobile rated at 3.8 away from 5 (away from 150 consumer reviews on Apple and Android os) set alongside the nationwide average of 3.8. You can access First Bank Kansas’s application to regulate finances by monitoring monthly statements, moving money in addition to reaching help representatives. First Bank Kansas gets an exceptional customer satisfaction score as a result of fairly few complaints filed utilizing the customer Financial Protection Bureau (CFPB), a government-backed customer security agency.

    Financial Wellness

    First Bank Kansas is a medium-size bank and manages $439 million in assets and $396 million in deposits. It offers a fantastic Texas Ratio of 1.12percent, showing that the financial institution is with in outstanding shape that is financial definately not failure. Also, First Bank Kansas is FDIC-insured, and therefore your hard earned money is insured as much as $250,000, even yet in the big event of bank failure.

    Texas Ratio Analysis

    The Texas Ratio, a way of measuring a “bad assets” against available money, provides a very early danger signal of bank failure. a reduced ratio shows smaller potential for failure; an increased ratio implies greater risk.