Our Rates

We take pride in our tradition of providing personal and friendly yet professional and timely service, coupled with competitive and reasonable rates and fees. Included here are both Personal and Business account rates. Also view our Fees.

Personal Checking

Balance Interest Rate APY*
$500 and up .01% .01%

Rates current as of: February 8, 2023

Minimum to open: $100

*Annual Percentage Yield is accurate as of the date mentioned above. This account earns interest at a variable rate. These rates may change at any time without prior notice. Fees could reduce earnings on the account.

Balance Interest Rate APY*
Less than $2,499 .01% .01%
$2,500-$9,999 .01% .01%
$10,000-$24,999 .01% .01%
$25,000-$49,999 .01% .01%
$50,000-$99,999 .01% .01%
$100,000 and up .01% .01%

Rates current as of: February 8, 2023

Minimum to open: $100

*Annual Percentage Yield is accurate as of the date mentioned above. This account earns interest at a variable rate. These rates may change at any time without prior notice. Fees could reduce earnings on the account.

Business Checking

Balance Interest Rate APY*
All Balances .05% .05%

Rates current as of: February 8, 2023

Minimum to open: $50

*Annual Percentage Yield is accurate as of the date mentioned above. This account earns interest at a variable rate. These rates may change at any time without prior notice. Fees could reduce earnings on the account.

Balance Interest Rate APY*
$0 - $19,999 .05% .05%
$20,000 + .05% .05%

Rates current as of: February 8, 2023

Minimum to open: $50

*Annual Percentage Yield is accurate as of the date mentioned above. This account earns interest at a variable rate. These rates may change at any time without prior notice. Fees could reduce earnings on the account.

Public Funds Interest Checking is limited to government entities.

Personal Savings

Balance Interest Rate APY*
$0 - $9,999 .01% .01%
$10,000 - $49,999 .01% .01%
$50,000 + .01% .01%

Rates current as of: February 8, 2023

*Annual Percentage Yield is accurate as of the date mentioned above. This account earns interest at a variable rate. These rates may change at any time without prior notice. Fees could reduce earnings on the account.

Minimum to open statement savings: $100

Balance Interest Rate APY*
$0 - $9,999 .01% .01%
$10,000 - $49,999 .01% .01%
$50,000 + .01% .01%

Rates current as of: February 8, 2023

*Annual Percentage Yield is accurate as of the date mentioned above. This account earns interest at a variable rate. These rates may change at any time without prior notice. Fees could reduce earnings on the account.

Minimum to open minor savings: $25

Balance Interest Rate APY*
Less than $2,499 .01% .01%
$2,500-$9,999 .01% .01%
$10,000-$24,999 .01% .01%
$25,000-$49,999 .01% .01%
$50,000-$99,999 .01% .01%
$100,000 and up .01% .01%

Rates current as of: February 8, 2023

Minimum to open: $100

*Annual Percentage Yield is accurate as of the date mentioned above. This account earns interest at a variable rate. These rates may change at any time without prior notice. Fees could reduce earnings on the account.

Balance Interest Rate APY*
$0 - $2,000 .10% .10%
$2,001 - $9,999 .01% .01%
$10,000 - $49,999 .01% .01%
$50,000 + .01% .01%

Rates current as of: February 8, 2023

Minimum to open: $10

*Annual Percentage Yield is accurate as of the date mentioned above. This account earns interest at a variable rate. These rates may change at any time without prior notice. Fees could reduce earnings on the account.

Balance Interest Rate APY*
Less than $2,499 .05% .05%
$2,500-$9,999 .05% .05%
$10,000-$24,999 .05% .05%
$25,000-$49,999 .05% .05%
$50,000-$99,999 .05% .05%
$100,000 and up .05% .05%

Rates current as of: February 8, 2023

Minimum to open: $50

*Annual Percentage Yield is accurate as of the date mentioned above. This account earns interest at a variable rate. These rates may change at any time without prior notice. Fees could reduce earnings on the account.

Balance Interest Rate APY*
$0 - $14,999 0.05% 0.05%
$15,000-$44,999,99 0.05% 0.05%
$45,000-$99,999.99 0.05% 0.05%
$100,000-$249,999.99 0.05% 0.05%
$250,000 and up 0.05% 0.05%

Minimum to open: $15,000

*Annual Percentage Yield is accurate as of the date mentioned above. This account earns interest at a variable rate. These rates may change at any time without prior notice. Fees could reduce earnings on the account.

Business Savings

Balance Interest Rate APY*
$0 - $9,999 .01% .01%
$10,000 - $49,999 .01% .01%
$50,000 + .01% .01%

Rates current as of: February 8, 2023

Minimum to open: $50

*Annual Percentage Yield is accurate as of the date mentioned above. This account earns interest at a variable rate. These rates may change at any time without prior notice. Fees could reduce earnings on the account.

Balance Interest Rate APY*
$0 - $19,999 .05% .05%
$20,000 - $39,999 .05% .05%
$40,000 - $74,999 .05% .05%
$75,000 + .05% .05%

Rates current as of: February 8, 2023

Minimum to open: $50

*Annual Percentage Yield is accurate as of the date mentioned above. This account earns interest at a variable rate. These rates may change at any time without prior notice. Fees could reduce earnings on the account.

CDs and IRAs

  $1,000 $10,000 $25,000 $50,000 $75,000
Term Interest Rate APY* Interest Rate APY* Interest Rate APY* Interest Rate APY* Interest Rate APY*
6 Month (182 day) .05% .05% .05% .05% .05% .05% .05% .05% .05% .05%

Rates current as of: February 8, 2023

Minimum to open: $250

*Annual Percentage Yield is accurate as of the date mentioned above. This account earns interest at a fixed rate for the term. These rates may change at any time without prior notice. Fees could reduce earnings on the account.

Term Interest Rate APY*
18 Month .10% .10%

Minimum to open: $100

This account earns interest at a fixed rate for the term. These rates may change at any time without prior notice. Fees could reduce earnings on the account. 

  $1,000 $10,000 $25,000 $50,000 $75,000
Term Interest Rate APY* Interest Rate APY* Interest Rate APY* Interest Rate APY* Interest Rate APY*
30 Day 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
91 Day 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
6 Mth (182 day) and $250 Easy CD 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
12 Mth 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
13 Mth Special** N/A N/A 4.00% 4.06% 4.00% 4.06% 4.00% 4.06% 4.00% 4.06%
18 Mth 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
24 Mth 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
30 Mth 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
36 Mth 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
48 Mth 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
60 Mth 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%

Rates current as of: February 8, 2023

Minimum to open: $1,000

*Annual Percentage Yield is accurate as of the date mentioned above. This account earns interest at a fixed rate for the term. These rates may change at any time without prior notice. Fees could reduce earnings on the account.

**Annual Percentage Yield (APY) as of 1/11/2023. Rates on certificates of deposit accounts are fixed for the duration of the term unless otherwise disclosed; fees could reduce earnings; penalty may be imposed for early withdrawal on Certificate of Deposit accounts. You must deposit at least $10,000 to open this account and earn APY. Total deposits may not exceed $1,000,000. Deposits must be new funds to First State Bank. Current First State Bank customers are eligible to make a one-time transfer from another First State Bank account of up to $10,000 with the deposit of $2,000 or greater in funds new to First State Bank. Limit one account transfer offer per tax-reported owner. Promotional offer subject to change or cancellation at any time.
 

Mortgage Loans

Term Rate Points
5 /1 ARM 7.500% 1.00

All loans and pre-qualifications are subject to credit approval and/or acceptable appraisal. You must carry insurance on the property that secures a loan, and flood insurance may be required. Any taxes or additional conditions imposed by the city, state or county that the subject property is located in will be the borrower's responsibility. Program terms and conditions are subject to change at any time without notice.

For an APR of 7.5%, then 50 monthly payments would be $6.99 per $1,000 borrowed.

Payments do not include amounts for taxes and insurance premiums, if applicable, and the actual payment may be greater.

Personal Loans

Visit our Mortgage Center to apply online.

Term in Months Rates as low as (1st Lien):** Rates as low as (2nd Lien):**
Up to 180 8.74% 10.50%

Rates current as of: February 8, 2023

Annual fee: $0; Minimum loan amount of $10,000

Rates listed require automatic payment from a First State Bank account, otherwise rates are .50% higher.

** Lowest annual percentage rate assumes the loan secured by single family home, loan to value of 85% for first lien position.: debt to income ratio of 43% or less; excellent credit history; maximum loan term; payments do not include amount for taxes or insurance premiums, if applicable, and actual payment may be greater and will vary based upon individual situations and current rates.

A first lien position loan for $25,000 under these assumptions would result in a $249.46 monthly payment: a property tax fee of $90.00 and underwriting fee of $150.00 is required at closing.

A second lien position loan of $25,000 under these assumptions would result in a $276.37 monthly payment; a property tax service fee of $90.00 and underwriting fee of $150.00 is required at closing. First mortgage lien positions require an escrow for taxes and insurance. Home Equity rates may change daily. Property insurance required, flood insurance may be required. 
All lending products are subject to application and credit approval. Home equity loans and lines also subject to acceptable appraisal and title search.

Rates as low as 8.25% (8.328% APR) Payment Required Term
Principal & Interest Loan 8.25%1
Prime Rate plus 0.50% as published in Wall Street Journal2
1% of outstanding balance plus interest 10 year
Interest Only Loan3 8.25%1
Prime Rate plus 0.50% as published in Wall Street Journal2
Interest on outstanding balance 10 year

Rates current as of: February 8, 2023

Rates listed require automatic payment from a First State Bank account, otherwise rates are .50% higher.

1. Lowest annual percentage rate assumes the loan secured by single family home, loan to value of 85% for first lien position.: debt to income ratio of 43% or less; excellent credit history; maximum loan term; payments do not include amount for taxes or insurance premiums, if applicable, and actual payment may be greater and will vary based upon individual situations and current rates. A $25,000 principal and interest loan under these assumptions, including an $85.00 annual fee, would result in a $307.67 monthly payment. 
A $25,000 interest-only loan under these assumptions, including an $85.00 annual fee, would result in a $172.46 monthly payment.

The $85.00 annual fee for Home Equity Lines of Credit is waived for First State Bank Premium Checking accounts. 

A property tax service fee of $90.00 is required at closing. First mortgage lien positions may require an escrow for taxes and insurance. 

A balloon payment may result in the P & I loan at the end of the 120-month term. Home Equity rates may change daily. Property Insurance is required. Flood insurance may be required. 
All lending products are subject to application and credit approval. Home equity loans and lines also subject to acceptable appraisal and title search.

 2. Rates are priced on the Wall Street Journal Prime Rate (PRIME) , currently 7.75%; Prime is a variable rate with the maximum annual percentage rate (APR) of 18% and is subject to change without notice.

3. For Interest Only loans the 120-month term is interest-only payments, at maturity the loan will convert to a 180-term Principal & Interest loan.
 

Model Year Term Annual Percentage Rate with Automatic Payment* Annual Percentage Rate without Automatic Payment*
2020 - 2023 Max. 60 months Varies on term with rates as low as 6.14% Varies on term with rates as low as 6.64%
2020 - 2023 Max. 72 months Varies on term with rates as low as 6.61% Varies on term with rates as low as 7.11%
2015-2019 Max. 48 months Varies on model year with rates as low as 7.17% Varies on model year with rates as low as 7.67%
2015-2019 Max. 60 months Varies on term with rates as low as 7.67% Varies on term with rates as low as 8.14%

Rates current as of: February 8, 2023

* Lowest annual percentage rate assumes excellent credit history, automatic loan payment from a FSB account,10% down payment on a new car financed for 60 months. A $25,000 purchase under these assumptions, including a $85 service fee, would result in a $484.96 monthly payment.

Recreational Loans may include loans for snowmobiles, personal watercraft, trailers, campers, tractors and more – download our Personal Loan Rates (PDF)*.  

Model Year Term Annual Percentage Rate with Automatic Payment* Annual Percentage Rate without Automatic Payment*
2021 - 2023 120 Months Varies on term with rates as low as 7.25% Varies on term with rates as low as 7.75%
2021 - 2023 180 months Varies on term with rates as low as 7.75% Varies on term with rates as low as 8.25%
2015 - 2020 60 Months Varies on term with rates as low as 8.25% Varies on term with rates as low as 8.75%
2015 - 2020 120 Months Varies on term with rates as low as 8.75% Varies on term with rates as low as 9.25%

Rates current as of: February 8, 2023

*APR is Annual Percentage Rate. Lowest annual percentage rate assumes excellent credit history, automatic loan payment from an FSB account, 10% down payment on a new recreational vehicle financed for 120 months with $150 fee. A $25,000 loan under these assumptions, would result in a $301.82 monthly payment.

For information on Secured by Savings, Personal Lines of Credit or additional loan options, call or visit a branch.

Note: “APY” stands for Annual Percentage Yield. These accounts earn interest at a variable rate. APY is accurate as of February 8, 2023. These rates may change at any time without prior notice. Fees could reduce earnings on the account.