RI$E Product Solutions

Features and Benefits:

• Loan amounts from $500 - $3,000 
• Terms from 6-36 months (12 months/$1000 borrowed)
• Affordable monthly payment
• No impact on credit for applying
• Loan payments are reported to all three credit agencies each month. 
• At the end of the term, you receive the funds borrowed plus any interest you earned on the account it was secured in.

Requirements:

• Establish a First State Bank Savings or CD Account in at least the loan amount. In which the balance will be held in the account until the end of the loan term
• Loan must be automatically paid from a First State Bank account.
• Must be 18 years or older
• Proof of income and unexpired identification.

Great for:

• Young adults looking to establish a credit score
• Individuals who have had trouble maintaining a positive credit profile and are working to improve their score
• People who are saving for a larger purchase or down payment and want to avoid additional debt balances.
   

Features and Benefits:

• No access to overdraft programs that can be difficult to manage.
• Bank by Phone and Customer Support Services
• Debit Card 
  • Allpoint Network Access
  • $3.00 for out-of-network ATMs
• Direct Deposit
• Online Banking, Mobile Deposit, and Bill Pay
• Check Cashing
• Access to Green WI$E Personal Financial Management App
• No fee for transfer to RI$E Checking from a savings account or line of credit (automated or self-initiated)
• Minimum deposit to open is $25
• Low-cost monthly maintenance fee of $5
• Cashier’s Check in -branch $1.50

Access to other services and benefits:

• Secured Credit Card (if qualified)
• RI$E Credit Booster Loan (if qualified)
• Green WI$E Personal Financial Management App

No check writing capabilities are available on this account.

RI$E Checking is now a nationally certified account! We’re proud to meet the national bank standards established by The Cities for Financial Empowerment Fund.