About First american bank
First American Bank is a leading financial institution that has been serving the communities of Illinois, Florida, and Wisconsin for over 100 years. The bank offers a wide range of personal banking, business banking, and loan solutions to meet the diverse needs of its customers.
Personal Banking:
First American Bank provides a variety of personal banking services to help individuals manage their finances effectively. These services include checking accounts, savings accounts, money market accounts, certificates of deposit (CDs), individual retirement accounts (IRAs), online and mobile banking options.
Checking Accounts:
The bank offers different types of checking accounts such as free checking account with no monthly maintenance fees or minimum balance requirements. It also provides interest-bearing checking account options that offer competitive rates.
Savings Accounts:
First American Bank offers various savings account options such as regular savings account with low minimum balance requirements and competitive interest rates. It also provides money market accounts that offer higher interest rates than traditional savings accounts.
Certificates of Deposit (CDs):
The bank's CDs are available in different terms ranging from 3 months to 5 years with fixed interest rates. Customers can choose the term that best suits their needs and earn guaranteed returns on their investment.
Individual Retirement Accounts (IRAs):
First American Bank offers traditional IRAs and Roth IRAs to help customers save for retirement. These tax-advantaged investment vehicles provide long-term growth potential while offering tax benefits.
Online & Mobile Banking:
Customers can access their First American Bank accounts anytime from anywhere through online or mobile banking platforms. They can check balances, transfer funds between accounts, pay bills online or through mobile devices securely.
Business Banking:
First American Bank understands the unique financial needs of businesses in today's economy. The bank provides customized business banking solutions designed to help businesses grow and succeed.
Business Checking Accounts:
The bank offers different types of business checking account options such as free business checking with no monthly maintenance fees or minimum balance requirements along with other features like unlimited transactions per month etc.
Merchant Services:
It helps businesses accept credit card payments easily by providing merchant services like point-of-sale terminals etc.
Cash Management Services:
It helps businesses manage cash flow efficiently by providing cash management services like ACH transfers etc.
Loan Solutions:
First American Bank provides various loan solutions for both personal and business purposes at competitive rates.
Personal Loans:
It includes unsecured loans which are ideal for those who need quick access to funds without collateral requirement along with secured loans which require collateral but offer lower interest rate compared to unsecured loans.
Mortgage Loans:
It includes home purchase loans along with refinancing options at competitive rates which makes it easier for customers looking forward towards buying new homes or refinancing existing ones.
Commercial Loans:
It includes commercial real estate loans along with lines-of-credit which are ideal for small-business owners who need financing support in order to expand operations etc.
In conclusion,
Whether you're an individual looking for personal finance management tools or a small-business owner seeking customized financial solutions tailored specifically towards your company's goals - First American Bank has got you covered! With its extensive range of products & services coupled up alongside exceptional customer service - it is no wonder why this institution has been around since over 100 years now! So why wait? Explore our offerings online today!
firstambank.com
