Keep it simple and prepare for wherever life takes you next with First Citizens Free Checking and Personal Savings Accounts. Available for residents across 19 states in the US. First Citizens Bancshares Inc. and CIT Group Inc. recently merged, creating a top 20 US financial institution with more than $100 billion in assets. As the largest family-controlled bank in the nation, First Citizens is creating a one-stop financial destination providing a full suite of personal, business, commercial, and wealth products and services. While First Citizens offers a full range of banking services, in this review we are going to focus on two products: free checking and online savings.
Read Also: 3 Ways To Check Credit Score For Free In Canada
Free Checking Account
Keep it simple and take control of your finances with the First Citizens Free Checking account. Some of the main features for this account are:
- No Fees – When you enroll in paperless statements. 1
- Open with less – Open with as little as $50
- No Minimum Balance – Never worry about maintaining a balance.
- Bank When You Want – Enjoy free Digital Banking, 2 bill pay and 24/7 mobile deposits.
- Use proactive protection to track and manage your money with convenient services, online tools, account alerts and more.
- Instantly move your money wherever you need it – Pay your bills from any device, send money with Zelle® and transfer funds to other accounts.
Online Savings Account
You can count on convenience when you open a First Citizens online savings account. Track your balance and deposit checks anytime, anywhere. Their basic interest-bearing personal savings account gives you simple terms with convenient access:
- No minimum balance – Save as much or as little as you’re ready for.
- No Monthly Service Charge – You won’t pay a fee to keep your online savings account open.
- Competitive rates – Earn interest on your daily balance and receive monthly credits.
- Open with less – Open with as little as $50
- Easily access your money – Your first two withdrawals or transfers per month are free, then $3 each.
- Spot spending trends – Use the Manage My Money trends tool to visualize your spending habits.
Conclusion on First Citizens Bank Review
First Citizens Bank has over 600 branches in 19 states and offers great benefits like no monthly service fees for checking or savings accounts. They also offer interesting and useful tools such as Manage My Money, which allows you to view categorized spending, create and manage budgets, and monitor spending changes over time to plan accordingly. The biggest down-point is that they are only available to residents in NC, SC, TN, AZ, CA, CO, FL, GA, KS, MD, MO, NM, OK, OR, TX, VA, WA, WV, and WI.