First Convenience Bank

What is First Convenience Bank – Complete Guide

First Convenience Bank- The History

Today, most bank institutions care about their interest and rather than their customers, but this is not the case with the First Convenience Bank (FCB). The First Convenience Bank is a part of First National Bank Texas (FNBT). With a vision to provide customers with quality financial products and services, the bank was started in 1901 in the town of Killeen in Central Texas. Now the company’s net asset is over 1.6 Billion and operates in over 330 locations in Texas, Arizona, Arkansas, and New Mexico.

In more than a century of service, the bank remained focused and dedicated towards its customers by providing quality service. The bank is operational on all seven days, with extended hours of online service and customer friendly service, such as a variety of checking and savings accounts, business accounts, CDs, IRAs, credit cards, consumer and business loans, and mortgages.

Features of FCB

ProductKey Features
Savings AccountMinimum deposit in account depends upon the method of account opening. 
Earns interest according to balance tiers. 
Kids savings account available.
Certificates of DepositFixed-rate and variable rate accounts are available.
Terms between three months and five years 
Money Market AccountHigher balances earn at higher rates
Checking AccountsHigh monthly fees, although waivable

First Convenience Bank Online Banking

With First Convenience Bank Online Banking, you can access your bank from anywhere and at any time. FCB online banking allows you easy funds transfer, make payments, open an account and even deposit checks, our Digital Banking is streamlined for today’s on-the-go world.

Open a new FCB account

Features of Online Banking
  • Fingerprint and Face ID
  • View account number and account balance
  • View Routing number
  • Cheque deposit from mobile app
  • Manage Debit Card with Card Controls
  • Fund transfer between FNBT/FCB accounts
How to find the First Convenience Bank routing number?

To find the Routing Number follow these simple steps.

  1. Go to the Online Banking or First Convenience Bank app and login into digital banking.
  2. Choose your account by selecting the last four digit of yout account number.
  3. Click on Account Details under the Account History.
  4. A dropdown list will open that displays your Account Number and Routing Number.
 First Convenience Bank routing number

You can also find your Account Number and Routing Number at the bottom of the cheque for FCB banks.

How to find routing number from cheque

FCB Bank Interest Rates

FCB bank Saving Account

The FCB savings account is simple and doesn’t come with any extra perks or hoops. Its monthly charges are low that can be waived in a couple of easy ways. The Account Opening charge depends upon whether you are opening the account by visiting the branch or online.

There is no minimum balance you need to keep after the account is open. However, certain balances can forgo the month to month expense and acquire you higher rates.

Key FeaturesDetails
Minimum Deposit$25
Access to Savings AccountOnline Banking, Mobile, ATMs and physical branches.
SecurityFederal Deposit Insurance Corporation (FDIC) insurance up to the maximum amount allowed by law. 
Fees$5 monthly fee, waivable with one of the following
* $100 daily minimum balance
* Monthly recurring direct deposit of at least $100 
Current Terms and Rates1. Account balances below $25,000: 0.05% APY (annual percentage yield)
2. Account balances of $25,000 – $49,999.99: 0.05% APY
3. For Account balances of $50,000 and over: 0.10% APY

Kids Count Savings Account/Minor Savings Account

To teach your children the power of savings, FCB banks provide the same interest rate on Kids Count Savings Account as on regular savings account. This account is for children under the age of 21, and once they turn 21, the bank will charge $5.

Key FeaturesDetails
Minimum Deposit$1
Access your Savings Account viaOnline, mobile, ATMs and physical branches.
SecurityFDIC insurance up to the maximum amount allowed by law. 
Fees$5 monthly fee, waivable with one of the following
1. $100 minimum daily balance 
2. Monthly recurring direct deposit of at least $5
3. Automatic transfer of at least $5 from another First National Bank Texas/First Convenience Bank account
4. Enroll in E-Statements
Current Terms and RatesAccount balances below $25,000: 0.05% APY
Account balances of $25,000 – $49,999.99: 0.05% APY
When Account balances is $50,000 and above: 0.10% APY

Fixed Rate CD (Certificate of Deposit)

The 1st Convenience Bank  Texas offers six different types of Fixed Rate CD, terms ranging from three months to five years. It allows you to work for your saving goal, whether long or short term.

In order to earn interest, you need to open an account with at least $500. If you deposit more than $50000, you get a higher interest rate.

Key FeaturesDetails
Minimum Deposit$1000 for all tiers
Access to Your CD AccountOnline, mobile, ATMs and physical branches.
SecurityFDIC insurance up to the maximum amount allowed by law. 
FeesNo monthly fee, however, early withdrawal penalties might be applicable.
Current Terms and Rates3 Month
*Account balances of $500 – $49,999.99: 0.10% APY
*Account balances of $50,000 and over: 0.12% APY
6 Month
*Account balances of $500 – $49,999.99: 0.15% APY
*Account balances of $50,000 and over: 0.20% APY
9 Month: 0.20% APY
12 Month
*Account balances of $500 – $49,999.99: 0.25% APY
*Account balances of $50,000 and over: 0.30% APY
24 Month
*Account balances of $500 – $49,999.99: 0.35% APY
*Account balances of $50,000 and over: 0.40% APY
60 Month
*Account balances of $500 – $49,999.99: 0.55% APY
*Account balances of $50,000 and over: 0.65% APY

Variable Rate CD (Certificate of Deposit)

With the FCB Variable Rate Certificate of Deposit, the interest rate may change after the account is opened. Hence, you may add this CD to increase your investment.

  • The minimum amount to open a Variable Rate CD and obtain APY is $500.
  • The minimum add-on amount is $25.
  • Interest compounds and pays quarterly or at maturity, if sooner.
First Convenience Bank Customer Service Number

Call For First National Bank Texas Call: 254-554-6699 or 800-677-9801

For First Convenience Bank Call: 800-903-7490 

FAQ

How much cash can I withdraw from First Convenience Bank?

The daily limit for cash withdrawal through ATM for FCB is $500. There are no charges for cash withdrawal.

Can I use my card as soon as I receive it?

All Debit cards are inactive when issued. You can activate your Debit card by visiting the ATM and making your first transaction, or calling on their Toll-Free number 877-219-4344. Also, you can activate your card through a PIN (debit) purchase at a merchant. ATM cards are PIN protected and do not require activation before use. For new consumer cards, your PIN will be mailed 2 business days after the card is produced. For reissued consumer cards, use your current PIN. A PIN may not be produced for some business cards. Check with your employer for activation instructions.

Does First Convenience Bank charge monthly fees?

The e-Account has a monthly maintenance fee of $5 liable for electronic transactions only and not on cheque payments. To access e-Accounts use Master Card and Digital Banking.

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