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First Bank

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About

First Bank is a financial institution that operates in Alabama. They offer a range of banking and financial services, including checking and savings accounts, loans, and online and mobile banking.

In Alabama, First Bank has several branch locations, primarily in the northern part of the state. They also offer ATM services for convenient access to cash.

The bank strives to provide personalized service and competitive rates to meet the banking needs of individuals and businesses in the local community.

Overall, First Bank is a full-service financial institution that provides a range of services to meet the banking needs of its customers in Alabama and beyond.

Key Features

Here are some features that First Bank offers:

    1. Online and Mobile Banking. These services allow customers to manage their accounts, pay bills, and transfer money from anywhere.
    2. Branches and ATMs. First Bank has a network of branches and ATMs across the state, making it convenient for customers to access banking services.
    3. Personalized Service. The financial institution strives to provide personalized service and competitive rates to meet the banking needs of individuals and businesses in the local community.

    Requirements

    Here are the requirements to open an account at First Bank:

    1. Personal Identification. A valid government-issued ID, such as a driver's license or passport, is typically required to open a bank account.
    2. Social Security Number. Customers will need to provide their Social Security number for tax reporting and identification purposes.
    3. Proof of Address. The bank will ask for proof of address, such as a utility bill or lease agreement, to verify the customer's residence.
    4. Minimum Deposit. Customers may be required to make a minimum deposit to open an account.
    5. Age Requirement. To be at least 18 years old to open a bank account.

    Access on the Go

    First Bank offers several options for customers to access their accounts on the go, including:

    1. Mobile Banking. It can be downloaded onto smartphones or tablets. The app allows customers to check account balances, transfer money, pay bills, and deposit checks using their mobile device.
    2. Online Banking. The bank offers online banking services that customers can access through a web browser on their computer or mobile device. This service allows customers to perform many of the same functions as the mobile banking app.
    3. ATMs. First Bank has a network of ATMs across the state, which customers can use to withdraw cash, check account balances, and transfer funds between accounts.

    Overall, First Bank offers several convenient options for customers to access their accounts on the go, making it easy to manage their finances from anywhere.

    Products and Services

    First Bank in Alabama likely offers a range of products and services to meet the banking needs of its customers.

    1. Checking and Savings Accounts. The bank has a variety of checking and savings account options with different features, such as interest rates, minimum balance requirements, and fees.
    2. Loans. First Bank offers a range of loans for personal and business needs, such as personal loans, commercial loans, mortgages, and auto loans.
    3. Online and Mobile Banking. The financial institution provides online and mobile banking services, which allow customers to manage their accounts, pay bills, and transfer money from anywhere.

    Overall, First Bank Alabama has a range of products and services to meet the banking needs of individuals and businesses in the local community.

    Which associations does First Bank belong to?

    First Bank is a member of industry associations and regulatory bodies that help ensure compliance with industry standards and regulations. Here are some of the  associations the bank belongs to:

    First Bank

    FAQ

    Who owns First Bank?

    First Bank in Alabama is a subsidiary of FB Financial Corporation, a bank holding company headquartered in Nashville, Tennessee. Therefore, the ownership of First Bank Alabama can be traced back to FB Financial Corporation. FB Financial Corporation is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol FBK.

    Is First Bank a good bank?

    There are several factors you may want to consider when evaluating the bank's reliability:

    1. Regulatory Oversight. First Bank is regulated by several regulatory bodies in the United States, including Federal Reserve System, Federal Deposit Insurance Corporation (FDIC), Alabama State Banking Department. These regulatory bodies ensure that First Bank complies with applicable laws and regulations and maintains a certain level of safety and soundness.
    2. Financial Stability. First Bank's financial stability can be evaluated by reviewing its financial statements, ratings from independent rating agencies, and other relevant information. According to its most recent financial statements as of December 31, 2021, First Bank in Alabama had total assets of approximately $1.5 billion, total deposits of approximately $1.2 billion, and net income of approximately $10.2 million. In terms of ratings from independent rating agencies, First Bank has not been rated by major credit rating agencies like Moody's or Standard & Poor's. However, its parent company, FB Financial Corporation, has been rated by these agencies. For example, in December 2021, Moody's assigned a Ba3 rating to FB Financial Corporation, which is considered speculative or below investment grade.
    3. Security Measures. The bank has implemented several security measures to protect its customers' personal and financial information.

    By considering these factors, along with your own personal banking needs and preferences, you may be able to determine if First Bank Alabama is a reliable bank for you.

    Is First Bank hard to get approved for?

    First Bank has its own set of eligibility criteria and underwriting standards that it uses to evaluate applicants for loans, credit cards, and other financial products. These criteria include factors such as credit score, income, employment history, and debt-to-income ratio.

    Generally speaking, if you have a strong credit history, stable income, and low levels of debt, you may have a better chance of being approved for a loan or credit card from First Bank or any other financial institution. Conversely, if you have a poor credit history or high levels of debt, you may find it more difficult to get approved.

    It's important to note that meeting the eligibility criteria doesn't guarantee approval, and each application is evaluated on a case-by-case basis. If you're unsure about your eligibility or have specific questions about First Bank's approval process, it's best to contact the bank directly or speak with a financial advisor.

    First Bank disputes number

    If you have a dispute with First Bank and need to contact them by phone, you can try calling their customer service number at 1-800-239-2677.

    If you have specific questions about disputing a transaction or need assistance with a dispute, it's best to contact the bank directly or visit one of their branch locations.

    Company documents

    Privacy Policy

    First Bank endeavors to invest a generous portion of our time and finances in the progress and growth of the communities in which we serve.

    © First Bank
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