How Would You Spend an Extra $300?
Groceries, bills, a night out — it’s your call. Open an eligible FSB checking account with direct deposit and you’ll earn a $3001 checking account bonus. And if you’re buying a home, you can also save up to $3502 on mortgage closing costs.
Compare Accounts and Claim Your Checking Account Bonus
Choose the account that works for you and get a $300 bonus1 when you meet the requirements. Whether you want cashback rewards or added perks that give you peace of mind, it all starts by picking the right account.
High 5 Rewards
Earn $5/month6 when you use your account—no balance requirement and no monthly fees.
Turn everyday transactions into cashback rewards. See full account details.
Secure Checking
Get peace of mind with ID theft protection and up to $400 in cell phone coverage.5
Everyday life protection for just $4.95/month.7 See full account details.
Earn Your $300 Checking Account Bonus in 3 Easy Steps
1
Open your new FSB checking account online or at a branch in just a few minutes.
2
Provide your employer with your FSB account and routing number for direct deposit.
3
Start receiving direct deposits and earn your $300 bonus1 after 90 days of active use.
Modern Digital Tools Designed for Every FSB Checking Account
Enjoy built-in mobile banking3 features that make everyday banking easier, safer, and more convenient.
Card Controls
Control your card—turn it off, set limits, and manage where it’s used.
Manage Travel Plans
Use your card seamlessly while traveling without calling the bank.
Send & Receive Money
Send money to friends or between accounts at other banks with ease.
Compare Your Checking Account Options
Compare the features for both accounts and decide which one fits your unique needs.
FAQs About FSB's Checking Account Bonus Offer
What counts as a qualifying direct deposit?
A direct deposit is any electronic deposit made to your account from an employer, government agency, or retirement provider. It must be deposited into your FSB account using our routing number.
Transfers from other bank accounts or mobile payment apps do not count.
When do I get my checking account bonus?
You’ll receive your $3001 bonus once you've met all the requirements and your account has been in active use for 90 days.
To qualify, you’ll need to open a new FSB checking account, set up a direct deposit of at least $500, and enroll in eStatements.
The account must stay open and in good standing through the entire 90-day period. Once everything’s in place, your bonus will be deposited automatically—no need to follow up.
Can I get the bonus if I already have an FSB account?
Our checking account bonus is for new checking customers only—but if you already bank with us, you can still earn a Refer a Friend bonus. Share FSB with someone new, and you could both get rewarded!
How do I enroll in eStatements?
To enroll in eStatements and meet one of the requirements for the $300 bonus, just follow these quick steps:
-
Log In: Access your Online Banking account at myfsbonline.com.
-
Account Settings: Click on 'Profile' in the upper right-hand corner.
-
Make the Switch: Select 'Edit' next to 'Electronic Statements,' choose eStatements, and click “Save.”
That’s it—you’re enrolled. If you’re new to Online Banking, start by enrolling, then follow these steps to switch to eStatements.
How do I qualify for the $350 mortgage credit?
To earn the $3502 mortgage credit, just apply for a new mortgage with FSB and meet all the requirements for the $3001 checking bonus.
If approved, the credit will be applied directly to your closing costs. It’s our way of helping you save right from the start.
What’s the difference between High 5 Rewards and Secure Checking?
High 5 Rewards gives you cashback each month when you meet simple activity requirements—like debit card use and eStatements.
Secure Checking includes built-in protection like ID theft monitoring and cell phone coverage for a small monthly fee. Both accounts have no minimum balance requirements or transaction fees.
Can I open a checking account online or at a branch?
Yes, you can open your account online in just a few minutes, or visit any FSB Branch if you’d prefer to apply in person. Either way, you're eligible for the $3001 bonus when you meet the requirements.
Iowa's Faster. Stronger. Better.® Community Bank
We’re Iowa’s Faster. Stronger. Better.® community bank—committed to faster service, stronger relationships, and building better communities for everyone who lives here.
As a family-owned bank, we’ve been serving Eastern Iowa for over 90 years. Our team lives and works in the same communities you do. That’s why we invest back—volunteering thousands of hours and donating over $275,000 each year to local causes.
We make banking easy with modern tools, local experts, and checking accounts designed to fit your lifestyle. Whether you're just starting out or looking for more from your everyday banking, FSB is here to help you reach your goals with confidence.
Checking Account Bonus Disclosure
1To qualify for the $300 bonus, you must open a primary checking account with a direct deposit of at least $500 and enroll in eStatements. The bonus will be deposited into your checking account within 90 days once all qualifiers are active and used regularly. Limit one $300 bonus per household. Subject to account approval and 1099 reporting. May not be combined with other offers. A minimum opening deposit of $50 is required. Excludes Benefit Banking Plus. Must be 18 or older. This promotional offer ends 12/31/2025.
2All loans are subject to approval. Must be 18 or older to apply. Closing costs reimbursed up to $350. Minimum loan amount of $140,000. Offer valid for new FSB mortgage loan on an owner-occupied primary residence. Cannot be used for the refinance of an existing FSB mortgage loan. Multiple rates, terms, and payment options are available.
3Message and data rates may apply.
4Some benefits require registration and activation. For complete details of this checking account, speak with a Farmers State Bank representative.
5Special Program Notes: The descriptions herein are summaries only and do not include all terms, conditions and exclusions of the Benefits described. Please refer to the actual Guide to Benefit and/or insurance documents for complete details of coverage and exclusions. Coverage is provided through the company named in the Guide to Benefit or on the insurance document.
6Earn a $5 reward each month when you receive eStatements and make at least 15 signature-based debit card transactions of $10 or more. The qualifying transactions must post and clear on or before the last business day of the month. When requirements are met, the $5 reward will be credited to your account on the last business day of that month.
7Plus applicable sales tax.
8No charge for Bill Pay when you use it each month to pay at least one bill ($3/month if not used).
