Abstract: First Nationwide Financial institution of Omaha (FNBO) was based in 1857. The financial institution is headquartered in Omaha, Nebraska, and provides companies on-line, however is barely obtainable to prospects who stay in eight U.S. states.
Observe: FNBO Direct is the web banking division of FNBO, which provides high-yield financial savings and cash market accounts, obtainable nationwide.
FNBO’s Entry Debit account offers you the naked minimal in facilities you want with a checking account. This account has no month-to-month payment or minimal stability requirement, nevertheless it does not include checks, and no overdrafts are allowed.
This primary checking account from FNBO has no month-to-month payment or minimal stability requirement, although it does not earn curiosity or supply overdraft safety. The account does include free checks.
With FNBO’s Premier Checking account, your deposits can earn 0.02% APY, though charges rely on the place you reside. Should you carry a mean day by day stability of $15,000 or extra, you may have the $15 month-to-month payment waived. The account additionally comes with free checks and overdraft safety.
Learn extra: Easy methods to order checks on-line
FNBO’s Financial savings account earns curiosity for those who even have an FNBO checking account. The speed you earn is determined by your deposit quantity and site.
This account has no month-to-month payment or minimal stability requirement, however prospects can solely make six free withdrawals per thirty days. After that, there is a $5 payment for every withdrawal.
With FNBO’s Cash Market account, rates of interest rely in your deposit quantity and site. There isn’t any month-to-month payment or minimal stability requirement, however a minimal deposit of $1,000 is required to open the account.
Just like the financial savings account, you’re restricted to 6 fee-free withdrawals per thirty days, however this account does include checks.
FNBO’s Flex Financial savings is a novel hybrid of a CD and financial savings account. With this account, you may select to lock in an rate of interest at any time, for a period of both three or six months. The best charge at present obtainable is 3.5% for a 3-month lock.
Flex Financial savings has a $25 month-to-month payment, nevertheless it’s waived for those who hold a stability of $1,000 or extra. Account holders get two free withdrawals per thirty days.
You’ll be able to open a CD at FNBO with simply $500. FNBO CD phrases vary from 91 days to 5 years, with a variety of charges. Essentially the most you will earn is at present 3.20% APY if you do not have an FNBO checking account, or as much as 3.7% APY for those who do.
FNBO provides a wide range of mortgage varieties for purchasers, so you may doubtlessly do your whole banking and borrowing in a single place. Here is an outline of FNBO’s mortgage varieties:
Mortgages: Typical mortgages, FHA and VA loans, house fairness loans, and extra.
Private: Private loans and contours of credit score, in addition to debt consolidation loans.
Auto: New and used automotive loans. (Auto refinancing will not be obtainable.)
FNBO provides 4 completely different bank cards with a wide range of rewards and advantages, together with a secured bank card that comes with rewards:
Evergreen Credit score Card: Limitless 2% money again with a $200 welcome bonus and no annual payment.
Getaway Credit score Card: As much as three factors per greenback, with 0% APR for the primary 12 months and no annual payment. Stability switch payment is 5%.
GreenSelect Credit score Card: Zero curiosity for the primary 18 months and no annual payment. Stability switch payment is 5%.
Rewards Secured Credit score Card: Accessible for deposits between $300 and $5,000. Purchases earn one level per greenback.
Should you’re in search of a checking or financial savings account that has no month-to-month charges, you’ve a number of choices to select from at FNBO. That stated, prospects could incur charges in sure cases.
Execs:
Number of deposit accounts: FNBO provides a number of checking and financial savings accounts, so you may select the account with the options that greatest go well with you.
Charge-lock on financial savings: Most financial savings accounts have variable rates of interest, however FNBO’s Flex Financial savings account has a rate-lock function.
Rewards on secured playing cards: Most secured bank cards do not earn rewards, however FNBO’s secured card earns one level per greenback.
Cons:
Rates of interest on deposits differ by location: The rates of interest on most of FNBO’s deposit accounts differ relying on the place you reside.
Under-market charges: Most of FNBO’s deposit accounts earn little or no curiosity.
Restricted service space: FNBO solely provides banking in Colorado, Illinois, Iowa, Kansas, Nebraska, South Dakota, Texas, and Wyoming.
FNBO does not supply chat assist by its web site, however you may name 800-642-0014 for banking and lending assist or to open an account, and you may attain a stay agent 24/7. You may as well open an account at FNBO.com.
FNBO has cell banking apps for each iPhone and Android, and the apps include free FICO credit score rating monitoring. The Google Play retailer has a consumer score of 4.6 stars, though latest critiques continuously point out bother utilizing the app. The Apple App Retailer has 4.8 stars.
FNBO highlights its dedication to group affect and environmental sustainability, however the financial institution’s monitor document is blended. In 2024, FNBO contributed over $7.5 million to nonprofit organizations. However in accordance with Financial institution.Inexperienced, an organization that charges banks’ environmental insurance policies and affect, FNBO “falls quick in local weather accountability.”
Moreover, in 2016, the Client Monetary Safety Bureau ordered FNBO to pay over $32 million to its bank card prospects for unlawful expenses the financial institution made.
Buyer assist is obtainable 24/7 at 800-642-0014. You’ll be able to write to FNBO utilizing this tackle:
First Nationwide Financial institution of Omaha
P.O. Field 3128
Omaha, NE 68103
Sure, FNBO is an FDIC-insured financial institution. Your deposits are protected as much as the federal limits.
FNBO’s routing quantity is 104000016.
FNBO is a dependable financial institution that is been in enterprise for over 150 years. This financial institution has acquired comparatively low scores from prospects, nevertheless it has an A+ score from the Higher Enterprise Bureau.
FBNO has Zelle obtainable by on-line banking or by the financial institution’s cell apps.
