Take on the next milestone using the equity in your home.
Whether it’s time to take care of home improvements or pay school tuition, you just might find the cash you need to take on the next milestone in your own home.
Benefits You’ll Love
- Competitively low rates
- Options to fit a wide range of needs
- Tax advantages on interest paid*
- Local servicing of your loan
- Tap into your home's equity for a wide range of personal needs:
- Home remodel projects
- Education expenses
- Debt consolidation
- Auto purchases/repairs
- And more!
- Competitively low rates
- Budget-friendly terms, custom-tailored to your unique situation
- Interest paid might be tax deductible*
- Friendly, knowledgeable service from start to finish
- Local decision-making and processing for quick answers
To submit your application, please follow one of the following instructions:
- Drop off at your closest First State Bank of Forrest branch. Branch information can be found here.
- Send a general email to [email protected] (do not attach the application on the first email). We will then provide directions on submit the application over secure/encrypted electronic means.
Call 815-657-8248 if you have any questions.
*Consult a tax advisor.
Use this calculator to determine your projected earnings from our Kasasa Cash account. Move the sliders or type in the numbers to see your potential rewards.
- Estimated Annual Rewards $0
- Estimated monthly interest earned* $0
- Monthly ATM fees refunded**$0
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
- Net cost of leasing $0
A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
- Total interest earned $0
- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
- Total paid $0
- Total interest paid $0
Certificates of Deposit
Please call your local branch to get a list of our current offerings and rates.
Individual Retirement Account (IRA): Same as Above. All rates and Annual Percentage Yields (APYs) are accurate as of the effective date. You may request additional information concerning the fees and terms applicable to the advertised accounts. Penalty for early withdrawal.
A penalty applies for early withdrawal.
Checking & Savings Accounts
| Account | Minimum Required balance to open and obtain APY | Interest Rate | APY |
|---|---|---|---|
| Regular Savings | $1 | 0.25% | 0.25% |
| NOW Accounts | $500 | 0.25% | 0.25% |
Christmas Club Account
| Minimum Required balance to open | Interest Rate | APY |
|---|---|---|
| $1 | 0.25% | 0.25% |
Kasasa Cash*
| Tier | Interest Rate | APY |
|---|---|---|
| 0 - $25,000 | 3.93% | 4.00% |
| $25,000+ | 0.25% | 4.00% - 1.00% |
| All balances if qualifications aren't met | 0.05% | 0.05% |
Qualifications
Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash® account during each Monthly Qualification Cycle:
- At least 1 ACH payment transaction
- At least 12 debit card purchases
- Be enrolled in and agree to receive eStatements
If you don't meet the qualifications one month, don't worry. There is no penalty, and you still have a free checking account that earns our base interest rate. Plus, you can get back to earning really high interest and nationwide ATM fee refunds the very next month.
Kasasa Saver*
| Tier | Interest Rate | APY |
|---|---|---|
| 0 - $25,000 | 1.98% | 2.00% |
| $25,000+ | 0.25% | 2.00% - 0.60% |
| All balances if qualifications aren't met | 0.05% | 0.05% |
Qualifications
Qualifying for your Kasasa Cash rewards automatically qualifies you for the highest Kasasa Saver® rate, too. Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash account during each Monthly Qualification Cycle:
- At least 1 ACH payment transaction
- At least 12 debit card purchases
- Be enrolled in and agree to receive eStatements
It's no problem if you miss a qualification cycle. You can get back to earning rewards the very next month you qualify.
Money Market Account
| Tier | Interest Rate | APY |
|---|---|---|
| $1,000 - $9,999.99 | 0.25% | 0.25% |
| $10,000+ | 0.25% | 0.25% |