First Savings Bank Northwest is a corporate leader. We take our responsibilities seriously, not just as a member of this community, but as a regional and even national entity. We will continue to respect the rights and privacies of individuals and do not tolerate any prejudice, whether it be based on race, color, creed, religion, sex, age, national origin, marital status, sensory, physical or mental handicap, political ideology, or sexual orientation.
Privacy Policy
Check 21 - The Check Truncation Act
Email & Internet-related Fraud
VISA ATM/Debit Card transaction limits
FDIC Consumer News
NEW FDIC INSURANCE rules
Money Market Accounts
Fee Schedule and Common Features
Amended Funds Availability
The Unlawful Internet Gambling Enforcement Act
Just so you know... financial institutions and retailers are no longer required to give customers a receipt for all transactions. A customer may not receive a receipt for any transaction at an ATM or point of sale terminal for $15 or less.
‘Check 21’ - The Check Truncation Act is a federal law that allows banks to handle checks electronically. This allows large volumes of checks to be processed quickly and efficiently, and results in these significant benefits for you:
- Checks clear faster, and as each check clears, the new balance is reflected on the account.
- Fraud is reduced because, as checks clear faster, banks are able to identify fraudulent items sooner and minimize customer inconvenience.
- Check images are accessible to you online and readily available to print if needed.
As of July 1, 2008, the Seattle office of the Federal Reserve Bank became a Check 21 capture and print facility, and all paper checks deposited to the Seattle office will be converted to Check 21 for collection.
What this means to you....
First Savings Bank Northwest will be truncating checks for all accounts with check writing capability. First Savings Bank Northwest will not return your cancelled checks. For your convenience, we offer “HomeBanker”, an internet banking service available at www.fsbnw.com, where you can view the front and back of your cancelled checks online. We know this will be a change for many of you. If you have questions about your statement please don’t hesitate to call or stop in the office.
First Savings Bank Northwest is concerned with the prevalence of email and internet-related fraudulent schemes, such as "phishing" (fishing) and ID theft.
Our web site should not be accessed from a link provided by a third party. It should only be accessed by typing in the web site name or the URL address, into the web browser, or by using an established "bookmark" that directs your browser to our site. An outside link may take you to a site which appears like First Savings Bank Northwest, however this could lead to a "spoofed" site which is out to trick customers in to thinking they are responding to a bona fide request, and divulge personal information.
First Savings Bank Northwest will never ask for any personal or financial information from you via email.
We will not request your social security number, account number nor P.I.N.s.
Please report any such requests to our institution.
Click here to read a brochure prepared by the FDIC and other regulators regarding "phishing" and protecting your identity.
This brochure is in PDF format, and requires the Adobe Acrobat reader, please press the icon below to download Acrobat.
ATM Cash Withdrawal limit
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$600.00 per day |
Number of transactions allowed
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Unlimited |
Point-of-sale transactions
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$2,500.00 per day |
Number of transactions allowed
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Unlimited |
| VISA Debit Card transaction charge |
No charge at our ATM |
Deposits will not be accepted at ATMs.
Outside surcharges may be assessed at some ATM locations.
The above limits only apply to consumer accounts. For business accounts please reference your Business Debit Card Agreement.
With banks and the economy in the news so much lately, many people are thinking more about the safety of their money. The good news for consumers is that federal insurance coverage has significantly increased, primarily as a result of a temporary boost in the basic insurance limit from $100,000 to $250,000. The boost in insurance coverage is in place through Dec. 31, 2013. That's also why the Federal Deposit Insurance Corporation has issued an explanation of the new changes along with tips and information to help bank customers better understand their insurance coverage and how to be sure all their deposits are fully protected.
The advice was published as a special edition of the agency's FDIC Consumer News (the Fall 2008 issue) entitled "Your New, Higher FDIC Insurance Coverage: How You Can Be Fully Protected," which can be read or printed at www.fdic.gov/consumers/consumer/news/cnfall08. To order up to two free paper copies, use the online form on that same Web page or call the Federal Citizen Information Center toll-free at 1-888-8- PUEBLO (1-888-878-3256) weekdays from 8:00 a.m. to 8:00 p.m. Eastern Time and ask for Department 89.
The goal of FDIC Consumer News is to deliver timely, reliable and innovative tips and information about financial matters, free of charge. Current and past issues of FDIC Consumer News, including previously published special editions, are online at www.fdic.gov/consumernews.
All funds in a "noninterest-bearing transaction account" are insured in full
by the Federal Deposit Insurance Corporation from December 31,2010,
through December 31,2012. This temporary unlimited coverage is in
addition to, and separate from, the coverage of at least $250,000 available
to depositors under the FDIC's general deposit insurance rules.
The term "noninterest-bearing transaction account" includes a traditional
checking account or demand deposit account on which the insured
depository institution pays no interest. It also includes Interest on
Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts,
such as traditional checking or demand deposit accounts that may ear
interest, NOW accounts, and money-market deposit accounts.
For more information about temporary FDIC insurance coverage of
transaction accounts, visit ww.fdic.gov.
Starting July 2, 2009, the federal regulation limiting the amount of checks written on all Money Market Accounts has been increased from three (3) to six (6), with the six-per-month transaction limitation by means of check, debit card or similar order payable to third parties still applies.
Effective July 18, 2011, our Funds Availability Policy has been revised due to recent changes to Regulation CC – Expedited Funds Availability Act. We’ve updated the amount of money that becomes available to you when a funds hold is placed on a deposit. The first $200 of the deposit amount placed on hold will become available the next business day.
For additional information, please review our Funds Availability Disclosure
Effective June 1, 2010, banks are required to comply with the Unlawful Internet Gambling Enforcement Act. Please refer to the Internet Gambling and Your Bank pamphlet for information you need to know about what banks are doing to ensure illegal internet gambling activities are thwarted.
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