First Southern Bank $100 Savings Bonus [AL]

Check out this updated list of First Southern Bank promotions, bonuses, and offers!

Currently they have a $100 savings account bonus when you meet the requirements.

First Southern Bank Promotions Review

First Southern Bank is headquartered in Florence, Alabama and was established in 1934. Since then they have grown to 5 locations and boast an A health rating.

• Bonus Link:
  • $100 Savings Bonus
• Account Type: Savings Account
• Availability: AL
• Branches: 5 Branches (Bank Locator)
• Credit Inquiry: Unknown
• Direct Deposit Requirement: None
• Credit Card Funding: Unknown
• Early Termination Fee: Complete requirements and earn the bonus

For more current offers, check out our bank bonuses page. Compare First Southern Bank rates for CDs and Savings with our best rates for Savings  and CD accounts.

Be sure to check more popular bank promotions include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.

I’ll go over First Southern Bank offers below.

First Southern Bank $100 Savings Bonus

• What you’ll get: $100 bonus
• Where it’s available: AL
• How to earn it:
  • Open a Christmas Club Savings Account
  • $10 opening deposit
  • First Southern will match the last scheduled weekly deposit made into your Christmas Club or Vacation Club Account when deposits are scheduled at account opening
  • The account balance must equal the plan amount as follows:
    • $5 plan – required balance = $245
    • $10 plan – required balance = $490
    • $20 plan – required balance = $980
    • $50 plan – required balance = $2,450
    • $100 plan – required balance = $4,900
• When it expires: None

(Does Not Expire)

First Southern Bank is headquartered in Florence and is the 40th largest bank in the state of Alabama. It was established in 1934 and as of December of 2019, it had grown to 62 employees at 5 locations.

Savings Account Bonuses

First Southern Bank offers cash bonuses for new savings customers from time to time. Sometimes you have to open a qualifying saving account package to earn these bonuses. The best part is these offers are usually available nationwide.

As an added perk, All First Southern Bank checking accounts offer free online banking, mobile banking, and mobile deposits.

Special Saving Account Features

All First Southern Bank saving accounts come with these features.

• Online and Mobile Banking: Free Online Banking with Bill Pay, Mobile Banking, and Mobile Deposit.
• ATM Refunds: First Southern will refund ATM charges received when using your First Southern VISA Debit Card at non-First Southern ATM’s if you bring in or mail your ATM receipt reflecting the charge within 60 days from the date of the charge.
• Pay a Person: Make person-to-person payments electronically to anyone you choose, such as a landlord, babysitter, or relative.

What to Open at First Southern Bank

Keep your eye out on these great First Southern Bank products:

• Savings: You can earn a $100 bonus when you open a new qualifying checking account and complete the requirements. You must sign up and for membership with First Southern Bank.

How to Avoid First Southern Bank Savings Account Fees

Savings Account Offers

• Savings: This account earns 0.10% – 0.25% APY. Varying minimum of opening deposit
• Money Market: 0.15% – 0.25% APY, depending on amount. Varying minimum balances to earn APY
• Savings Certificate:
  • Standard: 0.05% – 1.00% APY. Terms ranging from 91 day – 60 month. $1,000 minimum deposit

Author’s Verdict

The $100 bonus at First Southern Bank offers a variety of great features and is fairly easy to open. Therefore be sure to sign up if this interests you!

Additionally, you can find a full list of the best bank promotions here. Finally, remember to bookmark this page because you will always find an updated list of First Southern Bank promotions here.

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