First State Bank Money Matters Checking earn high yield tiered rates by meeting all qualification requirements each statement cycle. $100.00 minimum deposit to open, earn a higher rate of interest, No minimum balance, No monthly service charge, FREE MasterMoney™ Debit card, Online Banking, Bill Pay, Mobile Banking and Mobile Deposit. Qualifying criteria is as follows: Monthly E-Statement (Electronic Statement) or Paperless Statement, minimum of 10 posted and cleared debit card transaction per statement cycle, access to account online at least once per statement cycle. One of the following must post and settle during the statement cycle: a direct deposit, minimum of one bill pay, or one Automated Clearing House (ACH) transaction. Minumum of one recurring internal transfer or loan payment transfer either through the Automated Transfer System (ATS) or through First State Bank Online Banking must post and settle during the statement cycle.