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First Security Ranked by Newsweek as One of America's Best Banks

First Security Ranked by Newsweek as One of America's Best Banks

Newsweek recently shared its inaugural ranking of the banks that have best served their customers’ needs during an unusually difficult year due to the Coronavirus pandemic. First Security was named one of America’s best banks in two categories: Best High Yield Checking Account and Best Online Checking Account.

“Like virtually every other aspect of our lives – work, school, shopping, dating, entertainment, you name it – the pandemic is changing the way Americans bank,” Diane Harris, Newsweek’s Deputy Editor in Chief, wrote. “And those changes, in turn, are creating a new set of challenges and opportunities when it comes to picking the financial institution that best suits your banking needs.” 

Emergency savings accounts became more popular during the economic downturn and the need for social distancing required more use of online and mobile banking. As evidenced in Newsweek’s ranking, First Security provides products and services that excel in these areas.

To identify America’s Best Banks, Newsweek partnered with LendingTree, a comparison site for financial services. A list of over 2,500 FDIC-insured banks was refined through a variety of filters ranging from fees and interest rates to mobile app satisfaction and reviews.

“We are thrilled to have been named among the best banks in the country by Newsweek,” said Kurt Herbrechtsmeyer, President/CEO of First Security Bank. “We’re very proud of the return rates we offer because it means more money goes back to the people and businesses in the communities we serve. This recognition really shows how we stand out from the crowd!”

Read more about America’s Best Banks and First Security’s ranking at Newsweek:

First Security Bank & Trust has locations across North Central Iowa and headquarters in Charles City. Member FDIC.



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