First Bank & Trust

Issuer: First Bank & TrustFirst Bank and Trust

Headquarters:Brookings, South Dakota

Parent Company: Fishback Financial Corporation

Website: First Bank & Trust

FDIC Status: First Bank & Trust (FDIC Cert: 3973) is FDIC Insured. First Bank & Trust has been FDIC insured since January 1, 1934. It was established on November 2, 1925.

Check First Bank & Trust’s FDIC Status

Overview of First Bank & Trust (and their parent, Fishback Financial Corporation)
First Bank & Trust is a bank owned by Fishback Financial Corporation (FFC). FFC is one of South Dakota’s largest privately held financial holding companies with five subsidiary banks and assets totaling nearly $1.6 billion. The present First Bank & Trust celebrated its opening on November 2, 1925. Security National Bank, as it was then known, opened its doors during an extremely difficult time for business in South Dakota. Three Brookings banks had failed and a fourth bank failure was imminent. The local paper reported, “The new bank starts off with the brightest of prospects for a splendid business career, with the confidence of the entire community and the realization that it is filling a real need in Brookings.”

First Bank & Trust is the issuer for a number of prepaid debit card programs, including the affinity debit cards from Tempo, and the Revolution Money cards (although this may change now that Revolution Money has been acquired by American Express).

Stock Symbol:
Corporate Headquarters:

Debit Cards

Student UPside Visa Prepaid Card

This teen debit card is one of our favorites. The team at UPside has really come through again, this time creating a prepaid debit card for teens that has all the features a parent needs to control teen spending, and all the things that teens love (like freedom, great card designs). Read More

PayPower Visa Prepaid Card PayPower™ Visa® Prepaid Card

PayPower is a Visa prepaid debit card that you load and reload with cash and use for everyday purchases, giving you total control over your money. Purchase the card for $3.95 plus the load amount, then transfer the funds to the card by calling the toll free number on the back of the card, or by visiting
Read More

American Express Business Gift Card American Express Business Gift Cards

The Business Gift Card from American Express is a great way to say “thank you” to clients, customers or employees. Purchase these cards in bulk and save. Find out more about this gift card in our review of the American Express Business Gift Card. Read More

How to Get a Tax Refund Card

As we discussed in the previous sections of our guide to Tax Refund Cards, tax refund cards are actually just prepaid debit cards. Most reloadable prepaid debit cards can be used as tax refund cards. Read More

ACE Express Elite Fee Advantage Visa ACE Elite Visa Prepaid Card (not using direct deposit)

The ACE Express Elite Fee Advantage prepaid Visa Debit card is easy to get. No credit check, no obligation or application fee to forfeit either. The ACE Elite Fee Advantage Visa monthly plan is safe for your tax refund, cash load or paycheck direct deposit since all deposits are backed by FDIC. You are also protected against fraud with Visa’s Zero Liability Protection Plan. You can get the Elite Visa’s Pay as You Go plan or the Fee Advantage plan if you want a little more purchasing power and variety.
Read More

Eufora Elite Eufora Elite ($0 up front)

You CAN have it all, with Eufora Elite. The new Eufora Elite card has a $0 upfront offer – for a limited time only you can save almost $100 with their $0 upfront offer. This card helps you build your credit. Plus, you save $100. What’s not to like? Read More

Corporate Overview
Recent News Items
  • Prepaid Research: Hispanic Tax Filers View of Prepaid

    Hispanics are a large demographic in the U.S. According to the 2010 U.S. Census, Hispanics make up approximately 16.3% of the U.S. population, with over 50 Million Hispanics in the U.S. The Hispanic market is an important one for many prepaid debit card issuers, as studies have shown that nearly 20% of Hispanics are unbanked.

  • Debunking Myths of Building Credit With Debit Cards (Part I of III)

    Many prepaid debit cards come with an optional or built in “credit builder” feature. Do these features actually help consumers build a better credit score or credit history? This three part series (by Guest Author Tom Britz) investigates whether existing prepaid debit card “credit builder” features actually work, and describes features of a new credit builder tool that is coming.

  • New O2USA Prepaid MasterCard Offered to Unbanked and Underbanked in February 2012

    Jan 24, 2012 – Today, O2 Secure Wireless (Pink Sheets: OTOW) released that it will be making available February 1st, a prepaid debit MasterCard designed to serve the growing underbanked and unbanked populations throughout the world. With the rise in unemployment and economic strain across the globe, a larger percentage of the population is turning […]

  • The 10 Most Common Prepaid Card Fees

    Dec 09, 2011 – There is no doubt that Prepaid Cards come with fees as does most any financial tool available. Interest carry, minimum balances and overdraft protection may not sound like fees, but you better believe that financial institutions make money on those services as well. It has been said before that not all […]

  • Instant Debit Card Networks from Obopay

    Obopay continues to add to their platform of offerings for banks, and today announced several features that can be branded by banks, including instant debit network connections, bank transfers and other new tools. The features are designed to allow bank customers to get paid quickly and easily

About This Author

Post A Reply