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

Facecard Prepaid MasterCard for College Students

This is Facecard’s Teen Debit card. It’s pretty much the same as the regular prepaid debit Facecard, but in this review, we talk more about some of the great parental controls available in the Teen Debit card. A Teen Debit Facecard is a prepaid reloadable card that can be used anywhere MasterCard® is accepted. Like the other Facecard, the teen debit Facecard is a great and inexpensive card. Read More

Pink ACE Elite Visa Prepaid Card Pink ACE Elite Visa Prepaid Card

The ACE Express Elite “Pay As You Go” plan prepaid Visa Debit card is offered jointly with NetSpend Corporation, an innovator in the prepaid card space. The ACE Elite Pink Visa has excellent features and benefits along with a benevolent offering. ACE has joined the fight to “Swipe Out” breast cancer. With every swipe of the Pink ACE Elite Visa prepaid debit card, a portion of the proceeds are donated to the National Breast Cancer Foundation. So, not only do you get some of the great benefits offered by ACE Elite Visa, including – faster payment when using direct deposit, a no fee $10 purchase cushion, money sharing via card to card transfers, text alerts, FDIC protection and a rewards program, but you are also helping to fight this dreaded disease with every purchase.
Read More

Vision® Visa® Prepaid Card - Simple & Fair with Direct Deposit Vision Premier Visa Prepaid Debit Card (Direct Deposit)

The Vision® Visa® Prepaid Card – Simple & Fair is “the better way to pay.” The team at Vision has created a great prepaid card, packed with all the features you need to shop, save, and track your finances. Read More

NetSpend Pay As You Go Visa NetSpend Prepaid Visa Debit Card (Pay As You Go Version)

NetSpend Corporation continues to astound the masses with some of most flexible and consistent prepaid debit card products around. The NetSpend Prepaid Debit Visa card is a spectacular financial device brought to you in three varieties – a PAY AS YOU GO card (see review below), a FEE ADVANTAGE card, and the powerful PREMIER FEE ADVANTAGE card (requiring direct depost). The Pay as you Go plan was developed for light shoppers and those that really only use the card occasionally.
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

FlexClear Prepaid Mastercard FlexClear Prepaid MasterCard

The choice is clear with the FlexClear Prepaid Mastercard prepaid debit card. From simple and clear money management capabilities, great security and ease of loading funds, the Flex Clear prepaid card is an excellent choice. Also, the Scoot(TM) Mobile Money platform can help you get text alerts for balances, deposits, spending and payments due. You can also send and receive money with card-to-card sharing, as well as receive special offers via text messaging. Another great feature is the FREE WellCard(TM) Health Discount Plan offered to FlexCard customers who can save up to 80% on a wide range of health services.
Read More

Corporate Overview
Recent News Items
  • Comparing Trajectories: NetSpend Growth vs Green Dot Growth

    The two publicly traded heavyweights in the prepaid debit card industry reported first quarter 2011 earnings over the last week, with Green Dot (NYSE: GDOT) reporting on April 28, 2011 and NetSpend (NASDAQ:NTSP) reporting on May 5, 2011. Both companies showed increasing revenues and net income. But how do they compare on some of the key metrics which suggest how their prepaid card issuance is trending?

  • Jury Tells MoneyGram: Send $16.5 Million to Western Union

    On September 24, 2009, in a patent lawsuit between Western Union (NYSE: WU) and MoneyGram Payment Systems, Inc., a jury returned a damage award in favor of Western Union in the amount of $16.5 Million.

  • JCPenney Pushes Gift Cards This Holiday

    Today, J. C. Penney Company, Inc. (NYSE: JCP) announced a variety of gift card options under the slogan: “Joy of Giving™”. JCPenny is pushing gift cards as a way to make gift giving easier by removing guesswork for customers and by allowing recipients to easily select a gift they want.

  • Tips for Giving (and Using) Prepaid Gift Cards

    Two leading organizations in the prepaid gift card space published a set of consumer tips for buying and using gift cards for the holiday season. The tips were published by the Network Branded Prepaid Card Association (NBPCA) and BlackHawk Network (the company behind

  • Update on the TCF Fight Against Durbin

    The court battle between TCF National Bank (NYSE: TCB) and the Board of Governers of the Federal Reserve continues, as TCF tries to stop enforcement of the Durbin Amendment. Late in February, the Federal Reserve filed a motion to dismiss TCF’s complaint.