Average User Rating:4.5 star rating based on 2 reviews.
BankFirst Financial Services
BankFirst Financial Services Locations|
110 South Jefferson Street Macon, MS 39341 662-726-5192 www.bankfirstfs.com  |
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BankFirst Financial Services is headquartered in Macon and is the 11st largest bank in the state of Mississippi. It is also the 896th largest bank in the nation. It was established in 1888 and as of December of 2012, it had grown to 153 employees at 14 locations. BankFirst Financial Services has a 4-star health rating.
Related Posts
Sorry to see these rate cuts: Kasasa Cash (reward checking): 1.50% APY up to $50K was 2.00%] 0.25% APY over $50K 0.10% APY on entire balance if requirements are not met Kasasa Saver (reward savings): 0.75% APY up to $50K 0.25% APY over $50K
I've opened many internet bank accounts, but have never had one require submittal of a copy of my Social Security Card... until now. BankFirst wants copies of your Driver's License and Social Security Card, both. This, after submitting all the
I first reported on the reward checking account at BankFirst Financial Services in 2009. As you might expect, rates have fallen. However, the rate remains competitive and the balance cap has remained ...
BankFirst Financial Services is offering two competitive CD rates: 2.29% APY for 18 months and 2.00% APY for 15 months. Minimum deposit for the 18-month CD is $1,000, and $2,500 for the 15-month CD. There's also an online special 6-month CD with a 1.50%...
2009
See Rates for: Checking | Savings | CD
BankFirst Financial Services Checking Account Rates
BankFirst Financial Services Savings Account Rates
BankFirst Financial Services CD Rates
| Apy | Min | Max | Product | |
| 1.15% | $1k | - | 60 Month CD | |
| 0.80% | $1k | - | 48 Month CD | |
| 0.65% | $1k | - | 36 Month CD | |
| 0.50% | $1k | - | 30 Month CD | |
| 0.45% | $1k | - | 24 Month CD | |
| 0.30% | $1k | - | 18 Month CD | |
| 0.25% | $2,500 | - | 15 Month CD | |
| 0.20% | $2,500 | - | 12 Month CD | |
| 0.20% | $2,500 | - | 6 Month Online Special CD | |
| 0.15% | $2,500 | - | 6 Month CD | |
| 0.15% | $2,500 | - | 9 Month CD | |
| 0.10% | $2,500 | - | 1 Month CD | |
| 0.10% | $2,500 | - | 3 Month CD |
Data for Q4 2012
Institution Statistics
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Institution Health
Overall Score:
4 out of 5 
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Long Application Process But Very Good Service
- Max - Saturday, November 10, 2012 - 2:33 PMI opened a Kasasa checking acct here just after they dropped their rate from 2.5 to 2.0%. (Lucky me) My former bank, Peoples United in Massachusetts, had dropped their rate from 3.01 to less than 1% with notice whatsoever. Since I check this blog every month, I found BankFirst had the highest rate for non-locals-only banks at the time.
It took about 3 weeks to establish the account, needing to mail the application they sent to me after completing it online and then also needing to send them copies of my SSN & drivers license. But they're very friendly and helpful on the phone and in their written correspondence (they're in Mississippi if that matters).
They have one of the best home pages I have seen with very easy links to all your other banks showing balances in all your accounts (if desired and set up.) Transfers are easy too but there is a $2000 ACH limit per 3 days (they say $2000 per day but another transfer is not possible until the "daily" transfer is fully completed.) Should you need more than that faster, Walmart or Costco checks are the way to go. Their system also allows you to pull money out of another linked bank by ACH without fee, bypassing the high fees some banks charge to send money out of your account.
ACH transfers in from any other linked bank account in any amount satisfies the direct deposit requirement and there is no minimum transaction amount for the 10 required for the higher interest rate.
I'm not happy about the recent drop to 1.5% but at least they sent a notice (2 weeks after the fact) but at the moment it's the highest rate for up to $50,000.
3-year Term IRA CD
1.21% APY
Great People, Great Bank
I have been a customer of Bankfirst for several years. I finally abandoned my old bank completely, closing a business account of 30 years, giving the entirety of my business to Bankfirst. I am regretful at losing a long relationship but they just could not, or would not, get with the program for online banking. Bankfirst has done so, and with great rates in their Reward Checking product. Steve A.