First Community National Bank (Cuba, MO) Changes RCA Program

In a letter dated 12/5/12 (but not mailed until 12/14/12), customers were informed that FCNB's "Real Life Checking" will be replaced with two different RCA products: "Real Life Rewards Checking" and "Real Life Interest Checking".

Every customer's "Real Life Checking" account will automatically convert on 1/16/13 to the new "Real Life Rewards Checking" account product which features a $0.25 rebate for each debit card transaction (when the customer meets the program requirements). In order to continue earning the advertised 4.01% APY, the customer must contact the bank directly and request that his/her account convert to the "Real Life Interest Checking," which offers the high yield but not the debit card rebates. 

The program requirements are also changing. The minimum requirements now require a customer to have 20 debit card transactions (up from the 10 currently required) post to the account each qualification cycle. Additionally, the customer must have at least one direct deposit/ACH, receive e-statements, and make at least one payment through online bill pay.