First Clover Leaf Bank is no longer doing business under that name because it has been merged or acquired. See the successor institution First Mid-Illinois Bank & Trust, National Association.
So far so good. I got approved without problems. Part of the online application process is ACH funding from another account where First Clover Leaf deposits two small amounts to be verified by you before approval. I applied on the 14th and today (the 16th) I got an email today stating:
Welcome to First Clover Leaf Bank! We have placed in today's mail a welcome packet containing:
· A starter set of checks
· Instructions to access your online banking services
· A signature card which will need to be signed and returned
· An overdraft service opt-in/opt-out notice which will need to be signed and returned
Please read over the overdraft service notice. This notice contains important information regarding how First Clover Leaf Bank will handle any overdrafts related to one time debit card purchases and ATM transactions from your account. If you have any questions about this notice, please feel free to contact me or any other member of our online account team. It would be our pleasure to further explain your options. Please make your decision regarding opting in or out of overdraft protection. Then sign and date the form where indicated, and return it to the bank along with your signed signature card.
For your convenience we have included a postage paid envelope for you to return your signed signature card as well as your signed opt-in/opt-out notice. Once we receive your signed signature card we will be able to order your debit card(s) and checks. Please note that when your checks are ordered there will be a nominal charge of $13.84 automatically withdrawn from your account to cover the cost of checks. This order will be for one box of 200 checks.
As a courtesy to new account holders, First Clover Leaf Bank will grant the bonus rate during the first statement cycle (the Statement Cycle will be processed on the 20th of every month or the last business day prior to the 20th if the 20th falls on a weekend or a holiday). This will enable you to set up your bill pay, auto debit/credit, and receive your debit card(s).
Please remember to meet these requirements each statement cycle in order to earn the bonus rate for your account.
· 10 Debit/Check Card Transactions
· 1 Direct Deposit or ACH Auto Debit
· 3 Online Bill Payments
Thank you for banking with First Clover Leaf Bank, and please let me know if I can be of further assistance to you
Initially customer service was great--they seemed to have a great deal on a introductory (college) student banking account. However, I feel that the way they itemize their transactions (processing debits before credits regardless of timestamps) is an intentional attempt to make customers overdraw their accounts so that they can make a lot of money on fees. They have the highest fees I have ever experienced (I've banked with 5 different banks).
We do not have health information for First Clover Leaf Bank, because it is no longer an operational bank.
Sorry, we do not have rate data for First Clover Leaf Bank.
Sorry, but we do not have location data for First Clover Leaf Bank. Its headquarters is located at 6814 Goshen Road - Edwardsville, IL 62025