Our Services

Personal Banking with First National Bank

Personal Checking and Savings Options

Account Name Opening Deposit Service Charge  Minimum Daily Balance Required Interest Bearing Free Checks Additional Features or Information
Penny-wise Checking $100.00 No No No First Box Free learn more
Freedom 50 $50.00 No No Yes Yes Must be 50 years or older to qualify learn more
NOW $1000.00 $10.00 monthly, waived with minimum balance $1000.00 Yes No learn more
Money Market $500. $7.50 monthly, waived with minimum balance $500. Yes N/A Tiered interest rates based on tiered balances learn more
Money-wise Savings $100.00 $6.00 quarterly, waived with minimum balance $100.00 Yes N/A learn more

(Printable From Home) Deposit Account Forms

New Customer Account Form

Debit card application

Direct Deposit Change Request

Direct Deposit of Federal Benefit Payments forms

Automatic Deposit Change Request (non payroll)

Automatic Payment Change Request

Change of Address

Incoming Wire Instructions

Personal Certificate of Deposit Options

Account Name Monthly Service Charge Minimum Opening Balance Interest Bearing Statements Additional Features or Information
Certificate of Deposit None $500.00 Yes, based on Term of Certificate At Maturity Penalties apply for early withdrawal learn more

Individual Retirement Account (IRA) Options

Account Name Minimum Opening Deposit Interest Bearing Statements Additional Features or Information
IRA Savings $100.00 Yes, based on the Personal Savings Account rate. Quarterly Multiple Deposits are allowed. learn more
IRA Premier Savings Tiered Yes, based on the Personal Money Market Account tiered rates. Quarterly Multiple Deposits are allowed. learn more
IRA Certificate $500.00 Yes, based on the Term of Certificate. At Maturity Terms offered are based on the Personal Certificate of Deposit options. Penalties apply for early withdrawal.

Personal VISA Credit Card Options

  • Visa Signature Rewards
  • Visa Platinum
  • College Rewards Visa
  • Co-Signer Visa
  • Secured Visa

Personal Loan Options

First National Bank has a variety of loans to meet all of your credit needs and fit your budget.

Vehicle loans – for the purchase of that new or used car, truck, or SUV.
Consumer loans – for the purchase of a recreational vehicle, such as a motorcycle, snowmobile, or four-wheeler, or to finance a personal expense.
Mortgage loans – for the purchase of a new home, whether a primary residence or a second home, or to refinance an existing mortgage loan.
Home Equity loans or lines of credit – for home improvements, debt consolidation, or other credit needs.
Construction loans – for the construction of a new home.
Personal credit lines – for periodic credit needs or to provide overdraft protection.

Our experienced and knowledgeable lenders will make the process simple and the savings great. Contact us to discuss the loan thats right for you!

(Printable From Home) Personal Loan Applications

Consumer Credit Application


You can also check out our new online Mortgage Application Program by just clicking the link below and signing up!!



Mountain Iron, MN

8355 Unity Drive - PO Box 382 - Mountain Iron, MN 55768
Phone: (218) 749-3190 - Fax: (218) 749-3195

Buhl, MN

702 Seville Ave. - PO Box 706 - Buhl, MN 55713
Phone: (218) 258-3213 - Fax: (218) 258-4310

Children’s Online Privacy Protection Act (COPPA)
We do not knowingly collect personal information from individuals under the age of 13 without obtaining verifiable consent from their parents. We request that such individuals do not provide personal information through the services. For more information about the Children’s Online Privacy Protection Act (COPPA), visit the FTC website


FDICEqual Housing Lender

Privacy Notice

Federal law requires us to tell you how we collect, share, and protect your personal information. Our privacy policy has not changed and you may review our policy and practices with respect to your personal information here or we will mail you a free copy upon request if you call us at 218-749-3190.

Update to Regulation CC Thresholds

Starting July 1st 2020, inflation adjustments will impact the thresholds to “Regulation CC” as following:

  • $200 is changing to $225 (Note: the $200 amount is still referred to $100 in Reg CC). This amount is used on case-by-case holds and will impact most financial institutions.
  • $5,000 is changing to $5,525. This amount is used on certain special exception holds, such as large deposit holds, new account holds, and repeatedly overdrawn holds. This change will also impact most financial institutions.

Lost or Stolen ATM Card?

For lost or stolen Instant Cash and Check cards, please contact us at 218-749-3190.

After hours, please contact Instant Cash stolen card support at 800-535-8440 or 612-316-1484.