Customer Referral Program

Definitions:

Referrer(s): the person making the referral

Referred Candidate, Referee(s): the person being referred to First Bank & Trust Co. to open an account.

Incentive Qualifications: The referral incentive is available to eligible personal checking account holders, provided that all requirements for the referred account are met. All accounts are subject to approval.

• Only referrals submitted through the official Customer Referral Program Entry Form will be eligible for the program. Referrals shared verbally, by email, or through any other method outside of the form will not qualify.
• If duplicate referrals, the first submitted referral will receive the credit.
• Referees must open a First Freedom Checking Account within 30 days of being referred. 
• Referred candidate must be a new First Bank & Trust Co. customer.
  • To be considered a new customer, a referred candidate must not have had an open account at First Bank & Trust Co. within the last 365 days. If the preferred candidate had a previous account with First Bank & Trust Co., that banking relationship must have been in good standing.

• Referred candidate must open a First Freedom Checking Account and meet the following activity requirements:
  • The referred candidate must maintain an active and in good standing First Freedom Checking Account for ninety (90) days.
  • To be considered active, the account must have at least five (5) posted debit card transactions and receive a recurring direct deposit (e.g., payroll, social security) within the ninety (90) day account status period.

Notification: The referrer authorizes the sending of communications to the referred candidate. The referred candidate may not receive an email if the person has “unsubscribed” or “opted out” of marketing material from First Bank & Trust Co.

We are committed to protecting the information shared with us. Any information collected through this program, such as names and email addresses, will be used solely for administering the program and providing relevant banking and promotional information. Your information is protected through our privacy and security practices and will not be shared with third parties except as necessary to support program administration or as required by law. For more details, please review our Privacy Policy.

To maintain confidentiality, we cannot disclose any information about the account status of those you refer.

Payment: Referral incentives of $50 for both the referrer and the referred candidate will be paid within thirty (30) days following the ninety (90) day account status period, provided all qualifying accounts remain open and in good standing at the time of payout. Referrers can earn up to ten (10) referral incentives (totaling $500) per calendar year.

By participating in the referral program, the referred individual understands that the referrer will receive an incentive payment if the account qualifications are met, which may indicate that an account was opened and the program requirements were satisfied.

Bonuses are considered miscellaneous information, and may be reportable to you and the IRS on Form 1099-MISC. Employees of First Bank & Trust Co. are not eligible to participate in the program.

First Bank & Trust Co. reserves the right to modify, suspend, or terminate this program at any time.