First State Financial Profile
First State Financial Corporation operates as the bank holding company for First State Bank, which provides retail and commercial banking services to individuals, and small and medium-sized businesses in the west central region of Florida. The company primarily engages in generating deposits and originating loans.
First State Bank offers safe deposit boxes, wire transfers, direct deposit of payroll and social security payments, night depository, travelers’ checks, banking by mail, and the Internet services. It conducts commercial and consumer banking business, which primarily consists of attracting deposits from the areas served by it offices and using those deposits, together with funds derived from other sources, to originate various commercial, consumer, and real estate loans, including commercial loans collateralized by real estate.
Deposits
The company's deposit products include certificates of deposit, checking and other demand deposits, NOW accounts, savings accounts, and money market accounts. The transaction accounts and time certificates are modified to the principal market areas. It also offers ATM cards through membership in the STAR and CIRRUS ATM networks.
History
First State Financial Corporation was founded in 1988.
