Welcome to the Home of First
County High Trust!
Loans
We offer a variety of loans at FCHT:
- Small Loans: Up to $5.00
- Large Loans: Maximum of $500
Check Cashing
We offer free check cashing (with an FCHT savings account)
Saving Accounts
Open a savings account at FCHT, and enjoy various benefits:
- Free check cashing
- Interest rate of 2% monthly; 2.07% APY
- Maximum of $500
- Tax-free interest
Loans
- Only one loan at a time
- Interest rate of small loans: $.05 per $1.00 per day.
- Interest rate of large loans: 10% annually
- Past Day 10: no further interest, $.50 charge issued for all loans
- Large loans require an application. After submitting an application, it
will be reviewed for approval the following Wednesday at our Board Meeting
| Loan Amount |
Day 1 |
Day 2 |
Day 3 |
Day 4 |
Day 5 |
Day 6 |
Day 7 |
Day 8 |
Day 9 |
Day 10 |
Day 11 |
Day 12 |
| $1.00 |
$1.05 |
$1.10 |
$1.15 |
$1.20 |
$1.25 |
$1.30 |
$1.35 |
$1.40 |
$1.45 |
$1.50 |
$2.00 |
$2.00 |
| $2.00 |
$2.10 |
$2.20 |
$2.30 |
$2.40 |
$2.50 |
$2.60 |
$2.70 |
$2.80 |
$2.90 |
$3.00 |
$3.50 |
$3.50 |
| $3.00 |
$3.15 |
$3.30 |
$3.45 |
$3.60 |
$3.75 |
$3.90 |
$4.05 |
$4.20 |
$4.35 |
$4.50 |
$5.00 |
$5.00 |
| $4.00 |
$4.20 |
$4.40 |
$4.60 |
$4.80 |
$5.00 |
$5.20 |
$5.40 |
$5.60 |
$5.80 |
$6.00 |
$6.50 |
$6.50 |
| $5.00 |
$5.25 |
$5.50 |
$5.75 |
$6.00 |
$6.25 |
$6.50 |
$6.75 |
$7.00 |
$7.25 |
$7.50 |
$8.00 |
$8.00 |
Check Cashing
- Free check cashing, with an account
- Fee without account: Check amount < $25 = $.25
- Fee without account: Check amount > $25 = 1% of amount on check
- Over $50 needs approval
- Local checks only
- No cashing if a loan is out, unless it's being used to pay off loan
- Checks will not be cashed if designated for school fees
- Bad check policy: Fee = Cash amount of check + $5
Savings Accounts
- Free check cashing
- Interest rate of 2% monthly
- Minimum of $5
- Maximum of $500
First County High Trust is located in the lobby of Daviess County High School.
Operating hours are during 3rd block, Monday-Friday, except on Wednesday.
For questions about First County High Trust, please contact
Ms. Revlett