FNBO Direct Checking Review: See If This Account Will Work For You

Online-only banks offer interest rates and no fees.

When you’re thinking about opening a checking account, you might want to consider FNBO Direct, an online-only subsidiary of First National Bank of Omaha. FNBO is the largest privately owned bank holding company in the US and is committed to providing account holders with top-notch customer service. The cornerstones of its philosophy are integrity in every interaction, respect for its employees, customers and shareholders, and passion for all that it does.

Finding the right checking account can help you better pay your bills on time or start saving towards your financial goals for this year. Whatever your objectives are for this year, FNBO Direct’s free online checking account can help you get there.

Why FNBO Direct?

Open a checking account at FNBO Direct and enjoy tons of perks. Your money will earn interest, and you’ll pay no hidden fees. Here’s what else you’ll get with an FNBO Direct checking account:

  • 0.65% APY
  • No monthly service fees
  • Free online banking
  • Account alerts
  • Free FNBO Direct Visa debit card
  • 24/7 access to more than 2 million ATMs
  • One overdraft forgiveness per year
  • Free person-to-person payments with Popmoney
  • Free debit card fraud monitoring, incoming wires and stop payments
  • Free bill pay and the ability to set up recurring payments

FNBO checking account interest rates are great for an online-only bank. At this time, Ally Bank pays only 0.10% APY on minimum daily balances less than $15,000 and 0.60% on balances of $15,000 and above. Additionally, First Internet Bank’s interest checking account pays only 0.55% APY — and you get that only when you maintain an average daily balance of $500 or more.

Related: Banks and Credit Unions That Offer Free Checking Accounts

FNBO Direct Checking Account Pros and Cons:

Like most things, an FNBO Direct checking account has pros and cons. Check them out, and see if an FNBO Direct checking account is for you.


  • Account earns 0.65% APY
  • No monthly fees
  • One overdraft forgiveness per year


  • No face-to-face transactions with online-only banks
  • Only one type of checking account available

Will Your Online Checking Account Be Insured?

FNBO Direct is a member of FDIC, which means your accounts are insured for up to $250,000. Your account balances will be combined for insurance coverage purposes if you have accounts at both First National Bank of Omaha and FNBO Direct.

How to Apply for an FNBO Direct Checking Account

You can apply for an FNBO Direct online checking account — or savings account — from the comfort of your home. The online application will take only a few minutes to complete, and you should receive a decision within two business days of completing your application.

Make sure you have the following information readily available (a co-applicant, if applicable, will need to provide the same information):

  • Your Social Security number
  • Your driver’s license or DMV ID card
  • Employment information: employer name, address and phone
  • Information about any loans or mortgages you currently have FNBO Online Savings Account: High APY and No Minimum Balance Requirement
  • Current bank account and routing numbers to make an initial deposit

You can open an account with just $1. In addition, FNBO Direct checking accounts require no minimum balances.

FNBO’s Customer Service

You can access your FNBO Direct checking account 24/7 by visiting the website and signing into your account. You also have a number of other ways to contact the bank. You can email customer service and get a guaranteed answer within 24 hours. You can also speak to a customer service representative on the phone by calling 877-370-3707 — the lines are open 24 hours a day, seven days a week.

Up Next: FNBO Online Savings Account  High APY and No Minimum Balance Requirement

As far as online banking accounts go, FNBO Direct can compete with the best. Although it doesn’t offer many types of accounts, its checking and savings are straightforward, easy to use, free and bear interest. In case you’re worried about banking online, read some other FNBO Direct reviews, then make an informed decision about where to keep your hard-earned money.

About the Author

Barri Segal has 20+ years of experience in the publishing and advertising industries. Writing and editing for all styles, genres, mediums, and audiences, Barri’s strong ability to recruit, hire, train, and motivate winning teams of writers and production professionals has led to consistent career progression. She has a Bachelor of Arts in English from Temple University in Philadelphia, Pennsylvania, and has engaged in a wide variety of continuing education courses in writing and literature.