Bank Index
First Option Bank
Bank · Osawatomie, United States · overall 5.0 / 10
How this 5.0 is built
Average of 6 scored needs: 5.0. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.
First Option Bank is recorded in the global register as a bank in Osawatomie, United States. The register shows its licence as licensed. Total assets 0.82 bn USD at 2026-06-30. It reports 10 offices. Established 1923. Collected from open registers.
- Legal name
- First Option Bank
- Licence confirmed
- yes, on a regulator's own list
- Established
- 1923
- LEI
- 254900IHGFQJY2WUC891
- Website
- firstoptionbank.com
Scores, 0 to 10
6.0United States
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.5Financial strength & stability
· source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Lowest fees
The bank's own page names a monthly account charge, and per-item pricing on top of it. Transfer and card prices were not read on that page, so this score speaks only for the monthly charge. It reads: “Public Funds You are a publicly-funded organization or agency $100 $5.00 monthly service charge if $500 minimum balance is not maintained$0.15 per item fee after first 25 checks 25 free checks per month (ACH transactions” · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.