Banking Bank Reviews

Anstaff Bank Review [2025]: For Arkansas Residents

Anstaff Bank offers checking and savings accounts and other financial products. It has 13 locations, all in Arkansas.

Edited by Yahia Barakah, CEPF

Updated Sept. 3, 2024

Anstaff Bank provides various financial products and services, but you can only find its locations in Arkansas. Since it's such a location-specific bank, we can't recommend Anstaff as a viable option for most people.

If you live in Arkansas, it's hard to tell if the available products are any good since Anstaff doesn't publish its annual percentage yield (APY) rates for most of its interest-bearing accounts.

Let's explore our Anstaff Bank review to see what Anstaff has to offer compared to its competitors.

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SoFi Checking and Savings

5.0

Learn More on SoFi's secure website, Member FDIC

Bonus Offer

Up to $300

Minimum Opening Balance

Monthly Fee

Why We Like It

Earn a $50 or $300 bonus and up to 4.30% APY¹ New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 1/31/2026. Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC.SoFi members with Eligible Direct Deposit can earn 3.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.60% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 11/12/25. There is no minimum balance requirement. Fees may reduce earnings. Additional information can be found at<a href="http://www.sofi.com/legal/banking-rate-sheet" >http://www.sofi.com/legal/banking-rate-sheet</a>. on your money with eligible direct deposit
Limited-Time Offer: +0.70% Boost on Savings APY for 6 months on new accounts with eligible Direct Deposit. Terms Apply.² Earn up to 4.30% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.60% APY as of 11/12/25) for up to 6 months. Open a new SoFi Checking and Savings account and pay the $10 SoFi Plus subscription every 30 days OR receive eligible direct deposits OR qualifying deposits of $5,000 every 31 days by 1/31/26. Rates variable, subject to change. Terms apply at <a href="https://www.sofi.com/banking/#2">sofi.com/banking#2</a>. SoFi Bank, N.A. Member FDIC.
No account, overdraft, or monthly fees³ We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incoming wire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Checking & Savings Fee Sheet for details at <a href="http://sofi.com/legal/banking-fees/">sofi.com/legal/banking-fees/</a>
Get your paycheck up to two days early with direct deposit⁴ Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.
Access additional FDIC insurance up to $3 million⁵ SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at <a href="http://sofi.com/banking/fdic/sidpterms">SoFi.com/banking/fdic/sidpterms</a>. See list of participating banks at <a href="http://sofi.com/banking/fdic/participatingbanks">SoFi.com/banking/fdic/participatingbanks</a>.

Learn More on SoFi's secure website, Member FDIC

In this Anstaff Bank review

Key takeaways
Anstaff Bank overview
Anstaff Bank checking accounts
Anstaff Bank savings accounts
Additional Anstaff Bank products
What we like about Anstaff Bank
What Anstaff Bank could improve
Who is Anstaff Bank best for?
How to open an account with Anstaff Bank
Alternatives to Anstaff Bank
FAQ about Anstaff Bank
Anstaff Bank review: bottom line

Key takeaways

Anstaff is a brick-and-mortar bank based in Arkansas with 13 office locations. Because of this small footprint, we don't recommend Anstaff to most people.
Some of its financial products include checking accounts, savings accounts, CDs, IRAs, credit cards, debit cards, health savings accounts, and loans.
Anstaff doesn't advertise its annual percentage yield (APY) rates for applicable interest-bearing accounts. You may need to contact the bank to learn about its current rates.

Anstaff Bank overview

Pros

Offers various financial products, including bank accounts, CDs, IRAs, and loans
Has a highly rated mobile apps on App Store and Google Play
Has options for checking accounts with no monthly service charges

Cons

You have to request the current APY rate for most interest-bearing accounts
Has branches only in Arkansas

Anstaff Bank, formerly known as First National Bank, was founded in Arkansas in 1931. Over 90 years later, it continues serving customers in Arkansas with 13 in-person locations. Anstaff Bank has around 150 employees and about $800 million in assets.

Anstaff doesn't have any real footprint outside of Arkansas, so opening an account with this bank likely only makes sense if you live in The Natural State. Compare this to the best checking accounts, which are typically available nationwide.

Anstaff Bank checking accounts

Checking account	Description	Minimum to open	Monthly maintenance fee
Traditional Checking	Basic checking with unlimited transactions	$50	$0
Privileges Checking	Account with two free stop payments per year, cell phone protection, and $10,000 accidental death insurance	$100	$6
Interest Checking	Interest-bearing account if your minimum daily balance is $1,000 or more	$100	$10 ($0 with a $1,000 minimum daily balance)
Advantage Plus Checking	Interest-bearing account with ten free money orders per month and a free box of checks per year (must be 55 or older)	$100	$0
Rewards Checking	Interest-bearing account with unlimited transactions and ATM fee refunds	$100	$0

We think the Traditional Checking account makes sense if you want a simple account for handling daily expenses. It doesn't have many additional benefits, but you get unlimited transactions, and there aren't any minimum balance requirements after the $50 minimum opening deposit.

If checks and money orders are important to you and you're at least 55, the Advantage Plus Checking seems like a no-brainer. It also has the added benefit of earning interest on your stored funds.

Our favorite all-around option is Rewards Checking because it earns interest, doesn't have minimum balance requirements after the opening $100 deposit, and you get all ATM fees refunded up to $20.

If you don't want to deal with monthly maintenance fees, avoid the Privileges Checking and Interest Checking options.

Anstaff Bank savings accounts

Savings account	Description	Minimum to open	Monthly maintenance fee
Traditional Savings	Basic savings with interest that compounds quarterly	$100	$3 ($0 with a $100 minimum balance or if you're under 18)
Money Market Savings	Money market account with interest based on balance tiers	$2,500	$10 ($0 with a $2,500 minimum balance)
Penny Pig Savings	Account with prize incentives (must be 10 or younger)	$1	$0
Christmas Club	Account with interest that compounds for an annual term	$1	$0

The Traditional Savings account is the go-to option if you want a secure place to store your money. But it's unclear whether this account has a good APY because Anstaff doesn't list its interest rates for most of its accounts.

We don't think the Money Market Savings account is a great deal because you need to deposit at least $2,500 and keep that same amount as a minimum balance if you want to avoid a monthly service charge. There are plenty of other options available with less strict minimum balance requirements. Learn more in our list of the best money market accounts.

We like how the Penny Pig Savings account provides an option that could get kids interested in saving money.

Anstaff doesn't list interest rates for the Christmas Club account and charges $5 per withdrawal ahead of the holiday season. So while it could help you keep money aside with a maturity date around the holiday season, your money might grow more in a high-yield savings account.

Additional Anstaff Bank products

Anstaff also offers CDs, IRAs, health savings accounts, credit cards, debit cards, loans, and business financial products.

Certificates of deposit (CDs)

You must deposit at least $500 to open a CD with Anstaff.
Available CDs range in term from 90 days to five years.
There are penalties for withdrawals made before the full terms of CDs.
Anstaff doesn't list its CD rates.

Individual retirement accounts (IRAs)

You must deposit at least $25 to open an IRA with Anstaff.
There's no monthly maintenance fee.
You can make unlimited deposits up to the annual limit defined by the Internal Revenue Service (IRS).

Health savings accounts (HSAs)

You must deposit at least $25 to open an HSA with Anstaff.
There's no monthly maintenance fee.
You can choose between individual and family plans.
You can receive a free debit card.
These are interest-bearing accounts, but Anstaff doesn't list its HSA rates.

Credit and debit cards

Anstaff offers both credit and debit cards. Anstaff credit cards have a $50 annual fee, variable credit limits, and online account access. Anstaff debit cards have worldwide ATM access and use the Visa card network.

Loans

Anstaff provides these types of loans:

Auto
Recreational vehicle
Real estate
Mortgage

Business financial products

Anstaff offers the following types of financial products for small business owners:

Business checking accounts
Business savings accounts
Business money market accounts
Business CDs
Merchant services
Business loans
Business credit and debit cards

What we like about Anstaff Bank

Various financial products: You can choose from both personal and business financial products, including checking and savings accounts, loans, and credit cards.
Proven track record: Anstaff has been in business for over 90 years.
In-person locations: There are 13 Anstaff offices located throughout Arkansas.
Highly rated mobile apps: The Anstaff Mobile Banking app has a 4.9 rating out of 5 on the App Store and a 4.6 out of 5 rating on Google Play.

What Anstaff Bank could improve

Small footprint: Anstaff is currently only located in Arkansas.
APY rates availability: Anstaff doesn't list APY rates for most of its interest-bearing accounts. That makes it difficult to quickly compare Anstaff accounts versus bank accounts from competitors. For clear APY rates, check out our list of the best savings accounts.

Who is Anstaff Bank best for?

Anstaff makes sense if you live in an area in Arkansas served by an Anstaff Bank office location. Since Anstaff locations are only found in this state, it doesn't make much sense to use this bank if you live in a different state.

Anstaff has online banking if you want to manage your money or pay bills online, but you have to go to an in-person location to open an account.

Without listing the APY of most of its interest-bearing accounts, it's hard to tell whether Anstaff Bank is worth using at all. That by itself might be a sign that Anstaff caters more to in-person interactions than online banking experiences.

How to open an account with Anstaff Bank

To open an account with Anstaff, you need to fill out an account inquiry form or visit an in-person branch. The online account inquiry form lets you express your interest in a personal checking, personal savings, business checking, or business savings account.

Here's how to get started with the account inquiry form:

Navigate to the account inquiry page on the Anstaff Bank website.
Fill out your information, including your name, address, email address, and phone number.

Select the type(s) of accounts you're interested in and submit your inquiry.

Keep in mind that filling out this form is an inquiry and doesn't necessarily mean you'll be approved for an account with Anstaff. If you would rather speak to an Anstaff representative directly, visit a branch location or call 1-800-445-5745.

Alternatives to Anstaff Bank

Chase

J.P. Morgan Chase is the largest bank in the U.S. by assets. With this type of size and reach, you can expect high-class financial products and services, including checking and savings accounts that you can access from anywhere with online banking.

Visit Chase

…or read our full Chase Bank review.

SoFi®

SoFi Checking and Savings¹ New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 1/31/2026. Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC.SoFi members with Eligible Direct Deposit can earn 3.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.60% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 11/12/25. There is no minimum balance requirement. Fees may reduce earnings. Additional information can be found at<a href="http://www.sofi.com/legal/banking-rate-sheet" >http://www.sofi.com/legal/banking-rate-sheet</a>. accounts provide competitive interest rates, offering up to 3.60% APY⁶ Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 11/12/25. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information can be found at <a href="https://www.sofi.com/legal/banking-rate-sheet">https://www.sofi.com/legal/banking-rate-sheet</a> with direct deposit. Plus, there are no monthly maintenance fees, no minimum deposit to open an account, and you can receive up to $3 million in FDIC insurance. SoFi is a Member, FDIC⁵ SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at <a href="http://sofi.com/banking/fdic/sidpterms">SoFi.com/banking/fdic/sidpterms</a>. See list of participating banks at <a href="http://sofi.com/banking/fdic/participatingbanks">SoFi.com/banking/fdic/participatingbanks</a>. .

Visit SoFi®

…or read our full SoFi® review.

4.6

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2025 award winner Best Checking and Savings Combo

SoFi Checking & Savings - Earn Up to $300 When You Set Up Direct Deposit

Limited-Time Offer: Earn a $50 or $300 bonus and up to 4.30% APY on Savings (3.60% APY¹with +0.70% APY Boost) for 6 Months on new accounts with eligible direct deposit. Terms Apply.² FDIC Insured.⁵

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Enjoy $300 as a new Chase checking customer

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FAQ about Anstaff Bank

How can I contact Anstaff Bank's customer support?

You can call Anstaff Bank customer service at 1-800-445-5745. Alternatively, you can call a specific branch location or fill out the online support form on the Anstaff Contact Us page. Anstaff also has social media pages on Facebook, Instagram, and X (previously Twitter).

Where is Anstaff Bank located?

The Anstaff Bank main office is located at 100 First National Avenue in Green Forest, Arkansas. You can also find Anstaff offices in 12 other locations across Arkansas, including Berryville, Harrison, Jasper, Huntsville, Kingston, Flippin, Mountain Home, and Norfork.

Is Anstaff Bank FDIC insured?

Yes, Anstaff Bank is a Member FDIC. This means that your deposits with Anstaff are insured by the Federal Deposit Insurance Corporation for up to $250,000 per depositor.

Anstaff Bank review: bottom line

As a bank with locations only in Arkansas, we don't recommend Anstaff for most people. And since Anstaff doesn't provide much APY information for its accounts, we can't definitively say whether it would be a good option for Arkansas residents to check out.

However, there are plenty of other excellent options available that don't have similar location restrictions or vague product information. Check out our recommendations for the best banks.

More from FinanceBuzz:

Learn More

5.0

2025 award winner Best Checking and Savings Combo

High APY of up to 4.30% on Savings (3.60% APY¹ with +0.70% APY Boost) for 6 Months on new accounts with eligible direct deposit. Terms Apply.²

Paycheck access up to 2 days early with direct deposit⁴

No monthly maintenance or overdraft fees³

Streamlined savings and savings goals with Vaults

Access to a large ATM network¹¹