Savings Account Options

Savings Account Options

Meeting Your Financial Goals

First Bank has savings plans to meet all of your long- and short-term financial goals.  Whether you are growing your wealth, saving for a purchase, preparing for the expense of a child's college education or planning for a comfortable retirement, First Bank is here for you.  We offer high-yield savings options to suit any savings strategy.  Visit a branch today and find out how First Bank can help make your dreams a reality.      

   Statement Savings

A Simple Savings Plan
With Statement Savings, you can build a manageable savings plan and save for something specific, or put aside some money each month and watch your savings grow. With Overdraft Protection you can also use your savings balance to protect your checking account against overdraft charges.

   Performance Money Market

Earn More As Your Balance Grows
Whether you are looking for a liquid investment account, or saving for a large purchase, a Performance Money Market is a convenient and effective way to manage your money to meet your financial goals.

   Certificate of Deposit

Flexibility and Peace of Mind
A CD from First Bank offers flexibility so you can customize a savings plan that is best for you. With deposit amounts as low as $1,000 and terms ranging from seven days to five years, you can achieve any goal with the peace of mind of FDIC insurance and a fixed interest rate.1

Stop by a local branch (Find a First Bank Branch) or call our Client Contact Center at 800-760-2265 for current CD rates.

   Individual Retirement Account (IRA)

Retire In Comfort
First Bank makes it easy to build a nest egg for retirement with an Individual Retirement Account (IRA). Make contributions through out your working years and watch as your retirement goals become reality. We offer Traditional, Roth and SEP retirement plans to meet any investment strategy, with fixed and variable rate options and terms ranging from seven days to five years.

To learn more about IRAs visit Individual Retirement Plans. In addition to this information available through the Internal Revenue Service we recommend you consult with your financial advisor or meet with a First Bank representative who can answer specific questions regarding what retirement plan would best fit your needs.

   Coverdell Education

Help Fund A Child's Education
A Coverdell Education Savings Account is a trust or custodial account set up solely for paying qualified education expenses for the designated beneficiary of the account.

  • Open with as little as $100
  • Contribute as much as $2,000 annually per child
  • Distributions are tax free for qualified educational expenses
  • Contribution and distribution waivers available for special needs children
  • Can be used for tuition, fees, room, board, books, supplies and education-oriented computer technology and equipment

Important Disclosures

1 - Minimum of $1,000 deposit required for enrollment. We will mail you a pre-renewal notice on any CDs that are eligible for automatic renewal. For non-renewable CDs a final maturity notice will be mailed prior to the maturity date. There are substantial penalties for early withdrawal. If you want to change terms (e.g. make additional deposits, change the term, revise the interest payment method or payment frequency) on a renewing First Bank CD, complete the CD Reinvestment Request and bring your completed form into your nearest First Bank branch location.