Checking & Savings Rates
APY & Interest Rates Effective July 1, 2024
| Term | APY* | Interest Rate |
|---|---|---|
| First Checking**@ | 0.10 % | 0.10 % |
| Premier Rewards**@& | 3.04 % | 3.00 % |
| Statement Savings**~@ | 0.10 % | 0.10 % |
| Grow With Me Savings**~@ | 1.00 % | 1.00 % |
| Holiday Savings**+@ | 1.00 % | 1.00 % |
Money Market**^@
| Balance | APY* | Interest Rate |
|---|---|---|
| <$4,999.99 | 0.15 % | 0.15 % |
| $5,000 - $24,999.99 | 0.30 % | 0.30 % |
| $25,000 - $99,999.99 | 0.50 % | 0.50 % |
| $100,000.00 - 249,999.99 | 0.75 % | 0.75 % |
| $250,000.00 and Above | 1.00 % | 1.00 % |
*APY - Annual Percentage Yield
**Variable Rate Account - The rate may change after the account is opened
@ Sales Tax will be charged on the service charge total
& Annual Percentage Yield effective as of July 1, 2024. Must maintain daily balance of $2,000. or more during statement cycle. Balance $0.01. to $20,000: Rate of 3.00% (3.04% APY). Balance of $20,000.01 or more: Rate of 0.1% (0.1% APY). If qualifications are not met, the interest rate will be 0.01% (0.01% APY) on entire balance and ATM fees will not be credited to your account.
~ $2.00 excess withdrawal service charge for each debit in excess of 6 per payment cycle
^ $5.00 excess withdrawal service charge for each debit in excess of 6 per payment cycle
+ During any month, you may make no more the 0 withdrawals or transfers to another account of yours or to a third party by any means without penalty. $5.00 excess withdrawal service charge will be charged for each debit in excess of zero (0).
Fees may reduce earnings
**Variable Rate Account - The rate may change after the account is opened
@ Sales Tax will be charged on the service charge total
& Annual Percentage Yield effective as of July 1, 2024. Must maintain daily balance of $2,000. or more during statement cycle. Balance $0.01. to $20,000: Rate of 3.00% (3.04% APY). Balance of $20,000.01 or more: Rate of 0.1% (0.1% APY). If qualifications are not met, the interest rate will be 0.01% (0.01% APY) on entire balance and ATM fees will not be credited to your account.
~ $2.00 excess withdrawal service charge for each debit in excess of 6 per payment cycle
^ $5.00 excess withdrawal service charge for each debit in excess of 6 per payment cycle
+ During any month, you may make no more the 0 withdrawals or transfers to another account of yours or to a third party by any means without penalty. $5.00 excess withdrawal service charge will be charged for each debit in excess of zero (0).
Fees may reduce earnings
Accounts and rates offered through First Bank available in our service areas of Bremer, Black Hawk, Chickasaw, Wright and surrounding counties in Iowa.