Whether you have been a saver for many years, or someone who is just getting started with a savings plan, we have an account for you!
Take a look at the account features and highlights of our Savings Accounts listed below.
If you are a current customer of First Bank, you can open a new account online right now, using Open Anywhere!
The process is quick and easy and should take you about 10 minutes. We’ll walk you through it step by step.*
Are you new to First Bank and want to open an account? Complete the Personal Account Application form and one of our Personal Bankers will be in touch with you soon!
*To open an account, the applicant must be at least 18 years of age and an existing customer of First Bank , who can complete a W-9.
Savings Accounts
| Account Features |
Statement Savings**~@
|
Grow With Me Savings**~@ | Money Market**@^ | Holiday Savings**@+ |
| Minimum Open Deposit | $0.01 | $0.01 | $0.01 | $0.01 |
| Service Charge |
$1/Monthly Statement Cycle if avg. daily
balance falls below $100
|
None | $5/Monthly Statement Cycle if avg. daily balance falls below $100 | None |
| Interest Bearing | Yes | Yes | Yes | Yes |
| Free Checks | N/A | N/A | No | N/A |
Statement Savings**@
- Competitive Variable Interest Rate
- FREE Digital & Text Banking
- FREE e-Statements
- $1/ per monthly statement cycle if avg. daily balance falls below $100
- $2 excess withdrawal service charge for each debit in excess of 6 per month
Grow With Me Savings (Ages 10-21)**@~
- Competitive Interest Rate
- Birthday $5 Deposit
- Driver's Permit $5 Deposit (present your new Drivers Permit or License within 6 months of receiving the permit)
- FREE Digital & Text Banking
- FREE e-Statements
Grow With Me Savings (Ages Under 10)**@~
- Competitive Interest Rate
- Rewards for Savings Goals
- Birthday $5 Deposit
- FREE Digital & Text Banking
- FREE e-Statements
Money Market Savings**^@
- Competitive Interest Rate
- Tiered Interest Rate Calculation
- FREE Digital & Text Banking
- FREE e-Statements
- Checks Available Upon Request
- $5 per monthly statement cycle if average daily balance falls below $100
- $5 excess withdrawal service charge for each debit in excess of 6 per month
Holiday Savings Club**@+
Join the Club! First Bank's Holiday Savings offers you a savings program to help you make the holidays memorable! Automatic payments or transfers into the account will help you save for all the little and big expenses of the holidays! Ask your Personal Banker for more information.
** Variable Rate Account
@Sales Tax will be charged on the service charge total.
~During any month, you may make no more than six (6) withdrawals or transfers to another account of yours or to a third party by any means without penalty. $2.00 excess withdrawal service charge will be charged for each debit in excess of six (6).
^During any month, you may make no more than six (6) 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 six (6).
+ During any month, you may make no more than 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).
Accounts and rates offered through First Bank available in our service area in the state of Iowa includes counties of Bremer, Black Hawk, Wright and surrounding counties.