Savings Accounts

Savings Accounts

First Bank & Trust

NOW Accounts

Requirements:

  • Minimum balance to open–$1,500.
  • Minimum balance to earn interest–$1,500.

Benefits:

  • Interest accrued daily and paid monthly to account.
  • Interest rate tiered.
  • First tier–$1,500 to $2,499.99, interest paid at base rate.
  • Second tier–$2,500 to $4,999.99, interest paid at base rate plus .25%.
  • Third tier–$5,000 and above, interest paid at base rate plus .50%.
  • ATM/Debit Card available ($1 per card per month).

First Money Fund

Requirements:

  • Minimum balance to open $2,500.
  • Minimum balance to earn interest–$2,500.

Benefits:

  • Interest accrued daily and paid monthly to account.
  • Check images returned with statement.

Savings Account

Requirements:

  • Minimum balance to open–$100.
  • No minimum balance for minors under age 18.

Benefits:

  • Interest accrued daily and paid quarterly to account.
  • No service charge for minors under age 18.

Certificates of Deposit

Requirements:

  • Minimum balance to open–$500.

Benefits:

  • Insured by the F.D.I.C.
  • Interest bearing time deposit which can be tailored to meet your needs.
  • Interest can be paid monthly, quarterly, or yearly and paid to you by check, compounded to certificate of deposit, or paid to another account.
  • Term of deposit can be from three (3) months to five (5) years.
  • Contact our new accounts department to inquire about current rates.

Please visit www.fdic.gov for information concerning FDIC insurance coverage.