Make your money work harder for you. Put your savings plan into action with First Bank's deposit accounts.
Effective: September 22, 2020
| Checking | Rate | Annual Percentage Yield (APY) |
|---|---|---|
| Workplace Checking | 0.05% | 0.05% |
Minimum opening deposit is $100. A $9.95 monthly fee will be waived if either of the following occur during your monthly account statement period: 25 or more posted debit card transactions OR maintain an average account balance of $1,500 or more.
| Money Market | Rate | Annual Percentage Yield (APY) |
|---|---|---|
| Workplace Money Market | 0.13% | 0.13% |
Minimum opening deposit is $100. Must have an open and active Workplace Checking account with recurring direct deposit of $500 or more and enrolled in eStatements on all accounts.
| CDs/IRAs (Minimum $1,000; Up to $499,999) | Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 7 - 29 Days | 0.05% | 0.05% |
| 30 - 89 Days | 0.05% | 0.05% |
| 3 Month | 0.05% | 0.05% |
| 6 Month | 0.10% | 0.10% |
| 7 Month | 0.10% | 0.10% |
| 12 Month | 0.15% | 0.15% |
| 18 Month | 0.15% | 0.15% |
| 24 Month | 0.20% | 0.20% |
| 30 Month | 0.25% | 0.25% |
| 36 Month | 0.35% | 0.35% |
| 37 Month | 0.35% | 0.35% |
| 48 Month | 0.45% | 0.45% |
| 60 Month | 0.50% | 0.50% |
| 18 Month Variable Rate* IRA | 0.30% | 0.30% |
Early withdrawal penalty may be imposed.
*Rates may change after account is opened.
| Promo CDs/IRA (Minimum $1,000; Up to $499,999) | Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 13 Month | 0.50% | 0.50% |
| 23 Month | 0.20% | 0.20% |
| Interest Checking | Balance Tiers | Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| First Plus/Thrive | $0 - 4,999 | 0.01% | 0.01% |
| First Plus/Thrive | $5,000+ | 0.01% | 0.01% |
| First Performance Checking | $0 - 25,000 | 3.00% | 3.04% |
| First Performance Checking | $25,001+ | 0.10% | 0.10% |
| Legacy | 0.01% | 0.01% | |
| First Premier | 0.01% | 0.01% |
| Savings & Money Market | Balance Tiers | Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| Statement/Thrive Savings | 0.025% | 0.025% | |
| Health Savings Account | $0 -$4,999 | 0.03% | 0.03% |
| Health Savings Account | $5,000+ | 0.03% | 0.03% |
| Performance Money Market | $0 - 2,499 | 0.02% | 0.02% |
| Performance Money Market | $2,500 - 9,999 | 0.02% | 0.02% |
| Performance Money Market | $10,000 - 24,999 | 0.03% | 0.03% |
| Performance Money Market | $25,000 - 49,999 | 0.03% | 0.03% |
| Performance Money Market | $50,000+ | 0.05% | 0.05% |
| Kids Cash | $0-500 | 5.00% | 5.12% |
| Kids Cash | $501+ | 0.03% | 0.03% |
| CDs/IRAs (Minimum $1,000; Up to $499,999) | Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 7 - 29 Days | 0.05% | 0.05% |
| 30 - 89 Days | 0.05% | 0.05% |
| 3 Month | 0.05% | 0.05% |
| 6 Month | 0.10% | 0.10% |
| 7 Month | 0.10% | 0.10% |
| 12 Month | 0.15% | 0.15% |
| 18 Month | 0.15% | 0.15% |
| 24 Month | 0.20% | 0.20% |
| 30 Month | 0.25% | 0.25% |
| 36 Month | 0.35% | 0.35% |
| 37 Month | 0.35% | 0.35% |
| 48 Month | 0.45% | 0.45% |
| 60 Month | 0.50% | 0.50% |
| 18 month Variable Rate* IRA | 0.30% | 0.30% |
*Rates may change after account is opened.
| Bump Rate CDs/IRAs (Not Available for New Accounts) | Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 18 Month | 0.15% | 0.15% |
| 36 Month | 0.30% | 0.30% |
| Promo CDs/IRA (Minimum $1,000; Up to $499,999) | Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 13 Month | 0.50% | 0.50% |
| Interest Checking | Balance Tiers | Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| First Plus/Thrive | $0 - 4,999 | 0.01% | 0.01% |
| First Plus/Thrive | $5,000+ | 0.01% | 0.01% |
| Legacy | 0.01% | 0.01% | |
| First Premier | 0.01% | 0.01% | |
| First Performance Checking | $0 - 25,000 | 3.00% | 3.04% |
| First Performance Checking | $25,001+ | 0.10% | 0.10% |
| Savings & Money Market | Balance Tiers | Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| Statement/Thrive Savings | 0.025% | 0.025% | |
| Health Savings Account | $0 -$4,999 | 0.03% | 0.03% |
| Health Savings Account | $5,000+ | 0.03% | 0.03% |
| Performance Money Market | $0 - 2,499 | 0.02% | 0.02% |
| Performance Money Market | $2,500 - 9,999 | 0.02% | 0.02% |
| Performance Money Market | $10,000 - 24,999 | 0.03% | 0.03% |
| Performance Money Market | $25,000 - 49,999 | 0.03% | 0.03% |
| Performance Money Market | $50,000+ | 0.05% | 0.05% |
| Kids Cash | $0-500 | 5.00% | 5.12% |
| Kids Cash | $501+ | 0.03% | 0.03% |
| CDs/IRAs (Minimum $1,000; Up to $499,999) | Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 7 - 29 Days | 0.05% | 0.05% |
| 30 - 89 Days | 0.05% | 0.05% |
| 3 Month | 0.05% | 0.05% |
| 6 Month | 0.10% | 0.10% |
| 7 Month | 0.10% | 0.10% |
| 12 Month | 0.15% | 0.15% |
| 18 Month | 0.15% | 0.15% |
| 24 Month | 0.20% | 0.20% |
| 30 Month | 0.25% | 0.25% |
| 36 Month | 0.35% | 0.35% |
| 37 Month | 0.35% | 0.35% |
| 48 Month | 0.45% | 0.45% |
| 60 Month | 0.50% | 0.50% |
| 18 month Variable Rate* IRA | 0.30% | 0.30% |
*Rates may change after account is opened.
| Bump Rate CDs/IRAs (Not Available for New Accounts) | Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 18 Month | 0.15% | 0.15% |
| 36 Month | 0.30% | 0.30% |
| Promo CDs/IRA (Minimum $1,000; Up to $499,999) | Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 13 Month | 0.50% | 0.50% |
| Interest Checking | Balance Tiers | Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| First Plus/Thrive | $0 - 4,999 | 0.01% | 0.01% |
| First Plus/Thrive | $5,000+ | 0.01% | 0.01% |
| Legacy | 0.01% | 0.01% | |
| First Premier | 0.01% | 0.01% | |
| First Performance Checking | $0 - 25,000 | 3.00% | 3.04% |
| First Performance Checking | $25,001+ | 0.10% | 0.10% |
| Savings & Money Market | Balance Tiers | Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| Statement/Thrive Savings | 0.025% | 0.025% | |
| Health Savings Account | $0 -$4,999 | 0.03% | 0.03% |
| Health Savings Account | $5,000+ | 0.03% | 0.03% |
| Performance Money Market | $0 - 2,499 | 0.02% | 0.02% |
| Performance Money Market | $2,500 - 9,999 | 0.02% | 0.02% |
| Performance Money Market | $10,000 - 24,999 | 0.03% | 0.03% |
| Performance Money Market | $25,000 - 49,999 | 0.03% | 0.03% |
| Performance Money Market | $50,000+ | 0.05% | 0.05% |
| Kids Cash | $0-500 | 5.00% | 5.12% |
| Kids Cash | $501+ | 0.03% | 0.03% |
| CDs/IRAs (Minimum $1,000; Up to $499,999) | Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 7 - 29 Days | 0.05% | 0.05% |
| 30 - 89 Days | 0.05% | 0.05% |
| 3 Month | 0.05% | 0.05% |
| 6 Month | 0.10% | 0.10% |
| 7 Month | 0.10% | 0.10% |
| 12 Month | 0.15% | 0.15% |
| 18 Month | 0.15% | 0.15% |
| 24 Month | 0.20% | 0.20% |
| 30 Month | 0.25% | 0.25% |
| 36 Month | 0.35% | 0.35% |
| 37 Month | 0.35% | 0.35% |
| 48 Month | 0.45% | 0.45% |
| 60 Month | 0.50% | 0.50% |
| 18 month Variable Rate* IRA | 0.30% | 0.30% |
*Rates may change after account is opened.
| Bump Rate CDs/IRAs (Not Available for New Accounts) | Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 18 Month | 0.15% | 0.15% |
| 36 Month | 0.30% | 0.30% |
| Promo CDs/IRA (Minimum $1,000; Up to $499,999) | Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 13 Month | .50% | .50% |
| Interest Checking | Balance Tiers | Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| First Plus/Thrive | $0 - 4,999 | 0.01% | 0.01% |
| First Plus/Thrive | $5,000+ | 0.01% | 0.01% |
| Legacy | 0.01% | 0.01% | |
| First Premier | 0.01% | 0.01% | |
| First Performance Checking | $0 - 25,000 | 3.00% | 3.04% |
| First Performance Checking | $25,001+ | 0.10% | 0.10% |
| Savings & Money Market | Balance Tiers | Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| Statement/Thrive Savings | 0.025% | 0.025% | |
| Health Savings Account | $0 -$4,999 | 0.03% | 0.03% |
| Health Savings Account | $5,000+ | 0.03% | 0.03% |
| Performance Money Market | $0 - 2,499 | 0.02% | 0.02% |
| Performance Money Market | $2,500 - 9,999 | 0.02% | 0.02% |
| Performance Money Market | $10,000 - 24,999 | 0.03% | 0.03% |
| Performance Money Market | $25,000 - 49,999 | 0.03% | 0.03% |
| Performance Money Market | $50,000+ | 0.05% | 0.05% |
| Kids Cash | $0-500 | 5.00% | 5.12% |
| Kids Cash | $501+ | 0.03% | 0.03% |
| CDs/IRAs (Minimum $1,000; Up to $499,999) | Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 7 - 29 Days | 0.05% | 0.05% |
| 30 - 89 Days | 0.05% | 0.05% |
| 3 Month | 0.05% | 0.05% |
| 6 Month | 0.10% | 0.10% |
| 7 Month | 0.10% | 0.10% |
| 12 Month | 0.15% | 0.15% |
| 18 Month | 0.15% | 0.15% |
| 24 Month | 0.20% | 0.20% |
| 30 Month | 0.25% | 0.25% |
| 36 Month | 0.35% | 0.35% |
| 37 Month | 0.35% | 0.35% |
| 48 Month | 0.45% | 0.45% |
| 60 Month | 0.50% | 0.50% |
| 18 month Variable Rate* IRA | 0.30% | 0.30% |
*Rates may change after account is opened.
| Bump Rate CDs/IRAs (Not Available for New Accounts) | Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 18 Month | 0.15% | 0.15% |
| 36 Month | 0.30% | 0.30% |
| Promo CDs/IRA (Minimum $1,000; Up to $499,999) | Rate | Annual Percentage Yield (APY) |
|---|---|---|
| 13 Month | 0.50% | 0.50% |
Interest rates (Rate) & Annual Percentage Yields (APY) are effective as of the above date at this branch only and are determined by management. Minimum to open and obtain the APY for CD's is stated above. Rates & APYs available on personal & business CD's up to $499,999. APYs stated for CD's assume that interest remains on deposit until maturity. For checking, savings and money market accounts, rates are subject to change at any time after account opening without notice, and have a $100 minimum to open ($25 for Student and Thrive Checking) and no minimum balance required to earn stated APY. Interest will be compounded and credited monthly for checking, money market accounts and Statement Savings. If an account is closed before the accrued interest is credited, then that interest will not be paid.
The daily-balance method is used to calculate the interest on your account. This method applies one daily periodic rate to the entire end of day principal in the account daily. Kids Cash and Performance Checking apply the daily periodic rate on each tier. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (for example checks). For CD's/IRA's, interest begins to accrue from the date of deposit.
Fees may reduce earnings. Transactions must post to account in order to be included in the current month's statement period. Monthly fees may trigger advances from your First Bank Preferred Credit line or overdraft transfer services you have established.
Average account balance for First Choice Checking is determined by adding the balance at the end of each calendar day during the statement period, up to, but not including the day the statement is produced and dividing the sum by the number of days in the statement period. Combined deposit balances include the actual balance in the account(s) on the day that the First Choice Checking statement is produced. Combined balances require at least one owner on each of the combined accounts. Eligible deposit accounts include all consumer checking, savings, money markets, CDs and IRAs at First Bank.