Savings
Let First State Bank put your money to work for you! Whether
you’re saving for a rainy day, college tuition
or retirement, First State Bank has a savings account
for you. You can choose from several accounts, each
tailored to your specific needs. Open a savings account
today and start saving for tomorrow. Click
for calculator.
Personal Savings Our Regular
Savings account allows you to maintain access to your
funds while earning interest at a competitive rate.
A minimum $100.00 deposit is required to open this type
of account. With the Regular Savings you can make three
free withdrawals each quarter. Withdrawals in excess
of three per quarter carry a $2.00 per withdrawal service
charge. Keep an average available balance of $200.00
or more, and we’ll waive the quarterly service
charge of $6.00. Click
for comparison chart.
50+Savings Whether you want to
put savings away for your grandchildren, your next vacation
or anything that falls in between, the Senior Savings
account is perfect for seniors age 50 and older. Customers
can start saving today with a $100.00 minimum deposit
and enjoy the privilege of not paying a monthly fee.
That’s right. There is no monthly service charge
on our Senior Savings account. Click
for comparison chart.
Minor Savings You’re never
too young to learn the importance of saving! Our Minor
Savings account is designed to do exactly that, help
those younger than 18 years learn the importance of
saving money. Instead of spending allowance and paychecks
at the mall, minors can save it with First State Bank.
By keeping your money in a Minor Savings account, funds
will always be here for that special purchase. Minor
Savings accounts require no minimum balance
to open, with a parent or guardian co-signing
on the account. Only the authorized parent or guardian
is allowed to withdraw funds for the child. Quarterly
service charges do not apply to the Minor Savings account. Click
for comparison chart.
Money Market Account The First
State Bank Money Market account allows customers to
earn higher interest rates while maintaining liquidity.
Requiring an initial $100.00
minimum deposit, the Money Market account allows customers
three free checks and three free drafts per month, after
which a $10.00
per item fee applies. If the average available balance
remains at $2,500.00 or more, the $10.00 per month service
charge is waived. Take advantage of interest rates and
earn more in less time with the First State Bank Money
Market account. Click for comparison
chart.
First Preferred Savings The First
Preferred Savings account is designed to reward our
customers who consistently maintain higher balances
in their savings account. Open a First Preferred Savings
account with a $2,500.00 minimum deposit and begin earning
interest immediately. Based on a tiered rate schedule,
this account allows four free monthly withdrawals, after
which a $1.00 fee per withdrawal applies. If the average
available balance remains $2,500.00 or more, the $10.00
per month service charge is waived. Click
for comparison chart.