Personal Savings

Simple Money Management: Your Savings and Money Market Options

First Bank and Trust offers multiple options for simple money management. Our Preferred Savings account makes it easier to save for a new computer or a new vehicle. Plus, you have flexible access via teller, ATM or Online Banking. With a Minor Savings account there is no monthly fee for minors under age 18. If you need check access, look into our Money Market accounts.

Having a Savings account with us can make it less stressful to handle those unexpected bumps in the road (you can even link your savings to your checking for overdraft protection). Don’t forget to pay yourself first and set up an automatic transfer from your checking account to your savings so you set aside funds routinely.

It’s easy to open an account; make your selection today.

Savings and Money Market Choices

Preferred Savings High Yield Money Market Black and Gold Money Market
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Account Overview
Offers a high rate savings account for personal or business needs. Minimum opening deposit of $50,000 not currently on deposit with First Bank and Trust is requied. Combines competitive rates with the liquidity you need.
Features and Benefits
Earns interest on the daily balance

Interest tiers are:

  • Under $2,500
  • $2,500 to $9,999.99
  • $10,000 or more

Interest is paid quarterly

Interest is paid on all balances you maintain in your account.

Account is tiered and offers a highly competitive rate for balances in the upper tier.

Interest tiers are:

  • Under $50,000
  • $50,000 and above

Interest is earned on the daily balance

Interest is paid quarterly

Access by check, ATM or online banking

Account is tiers and offers higher rates as your balances increase.

Interest tiers are:

  • Under $25,000
  • $25,000 to $99,999.99
  • $100,000 or more

Interest is earned on the daily balance

Interest is paid quarterly

Access by check, ATM or online banking

Balance Required to Avoid a Service Charge
$200 or more No service charge is assessed on this account $5,000 or more
Monthly service charge
$3.00 if the balance drops below the minimum balance requirement

If your account has over three (3) withdrawals per month, each excessive withdrawal is assessed a fee of $2.00 each

This is a limited transaction account1


$3.00 paper statement fee. Avoid this fee by enrolling in and receiving eStatments

There is no monthly service chage on this account

If your account has over six (6) lmited transactions in a statement cycle, there is a fee of $15 for each transaction over the allowable limits

This is a limited transaction account

Unlimited transactions that are allowed include deposits, in-person wihtdrawals or transfers at the teller line and ATM transactions.

$3.00 paper statement fee. Avoid this fee by enrolling in and receiving eStatments

A monthly fee of $20 is assessed if the balance falls below $5,000

If your account has over six (6) lmited transactions in a statement cycle, there is a fee of $15 for each transaction over the allowable limits

This is a limited transaction account

Unlimited transactions that are allowed include deposits, in-person wihtdrawals or transfers at the teller line and ATM transactions.

$3.00 paper statement fee. Avoid this fee by enrolling in and receiving eStatments

All new accounts are subject to approval, including credit approval. All accounts are sujbect to applicable Terms and Conditions provided in your New Account disclosures.

By federal law, Money Market and Savings Accounts are limited transaction accounts. Money Market accounts are limited to a total of six (6) withdrawals per month by check, pre-authorized transfer, telephone, Online banking, or wire transfer in your statement cycle. Transactions at the teller line or ATM are unlimited. Repeated withdrawals exceeding the six (6) allowed may require us to close the account and re-open it into a checking account that offers unlimited transactions.