Personal Savings

Simple Money Management: Your Savings and Money Market Options

How much can you afford to save each month? Learn about our Savings Estimator

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 Black and Gold Money Markets 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	Minor Savings	Black and Gold Money Market

Account Overview
Offers a high rate savings account for personal or business needs	Help your kids learn to save with a no monthly fee savings account for minors under age 18	Combines competitive rates with liquidity you need
Features and Benefits
Earns interest on the daily balance Interest is paid quarterly Interest tiers are: Under $2,500 $2,500 to $9,999 $10,000 or more Combined statements available	Earns interest on the daily balance Interest is paid quarterly	Account is tiered and offers higher rates as balances increase Interest tiers are: Under $25,000 $25,000 to $99,999 $100,000 or more Earns interest on the daily balance Interest is paid monthly Access by check, ATM or Online Banking
Balance Required to Avoid a Service Charge
$200 or more	None	$5,000 or more
Monthly service charge
$3, if the balance drops below the requirement If your account has over three (3) withdrawals per month, each excessive withdrawal is $2 each This is a limited transaction account¹	No monthly service charge for minors under age 18	$20, if the balance drops below the requirement If your account has over six (6) limited transactions in a statement cycle, there is a fee of $15 each Unlimited transactions include deposits, in-person withdrawals or transfers at a teller and ATM transactions This is a limited transaction account¹
opening amount
$50	$50	$5,000 or more in new funds

¹ Federal banking regulations limit the number of transactions (withdrawals or transfers) that can be made on a Money Market deposit account (MMDA) or savings account during a monthly statement cycle. You may have six (6) pre-authorized transfers to your accounts or third parties during any statement cycle. If you routinely exceed this limit, we may choose to close your account.

For a complete description of our service charges and fees, please review our Personal Fee Schedule.