Compare Savings Accounts – Pinehurst, NC

To find just the right savings account, you must ask yourself what you need. First Bank makes it easy to compare savings accounts in Pinehurst, North Carolina, and has a suitable option for every individual requirement.

Our savings account comparison chart allows you to see our options side-by-side and provides an easy way of comparing our different accounts. But you might also find yourself suited to a particular savings account based on your answers to some of the following fundamental questions.

Comparing Savings Accounts | FAQ

Are you thinking long-term?

If you’re looking to boost long-term financial stability, you may want to consider a CD, IRA or Money Market account. These are all great ways of taking advantage of interest rates to earn money by saving money.

Do you have current or anticipated health care expenses?

If you have large health care costs that stretch outside the limits of your insurance, you may want to consider a Health Savings Account (HSA). You may be able to use your account earnings for qualified medical expenses tax-free.

Are you under the age of 18?

First Bank has a child savings account for customers under the age of 18. With only a $10 deposit, a child can begin saving their money, earning interest and learning money management skills that will last a lifetime.

Are you operating a business?

First Bank’s business savings accounts lets you put away your business revenue to earn interest and save for a rainy day.

Do you just want the basics?

We have a basic savings account for anyone looking for all the fundamentals without all the bells and whistles.

Visit First Bank Today

First Bank has several locations in Pinehurst, NC for our customers to start saving money today. Compare savings accounts yourself or speak to one of our friendly associates at one of our Pinehurst branches.

Investment and Insurance Products are NOT Bank Deposits, NOT FDIC-Insured, HAVE NO Bank Guarantee, NOT Insured by any Federal Government Agency, May Go Down in Value .

Share:

You may be interested in...

The Taxman Cometh Do you have a stack of forms sitting on your counter that you’re dreading sorting through? If so, you might have FOTM, or Fear of the Tax Man. It can often hit around February or March, and is incredibly common. One way of dealing with FOTM is by getting your finances ready so that when it comes time to file, you feel a little better. Here are our tips and to-dos to help you prepare. Start Early (If You Can) Ideally, you’ve already started this process, but if you’re reading this and haven’t started pulling your tax information together, don’t panic. Keep it together: Make sure you keep all the tax documents you receive together so they’re easy to find and reference when it’s time to file. If you are getting help preparing your taxes, this will also make the process much smoother. If you have a business, make sure you keep those expenses separate. Review your filing status: Your filing status can affect how much you owe in taxes each year, and whether or not you have to file at all. If you’re unsure about your filing status, the IRS has a tool for helping you figure it out. Look back at last year’s return: Think about what areas (if any) were frustrating or caused you trouble. Prepare ahead of time this year for how you might make it easier for yourself. Deduce your deductibles: Track your charitable donations, childcare expenses, any home improvements you made, and any other deductibles you may have. You can use our mobile or online banking to help track these. Get it done. Whether you file on your own or use a tax preparer, make sure you get everything in by July 15 or file an extension! Check out the IRS tips page for links and articles that may further help and guide you. Remember, FOTM is real, but if you’re prepared, you can alleviate the fear. Please note, First Bank does not offer direct tax advice. We recommend you speak to a professional if you have any questions about preparing your personal or business tax forms. 2 min read

Personal Finance Tips for Beginners Reading personal finance tips is a great way to start thinking about your budget and saving for the future. If you’re just beginning to think about your financial future and retirement, there are a number of things you should consider. Check out these tips and start saving today! Money-Saving Tips from the Experts Not sure where to start? Here are some personal finance tips for beginners: Pay Attention to Interest Rates — Pay off high-interest loans first, so that you’re not paying more than necessary in the long run. Also, open a savings account with the best interest rate, and make your money work for you. Create a Budget — Look at all your monthly expenses and divide them into needs vs. wants. Determine what you can do without, but don’t cut out all of the fun things you enjoy. It’s important to leave yourself some room for a concert or dinner out every now and then. However, you can probably cut out recurring things that aren’t essential and can be quite expensive, such as cable or a gym membership. Set Aside a Reasonable Percentage for Savings — Financial experts recommend allocating 20% of your income towards savings. You can do this by following the famous 50/20/30 rule of budgeting. If you can follow this rule, you’ll be able to build an emergency fund, pay off your consumer debts, and kickstart a retirement savings. Create Financial Goals — When do you want to have your credit card debt paid off? How much will you need to pay per month to reach that goal? Having clear financial goals will keep you motivated and hold you accountable to proactively paying off your debts. This also applies to saving a certain amount each month towards your retirement goal. Always Match Your Company’s Contribution to Your 401k/IRA — If your company is willing to match your contribution, take full advantage of it. You’ll thank yourself when you’re able to retire later in life. Need Help Managing Your Personal Finances? For more information and tips on managing your personal finances, contact an advisor at your local First Bank* branch. Together, we’ll help you reach your financial goals. 2 min read

Simplifying the Home Buying Process The home buying process can be daunting, especially for first-timers. When should I start looking? How much do I need for a downpayment? Fear not! We've got you covered. 1 min read

What is Financial Abuse? Key Aspects of Financial Abuse Financial abuse is a hidden but devastating form of control that often leaves victims economically trapped and vulnerable. It can happen in any type of relationship, whether it’s between partners, family members, or caregivers and their dependents. By understanding the tactics used by abusers and the steps to regain financial independence, victims and their supporters can take meaningful action to break free and rebuild their lives. Control and Restriction One of the primary tactics of financial abuse is restricting the victim’s access to financial resources. The abuser may withhold money or enforce a strict allowance, limiting the victim’s ability to spend freely. They might restrict access to bank accounts, credit cards, or cash, ensuring complete financial dependency. In many cases, victims are required to justify every expense, creating a climate of fear and uncertainty around financial decisions. Additionally, abusers may steal or control their victim’s identification documents like their driver’s license and social security card as well as important papers like marriage and divorce documents, birth certificates, and mortgage or property documents—with the goal of opening accounts in the victims name without their knowledge. By controlling their victim’s financial access and identification, the abuser reinforces their dominance, making it increasingly difficult for the victim to assert independence. This lack of financial freedom can leave victims feeling trapped, with few options to break free from the abuse. Exploitation of Resources Financial abuse often involves the direct exploitation of their victim’s financial resources for the abuser’s personal gain. This can include unauthorized use of the victim’s credit cards or assets, leading to mounting debt in their name. Some abusers force their partners to cover all household expenses while contributing little or nothing themselves. In more severe cases, victims may be coerced into accumulating debt under their own name, leaving them financially burdened long after the relationship ends. These tactics create significant financial hardship, making it even more difficult for victims to escape the abusive situation. Sabotage of Economic Independence Many abusers deliberately work to prevent their victims from achieving financial independence. They may prohibit them from working or pursuing educational opportunities, limiting career advancement and personal growth. Even when victims manage to secure employment, abusers often sabotage their job performance by causing disruptions, harassing them at work, or withholding essential resources such as transportation or childcare. In some cases, abusers also hide or misrepresent joint assets, ensuring that their victims remain unaware of their true financial standing. By keeping their victim economically dependent, the abuser strengthens their control, reducing the victim’s ability to leave the relationship and start anew. Financial Secrecy and Isolation Secrecy and economic isolation are also common tactics in financial abuse. Abusers may conceal important financial information, such as income, debts, or household expenses, leaving the victim completely in the dark about their financial situation. In addition to withholding financial knowledge, abusers often restrict interactions with family and friends who could provide financial assistance or guidance. This isolation ensures that the victim has no financial safety net, making it even harder to seek help or escape the abusive situation. Post-Separation Abuse In relationships, financial abuse does not always end when the relationship does. Many abusers continue using financial tactics to exert control over their victims even after separation. They may prolong divorce proceedings to increase legal costs and drain the victim’s resources. Refusing to pay child support or alimony is another way abusers cause financial distress, making it difficult for survivors to maintain stability. Some even manipulate shared assets or debts to create ongoing financial hardship. These post-separation struggles can make it incredibly challenging for survivors to rebuild their lives. Recognizing and Addressing Financial Abuse Financial abuse is often an invisible form of control that can have long-term effects on a victim’s financial stability and emotional well-being. Recognizing the signs and taking action is essential. Here are some steps that can help: Educate yourself and others: Awareness is the first step toward addressing financial abuse. Learning about its signs can help victims recognize when they are being manipulated. Reach out for support: Support networks, including friends, family, and domestic violence organizations, can offer critical assistance in navigating financial abuse. The National Domestic Violence Hotline is a free, confidential and 24/7 resource that offers tools and support to help survivors of domestic violence. Seek professional advice: Financial counselors, domestic violence advocates, and legal professionals can provide guidance on regaining financial control. Open a separate bank account: If possible, setting up an independent bank account can help create a financial escape plan. Document financial abuse: Keeping records of financial transactions, unauthorized debts, and hidden assets can be valuable in legal proceedings. Breaking the Cycle of Financial Abuse By understanding its various forms, recognizing its signs, and taking proactive steps, survivors of financial abuse can regain financial independence and break free from abusive relationships. It is essential to continue raising awareness and advocating for stronger protections against financial abuse to support those affected and prevent further harm. 5 min read

Compare Savings Accounts – Pinehurst, NC

Ready to talk to an expert?

Comparing Savings Accounts | FAQ

Visit First Bank Today

Ready to talk to an expert?

You may be interested in...