Best Savings Account Rates – Wilmington, NC

From the historic mile-long Riverwalk to the miles of pristine beaches, Wilmington, NC, has many things to offer. You may be planning to attend college, buy a house, or even retire in Wilmington, but don’t have a savings plan that can help you reach those goals.

First Bank offers some of the best savings account rates and we are dedicated to helping you achieve financial security.

Types of Savings Accounts at First Bank

First Bank strives to offer our customers some of the best savings account rates, and we provide several types of accounts, including:

Everywhere Savings – Minimum of $50 to open

2 free withdrawals a month*
No minimum balance required to earn interest
Free mobile and online banking**
Free eStatements or paper statements

MyFirst Savings – For customers under 18; minimum of $10 to open

2 free withdrawals per month*
No minimum balance required to earn interest
Free mobile and online banking**
Free eStatements or paper statements

Money Market – Minimum of $1,000 to open; for customers looking for a long-term, high-yield savings account

6 free withdrawals per month*
Interest-earning account access
Free mobile and online banking**
Free eStatements or paper statements

We also offer certificates of deposit (CDs), IRAs, and Health Savings Accounts (HSAs) for more specific savings needs.

Open a Savings Account with First Bank

No matter what you’re saving for, First Bank offers some of the best savings account rates out there. Rates can vary depending on the type of account, and we want to make sure you are getting the best rates possible. If you want to find out more about First Bank’s savings account rates, call or visit a Wilmington, NC, location near you.

*Savings Account customer can make two free withdrawals per month. There is a $2 fee for each additional withdrawal. Money Market customers can make six (6) free withdrawals per month. For each excessive transaction during a statement cycle, there is a fee of $15. Federal regulations limit withdrawals or preauthorized transfers to six (6) per month, including checks, drafts, online transfers, telephone transfers and debit card purchases. You may conduct an unlimited number of withdrawals at the ATM, in person at a branch, or by mail when the check is mailed to you.

**While First Bank does not charge for mobile banking, check with your mobile service provider for web access fees. iPhone®, and iPod Touch® are registered trademarks of Apple, Inc. Android™ is a trademark of Google Inc. Compatibility notice: The First Bank mobile app is not currently compatible with iOS7, the new operating system for iPhone, iPad® and iPod Touch®. We are aware of the issue and are working on an update to address it. We apologize for any inconvenience.

———

Sources:

Wilmington N.C.: https://www.wilmingtonandbeaches.com/

Investopedia: http://www.investopedia.com/terms/c/certificateofdeposit.asp

Investopedia: http://www.investopedia.com/terms/i/ira.asp?lgl=rira-layout

Investopedia: http://www.investopedia.com/terms/h/hsa.asp

Share:

Sign up for our newsletter and be the first to know about new tips, insights, and products from First Bank.

First Bank may use this email address to contact you about products, services, and promotions.

You may be interested in...

How to Open a Checking Account – South Carolina If you are wondering how to open a checking account in South Carolina, your local First Bank can help. The first step is deciding what type of checking account is best for you. After choosing an account that fits your needs, you will need to visit one of our branches to fill out an application. Open a Checking Account at First Bank in South Carolina With several convenient locations in South Carolina, it is easy to choose a plan that works best for you. First Bank offers three comprehensive checking accounts, each with unique benefits. Everywhere Checking Free online and mobile banking, free online bill pay, and free eStatements or paper statements.* Open an account. Everywhere Plus Interest at a minimal balance requirement. Free online and mobile banking, free online bill pay, and free eStatements or paper statements.* Everywhere Premium No First Bank transaction fees on out-of-network ATM withdrawals. Free member checks or 50% off other check designs, plus 4 free official checks per statement cycle. Interest at a minimal balance requirement. Free online and mobile banking, free online bill pay, and free eStatements or paper statements.* Students and seniors (55+) can also enjoy the benefits of checking accounts designed to meet their specific needs with Campus Checking and Senior Checking, respectively. First Bank also has options for South Carolina businesses looking to open a checking account. Business owners can choose from three accounts that range from basic to premium. We also offer a Commercial Analysis account that is designed for large business that want a custom checking service. Open a First Bank Checking Account Today If you’re ready to open a personal checking account in one of our South Carolina branches, you can either click here to open an Everywhere Checking account online, or visit a local branch to learn more. Our established team of professionals in South Carolina are ready to help you choose the best account for you. For more information about First Bank, check out our related articles: Best Bank for Checking Account – South Carolina, Checking Account Comparison, or What Do I Need to Open a Checking Account. *While First Bank does not charge for mobile banking, your mobile carrier’s message and data rates may apply. The First Bank Digital Banking 3 min read

Smartphone with First Bank's MyMoney app running in online banking.

New Year, New Budget It’s a great time to make sure you have a solid budget in place and a good plan for how to move forward with your finances. 3 min read

Back to Budgeting Basics: Using Digital Tools to Ace Your Finances At First Bank, we have a range of powerful tools and techniques that will empower you to ace your finances. Let’s dive in and discover how these financial tools can help you excel in your journey to achieve financial wellness. It takes time and commitment to create and stick to a budget, but First Bank can help you with: Setting Your Budget Paying Your Bills on Time Staying on Track Setting Your Budget It can be difficult to set your budget if you aren’t keeping track of where you are spending money. Sure, you could be old school and maintain a register book, but we live in the age of technology. Why not find some digital tools to help you? MyMoney is a money management tool that helps you manage your budget, track your spending, and modify your payback plans for debts all in one space. First Bank ensures this tool is automatically integrated into your online banking and allows you to view your transactions by categories so you can easily track your spending and keep your budget organized. You can link accounts you have with other institutions so you have a full snapshot analysis of your financial patterns and have the full picture when you go to set your budget. Total Amount $1,578.64 Select to ViewTransactions Track your cashflow with MyMoney. Manage your budget, track your spending, and modify your payback plans for debts. Get Organized 4 min read

Staying Safe from Tax Scams We received the following very handy and timely article from the Multi-State Information Sharing and Analysis Center (MS-ISAC) in regards to staying safe during this season of numbers crunching and record keeping for taxes. As always, if you have any specific tax questions, be sure to consult a tax prep professional. Watch out for these scams Unfortunately, much of your personal information can be gathered from multiple locations online with almost no verification that the right person is receiving the information. Criminals know this and use the information to file a fake tax refund request! If a criminal files a tax return in your name before you do, they will file it with false information to get a large refund, forcing you to go through the arduous process of proving that you did not file the return and subsequently correcting the return. Once they have your personal information, criminals can continue to commit identity theft well beyond the tax season. Another favorite technique used by criminals during the tax season is sending phishing messages indicating that a new copy of your tax form(s) is available. These emails often impersonate state, local, tribal, and territorial government comptroller or IT departments. If you fill out or attempt to login into the phishing website, the criminals will be able to see your login name and password, which they can then use to try and compromise your other accounts. The more information they gather from you, the easier it is for them to use the information to file a fake tax return in your name. Lastly, tax fraudsters also impersonate the IRS and other tax officials to threaten taxpayers with penalties if they do not make an immediate payment. It is important to remember: The IRS will not initiate contact about payment with taxpayers by phone, email, text messages, or social media without sending an official letter in the mail first. The IRS will not call to demand immediate payment over the phone using a specific payment method such as a debit/credit card, a prepaid card, a gift card, or a wire transfer. The IRS will not threaten to immediately notify local police or other law-enforcement agencies to have you arrested for not paying. 4 min read

Best Savings Account Rates – Wilmington, NC

Ready to talk to an expert?

Types of Savings Accounts at First Bank

Open a Savings Account with First Bank

Ready to talk to an expert?

You may be interested in...