Skip to main content
Find Your Local Branch
Back
Scroll to top

Savings Account Interest Rates – Asheville, NC

Personal Finances 2 min read

Ready to talk to an expert?

Find A Location Get In Touch

If you’re looking to save for your future, First Bank is here to help. A savings account can be a useful tool for planned future projects, as well as a means of preparedness for unexpected expenses. We offer some of the best savings account rates in Asheville, NC, to prepare you for your future. Now that you know there’s a great community resource like First Bank, you may be asking, “What could I need a savings account for?”

Why You Need a Savings Account

Here are a few reasons why it would be a good idea to open a savings account:

College – Asheville is home to the University of North Carolina at Asheville, one of the nation’s top public liberal arts universities. Saving for college is always a good idea, and First Bank has different options to get you started.

Retirement – Asheville, NC, is repeatedly ranked as one of the best places to retire. Whether you’re ready to hike the mountains or just relax with the surrounding scenery, First Banks’ savings account interest rates can help you get there.

Medical Expenses – It is always a good idea to have a savings account dedicated to covering the costs of medical expenses, whether they are planned or unplanned.

You don’t always need a specific reason for saving your hard-earned cash. Having extra funds when you need them will always be a good thing. First Bank offers 6 types of savings options to meet your needs:

  • Everywhere Savings
  • MyFirst Savings
  • Money Market
  • CDs
  • IRAs
  • Health Savings Accounts (HSAs)

We also have saving options available for business owners. Read more about our multiple savings account options, so you can decide which one is best for you.

Learn More About First Bank’s Savings Account Interest Rates

Our savings account interest rates aren’t found online because rates can vary, and our team wants to make sure that you get the best rate available at the time. To learn more about savings account interest rates at First Bank, call or visit one of our 13 Asheville, NC-area locations.

———-

Sources:

UNC-A: https://www.unca.edu/facts-and-figures

Ready to talk to an expert?

Find A Location Get In Touch
Share:

You may be interested in...

Four Different Types of Services | Banking A bank’s job is to provide customers with financial services that help people better manage their lives. As technology advances and competition increases, banks are offering different types of services to stay current and attract customers. Whether you are opening your first bank account or have managed a checking account for years, it helps to know the different types of banking services available. This ensures you get the most out of your current financial institution. Deciding which services are most important can lead you to the bank that best fits your needs. Different Types of Services | Bank Accounts Individual Banking—Banks typically offer a variety of services to assist individuals in managing their finances, including: Checking accounts Savings accounts Debit & credit cards Wealth management Business Banking—Most banks offer financial services for business owners who need to differentiate professional and personal finances. Different types of business banking services include: Business loans Checking accounts Savings accounts Debit and credit cards Merchant services (credit card processing, reconciliation and reporting, check collection) Treasury services (payroll services, deposit services, etc.) Digital Banking—The ability to manage your finances online from your computer, tablet, or smartphone is becoming more and more important to consumers. Banks will typically offer digital banking services that include: Online, mobile, and tablet banking Mobile check deposit Text alerts eStatements Online bill pay Loans—Loans are a common banking service offered, and they come in all shapes and sizes. Some common types of loans that banks provide include: Personal loans Auto and boat loans Home equity lines of credit Home loans Business loans Better Banking Services from First Bank If your current financial institution doesn’t offer the services mentioned above, you may not be getting the best banking service possible. At First Bank, we are dedicated to helping our customers get the most out of their money. That is why we offer different types of banking services to meet a variety of needs. To learn more about our banking services, visit your local branch today. *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 ——— Sources: http://www.stockmonkeys.com/what-services-do-modern-banks-offer-4BTIGOI3/ Business http://www.cbsnews.com/news/smart-phones-are-revolutionizing-consumer-banking-habits/ https://localfirstbank.com/locations 2 min read
Learn Where to Get Short-Term Personal Loans Today Wondering where to get a short-term personal loan? At First Bank, we offer a selection of loan products that can help you conveniently pay off unexpected expenses or large investments in a shorter period of time. Visit your nearest First Bank branch today to get started. Personal Lending Options at First Bank First Bank offers several personal lending options and lines of credit to help customers pay off big expenses, such as car repairs, doctor’s bills, or unexpected expenses. There are loan officers available at all our branch locations to help you find the right option for your financing needs. In addition, the First Bank Platinum Credit Card with Rewards not only helps you finance your large expenses, but you can also earn rewards.* Benefits include: Every $1 spent on qualified purchases earns 1 point towards your rewards. 24-hour convenient access to your account. Online tools to help you manage your account. Credit card statements are available to download. Easily pay your bills online. Customer service available online. Zero liability for unauthorized purchases. Protection from fraudulent use with MasterCard SecureCode. 26-day grace period for no interest fee. Apply for a Short-Term Personal Loan at First Bank Since 1935, First Bank has worked with communities in North Carolina and South Carolina to lend a helping hand when it comes to financing. With our wide selection of personal and business products, we work to meet the needs of our neighbors with the selection of products you expect from a national bank at the convenience of your local community. For more information on where to get short-term personal loans, visit your nearest First Bank branch today. *Loans subject to credit approval. See our Terms and Conditions for complete details on our One Rewards Program. MasterCard, Debit MasterCard and the MasterCard brand marks are trademarks of MasterCard International Incorporated. ——— Source: About: http://credit.about.com/od/avoidingdebt/a/basics-of-personal-loans.htm 2 min read
a wolf in sheep's clothing works at a scam Can You Spot a Scam? Can you spot a scam? Most people are confident that they can tell the difference between fact and fiction, but the truth is that it isn’t always easy to fend off fraud. Want to test your knowledge? Click through the scenario below and think about whether it’s a helpful notice from your bank or if it might be a scam. Read on to find out the answer! Is this your bank... or is it fraud? 1) Your phone rings. Caller ID shows the number as your local bank. 2) You pick up the phone. The caller addresses you by name and seems to be familiar with your bank account number, address, and transaction history. 3) They warn you of possible fraud on your account. The caller asks if you're familiar with several recent transactions and reassures you that they'll help you protect your account. 4) They ask you to confirm your identity. Before the caller can help, they ask you to verify your identity by sharing the last 4 digits of your debit card or a one-time passcode. So... what do you think? Is the person on the phone a cunning fraudster or an honest banker? How to fight fraud and find red flags In the scenario above, the call is probably a scam. But the caller’s familiarity with your personal details may cause you to drop your guard long enough for them to retrieve your Secure Access Code (SAC) or a one-time code texted to your phone. They may use that code to change the password of your bank account, letting them in and locking you out, or to add your card to their digital wallet, which lets them use your card to make unauthorized purchases. It’s important to know that First Bank will never ask you for information like a one-time passcode if we’re the ones reaching out to you. Here are some other common red flags to look out for… Keep an eye out for these common tricks: Unexpected calls or messages, even if they look official. If you get any kind of communication claiming to be from First Bank — or another trusted source — stop and think about whether it might be fraud before responding. Caller ID and emails are easily faked. Pressure to act fast. Scammers often create a false sense of urgency to keep you from calmly thinking things through. They may claim that your account is at risk or that you owe money on a debt. Remember that legitimate businesses are unlikely to rush you. Requests for sensitive information. While we may send you a one-time code to verify your identity after you call us, remember that a First Bank employee will never reach out to you and then ask for your one-time passcode, PIN, or password. ` Being told not to contact your bank. Fraudsters may say that your local branch is under investigation for misconduct or that your usual banker isn’t available. Don’t be afraid to hang up and call a trusted number to confirm whether there’s really a problem. Unusual payment methods. If you’re ever asked to pay with a gift card, wire money to a specific account, or use a payment app, stop and call your local bank. Cryptocurrency and large cash withdrawals are also common. Scammers prefer payments like these because they’re hard to trace, and it’s often impossible to recover stolen funds. Learn more about financial fraud If you suspect a scam, here’s what to do. Need to make a quick decision in the heat of the moment? Remember these important fraud protection tips: ✅ Always double-check the details ✅ Stop and think through the situation ✅ Keep your private information secure ✅ Talk to someone you trust — like your local bank ✅ Only make payments through familiar platforms ✅ Don’t be afraid to trust your intuition And remember — fraudsters don’t only go after regular folks. They target business accountholders, too. Keep an eye out for invoices from unfamiliar vendors, urgent payment requests, unusual payroll changes, and spoofed emails. Some business accounts, like First Bank’s Business Elite, offer built-in treasury tools and fraud protection. 5 min read
Compare Checking Accounts at North Carolina Banks You’re likely already aware of the importance of performing a checking account comparison before making a final decision. It can be difficult to navigate the many options and select the account that offers the most benefits. You should start your comparison by looking at the features you consider most important. Comparing a Checking Account Checking account features, fees, and requirements can all be very different. When trying to decide among various account options, try looking for a few specific things, such as: Demographics—A lot of checking accounts are designed to meet the needs of certain age groups, such as teens, college students, and senior citizens. These accounts often offer special features or benefits that other account holders do not receive. Fees—Many checking accounts charge a monthly fee, but they also often provide ways to waive the monthly fee, like using direct deposit or maintaining a minimum monthly balance. Mobile banking—If you like to have access to your accounts through mobile device, you’ll want to look for a checking account that comes with a free mobile banking app. Checking Account Comparison at First Bank If you live in North Carolina and are looking for a checking account that meets all of your needs, visit your local First Bank*. We have more than 70 locations across the Tar Heel state, and we offer a variety of checking accounts that feature benefits, including: Free online and mobile banking** Ways to keep your account fee free*** Specialized accounts for college students and seniors over the age of 55 Contact a First Bank Specialist Today If you need help deciding which account is right for you, you can use our online checking account comparison tool, or contact your local branch to learn more. **While First Bank does not charge for mobile banking, your mobile carrier’s message and data rates may apply. ***Account holders may avoid the Monthly Maintenance Fee by meeting any of the requirements listed in the Keep it Fee Free™ section of the account summary table for their account type. Other account service fees may apply as described in the Account Services Fee Schedule, also available at your local branch. 2 min read
First Bank logo
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognizing you when you return to our website and helping our team to understand which sections of the website are the most popular and useful.