Best Savings Account Rates In Florence, SC

If you want to save money, there are plenty of ways to do it. You can put your money into an IRA, CD, the stock market, or other financial tool. However, you can also put your money into a simple savings account. With some of the best savings account rates, First Bank can grow your money at a pace competitive to other investments. In Florence, SC, there are two First Bank locations with flexible savings accounts that will allow you to sit back and enjoy your new savings.

Benefits of a Savings Account

Some of the benefits of a savings account, as highlighted by Bank Rate, include:

Earn interest with no risk. While you can lose everything in the stock market, a savings account is a safe way to steadily grow your money and if you take advantage of the best savings account rates you can find, you can grow it faster than you think.
Withdraw at any time. Unlike some other long-term investments, a savings account allows you to withdraw money at any time at your local branch.
Low investment required. While CDs and other investments often require bulky initial deposits, First Bank lets you capitalize on some of the best savings account rates for as little as $50.
FDIC insured. First Bank is FDIC insured so you can rest knowing your money is in good hands.
Chance to avoid monthly maintenance fees. First Bank’s savings accounts come with various ways of avoiding monthly maintenance fees.*

Open a Savings Account Today

Check out First Bank’s savings accounts where you can compare our Florence, SC, accounts side-by-side and visit a branch to open one today.

Withdrawal fee of $2 each after the first two during the month for Everywhere Savings and MyFirst Savings. Withdrawal fee of $15 each after the first six free during the month for Money Market. Federal regulations limit withdrawals of 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. Account holders may avoid the Monthly Maintenance Fee by meeting any of the requirements listed in the Keep if 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, which is also available at your local branch.

———

Sources:

Investopedia: http://www.investopedia.com/terms/i/interest.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186

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/f/fdic.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...

Get Stress-Free Banking in NC with a Savings Account at First Bank We can likely agree that complicated savings accounts aren’t fun to deal with. Hidden costs and technicalities can cause unwanted anxiety and stress. That’s why First Bank has a number of stress-free savings accounts in North Carolina. Open a Stress-Free Savings Account with First Bank While other banks cause headaches for their customers, here’s how First Bank provides a breath of fresh air with Everywhere Savings, our most basic and stress-free savings account: Ability to avoid monthly maintenance fees. By simply maintaining at least a $300 daily balance you can avoid any monthly maintenance fees.* No minimum balance to earn interest. Accumulate interest so if your balance takes a dip, your future doesn’t have to. Free online and mobile banking. You won’t accrue any First Bank fees for accessing your account from a smartphone or tablet.** Free monthly statements. Receive paper or emailed statements each month free of charge. Free account alerts. First Bank won’t charge you for phone call, text message or email notifications alerting you of your account activity. Free withdrawals. Utilize two free withdrawals per month from your Everywhere Savings account.*** The Convenience of a Stress-Free Savings Account Charges and fees are just one way of depositing stress into a savings account. At First Bank, we eliminate stress through our convenience. With over 100 locations in North Carolina and South Carolina, we provide the knowledge and resources you need to make big financial decisions. Open a savings account today by visiting one of our North Carolina locations. *Account holders may avoid the Monthly Maintenance Fee by meeting any of the requirements listed in the Keep it Fee FreeTM section of the account summary table for their account type. Other account service fees may apply as described in the Account Services Fee Schedule available on our website at fees or at your local branch. **While First Bank does not charge for mobile banking, your mobile carrier’s message and data rates may apply. ——— Sources: Investopedia: http://www.investopedia.com/terms/i/interest.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186 ***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 3 min read

Hold That Line: Protect Yourself from Credit Card Fraud We asked our skilled team of fraud detection experts in the BankCard department for the best steps to follow if you receive an unexpected but somewhat convincing call about fraud on your card. 2 min read

Financial Institution: Definition and What to Look For The definition of a financial institution typically describes an establishment that completes and facilitates monetary transactions, such as loans, mortgages, and deposits. Financial institutions are a place where consumers can effectively manage earnings and develop financial footing. Consumers can make an informed choice when choosing a bank to keep their money by knowing the core features of financial institutions. What to Look for in a Financial Institution Financial institutions facilitate some of life’s biggest events. When choosing a place to keep your money, it is important to make sure the bank meets certain criteria. Here are some key features to look for when you select a bank: Online Banking — The convenience of being able to access your bank accounts from anywhere isn’t something you should overlook. Look for a bank that offers online banking, as well as mobile banking and tablet banking. High Yield Accounts — High yield checking and savings accounts are a great way to get more for your money. If earning interest is important to you, choose a bank that offers high yield options and competitive rates. Accessible ATMs — When you’re on the go you need to have access to cash as you need it. That is why choosing a bank with accessible ATMs and reasonable ATM fees is important. Great Customer Service — When you have a question about your account, you want to speak with a bank representative that is friendly and helpful. A great bank will have friendly representatives ready to help you in any way possible. Reasonable Fees — Some banks charge multiple fees — such as ATM fees, withdrawal fees, and monthly maintenance fees — just for using their services. Check to see if the fees your bank charges sound reasonable, or if they provide ways to avoid fees altogether. FDIC Insurance — You work hard to earn your money, so you want to make sure it is safe at the bank you choose. Look for banks that are members of the Federal Deposit Insurance Corporation (FDIC). The FDIC will insure the money in your deposit accounts up to a certain amount. These Features and More From First Bank* First Bank strives to provide you with these key features and 3 min read

5 Reasons to Consider a Home Equity Line of Credit (HELOC) Your home is your most valuable asset and investment. A home equity line of credit can provide many benefits for those with good credit and a chunk of their mortgage paid off. 2 min read

Best Savings Account Rates In Florence, SC

Ready to talk to an expert?

Benefits of a Savings Account

Open a Savings Account Today

Ready to talk to an expert?

You may be interested in...