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.

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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

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Earn More with Interest-Bearing Checking Accounts An interest-bearing checking account offers the interest accumulation of savings accounts with the withdrawal and check-writing ease of checking accounts. This best-of-both-worlds combination allows bank customers to accrue some interest on their balance while only needing to meet some minimum requirements. First Bank’s Interest-Bearing Checking Accounts The money in your checking account is yours and earning interest on it matters. At First Bank, we offer three types of checking accounts (two personal and one business) that accrue interest when the minimum balance is maintained. Each is uniquely designed to meet the needs of our many different customers. Interest-Bearing Personal Checking Accounts Everywhere Plus. Our Everywhere Plus account comes with free online and mobile banking, free online bill pay, and free paper or electronic statements. Everywhere Plus customers also have a credit card rewards program for eligible card. Everywhere Premium. The Everywhere Premium account includes all the basics of the Everywhere Plus level while also granting unlimited out-of-network ATM transactions with no First Bank fees, free member checks or 50% off other check designs, and four free official checks per statement cycle. Interest-Bearing Checking Account for Businesses With our Business Interest account, business owners enjoy: 250 free transactions per month Cash or coin deposits of up to $10,000 every month at no charge Rewards benefits with an eligible credit card Free 24-hour telephone banking Online and mobile banking Contact your local branch and get started with an interest-bearing checking account today. Is an Interest-Bearing Account Right for Me? According to the Las Vegas Review-Journal, interest-earning checking accounts are typically good for people who: Carry large account balances Spend less than they earn Keep a stockpile of cash or funds Are retired and want a higher-interest product than most of today’s investment accounts Pay attention to their finances and can meet the criteria needed to open an interest-earning checking account For a related article, visit: High Interest Checking Accounts – North Carolina While First Bank does not charge for mobile banking, your mobile carrier’s message and data rates may apply. The First Bank Digital Banking Apps are available for select mobile and tablet devices. There is no charge from First Bank, but message and data rates may apply. Must enroll in First Bank Online Banking and download the First 3 min read

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Best Savings Account Rates – Wilmington, NC

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Types of Savings Accounts at First Bank

Open a Savings Account with First Bank

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