Skip to main content
_FB_2018-Icons-finalized-cleaned-up_new_FB_2018-Icons-finalized-cleaned-up_newGroup 9

Important Information: We’re here to help, click here for important information on our coronavirus response.

Back
Scroll to top

College Savings Account in Wilmington, NC

Whether you’re a parent looking to put away money for your child’s university tuition or a high school student trying to save some spending money for college, a savings account with First Bank in Wilmington, NC, can help you out. We have savings accounts catered to help you with your financial needs, as well as five Wilmington locations to serve you.

Types of Savings Accounts at First Bank

Our Everywhere Savings account allows you to earn interest with no minimum balance requirement and requires only a $50 initial deposit. This option is perfect for parents wishing to take advantage of competitive interest rates in order to build a platform for their child’s education. Everywhere Savings gives you use of CashPoints® ATMs with unlimited out-of-network ATM transactions with no First Bank fee*. You may also avoid the monthly maintenance fee* simply by keeping a $300 daily balance.

MyFirst Savings is open to customers under the age of 18 and is ideal for working high school students looking for a safe place to store their earnings. This account requires just $10 to open and earns interest on any balance. There is no monthly service charge associated with MyFirst Savings accounts.

Parents with young children might consider our high-yield Money Market account as a means of growing a college fund. Money Market accounts require a $1,000 initial deposit.

Savings Accounts Benefits

All of our First Bank college savings accounts feature:

  • Free withdrawals (two per month for Everywhere Savings and MyFirst Savings, and six per month for Money Market).*
  • Free online and mobile banking.*
  • Free eStatements or paper statements.
  • Free phone call, text message or email alerts notifying you of account activity.*

Campus Checking

In addition to our savings accounts, First Bank offers a Campus Checking account for students ages 16 to 25. Enjoy these benefits:

  • Easy transfers between First Bank accounts
  • No monthly maintenance fees
  • Secured card

Visit a Wilmington First Bank Today

Visit one of our Wilmington, NC, locations to meet with one of our experts and start those college savings.


*While First Bank does not charge for mobile banking, your mobile carrier’s message and data rates may apply. Withdrawal fee of $2 each after the first two during the month for Everywhere Savings. For Money Market, withdrawal fee of $15 each after the first six free during the month. Federal regulations limit withdrawals of preauthorized transfers to six (6) per month, including checks, drafts, online transfers, telephone transfers and debit card purchases. Federal regulations limit withdrawals of preauthorized transfers to two (2) per month for Savings Accounts, 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 Alerts, check with your mobile service provider for web access or text messaging fees. 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. Free ATM network includes First Bank and CashPoints® terminals. Out of network terminal owners may charge a service fee.

Trending Topics

Apply for a Personal Loan in South Carolina | First Bank

If you’re looking for a personal loan in South Carolina, stop by your local First Bank. We offer highly competitive rates and flexible terms, allowing you to customize your loan based on your financial needs. Visit...

What to Know About Joint Checking Accounts

Some of the biggest causes of stress in a relationship stem from finances. If you’re considering opening a joint checking account, there are some things you should know. Here are some common questions surrounding...

Mobile Merchant Services in Asheboro, NC

Asheboro, North Carolina, is located in the heart of the state, making it a great place to start and grow a business. Part of growing a successful business is offering your customers convenient ways to pay and managing...

Conventional Mortgage Loans

Applying for a home loan can be a strenuous process, especially if you’re unsure which type of loan is the best fit for your financial situation. Before you apply, it is important to understand the two types of loans...

Small Business Loans for Women – Asheville, NC

Asheville, NC, has plenty of resources available for women entrepreneurs and business owners, making it a great choice for any women looking to start a business. If you’re an aspiring entrepreneur, First Bank offers...

First Bank Loans

Between banks and online lenders, you have a lot of options to choose from when you need a loan. But not all loans are created equal, and First Bank loans are a step above the rest. If you are in need...

What Are Mobile Merchant Services?

If you own a business, you know how essential technology is to making it run smoothly. You may have even asked the question, “What are mobile merchant services?” Read more to figure out what mobile merchant...

Loan for a Brewery – Asheville NC

Need a Loan for your Brewery in Asheville? Breweries have become a booming business across the state in recent years, particularly in Asheville. Between 2006 and 2013, the number of breweries in North Carolina skyrocketed...

Checking Account Comparison First Bank of High Point, NC

High Point, North Carolina, is a bustling city full of history, businesses, recreation and much more. If you live in High Point, NC, you probably want a checking account that fits your lifestyle. Finding a bank dedicated...

Small Business Loans Made Easy – First Bank of North Carolina

North Carolina is a smart choice for any entrepreneur looking to start a business. The state encourages its residents and visitors to shop local. Organizations like Shop Local Raleigh and Got To Be NC have popped up all...