Skip to main content
_FB_2018-Icons-finalized-cleaned-up_new_FB_2018-Icons-finalized-cleaned-up_newGroup 9
Find Your Local Branch
Back
Scroll to top

Highest Yield Savings Account – Asheboro, NC

Personal Finances 3 min read

Ready to talk to an expert?

Find A Location Get In Touch

For customers who do not need immediate access to their funds, a Certificate of Deposit, or CD, is one of the highest yield savings accounts offered at First Bank in Asheboro, NC. The Wall Street Journal defines CDs as low-risk investments where you typically invest cash you do not need to access for months or years. First Bank offers CDs with higher rates than our regular savings and money market accounts.

Whether you are an individual or business owner looking to open a savings account, our CDs may provide you with the high yield savings account in Asheboro. We typically offer a fixed guaranteed interest rate and all of our CDs are FDIC-insured. If you’re located in Asheboro, NC, all you need is a $1,000 minimum deposit to open the highest yield savings account First Bank has to offer.

Other Types of Interest-Yielding Savings Accounts at First Bank in Asheboro, NC

If you want to open a savings account but want access to your funds when you need them, consider opening one of our other savings accounts. All of our accounts feature free online and mobile banking, free online bill pay, and free eStatements or paper statements.*

  • Everywhere Savings: With a $50 minimum deposit you can open our Everywhere Savings account and start earning interest.
  • MyFirst Savings: With an initial minimum deposit of just $10, children and teens can open a MyFirst savings account and start earning interest.
  • Money Market: Our long-term Money Market account earns interest and requires a $1,000 initial deposit.**
  • Business Savings: With this account, business owners receive the same benefits as our personal Everywhere Savings account. It only takes a $50 minimum deposit to start earning.
  • Money Market for businesses: Business owners can enjoy competitive rates with this long-term savings option. It requires a $1,000 minimum deposit to open.

Visit First Bank Today

Visit our two convenient locations in Asheboro, NC and speak with one of our specialists about our highest yield savings accounts today.

*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. 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. 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. While First Bank does not charge for mobile banking, your mobile carrier’s message and data rates may apply. 

Ready to talk to an expert?

Find A Location Get In Touch
Share:
First Bank’s Good To Know Logo
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...

First Bank Card With a First Bank card, you can feel confident that you are obtaining a bank card that is secure and convenient. Are you one of the 194 million people who already have a debit card? Get the most out of your card today with First Bank. Many Benefits of a First Bank Debit Card When you open a First Bank checking account, you can receive our First Bank MasterCard® personal debit card. It is accepted at millions of locations worldwide and thousands of ATMs across the country, and comes with free online banking, making it easy to view and track your purchases whenever you want. In addition, you get: Credit card access benefits — Enjoy 24-hour access to your account and the ability to manage your account online, download credit statements, and pay your bill online**. Security Benefits — Enjoy security benefits such as: Zero liability: Pay only for authorized purchases. MasterCard SecureCode: Enjoy protection from fraudulent use of your card information online. ID theft alerts: Reduce your risk of identity theft with this service that constantly monitors websites and chatrooms. You’ll be alerted immediately should we detect any evidence of your information being traded or sold online. Convenience Benefits — Enjoy convenience benefits such as: MasterCard Global Service®: This benefit provides you with 24-hour service for lost or stolen cards, account information, emergency cash advances, and more 365 days a year. Mobile Wallet: A quick and easy way to use your First Bank debit card on the go with most smartphones. Shopping Benefits — Enjoy shopping benefits like: Price protection: If you find an item that was recently purchased with your eligible MasterCard® for a lower price, you may be reimbursed for the price difference. Extended warranty: Most manufacturer’s warranties are doubled up to one year when you pay with your eligible MasterCard®. First Bank has over 100 locations in NC and SC so head to a location near you and open an account today. *Loans subject to credit approval. MasterCard, Debit MasterCard and the MasterCard brand marks are trademarks of MasterCard International Incorporated.  **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 3 min read
Personal Loan Application – Apply for a Personal Loan When you need to apply for a personal loan, the application process shouldn’t be complicated. Avoid confusing and complicated personal loan applications at First Bank. Our application process is easy and simple. We have more than 100 locations in North Carolina and South Carolina, where you can apply for a personal loan that meets your needs. Applying For a Personal Loan is Easy at First Bank At First Bank, there are several personal loans you can apply for: A personal line of credit provides you with instant borrowing power. If you need to request cash, all you have to do is write a check. First Line is an unsecured personal loan, but in some cases qualified collateral may be required to secure your personal or commercial line. Home Equity Lines of Credit (HELOCs) are flexible options where you take out a loan using your accrued home equity as collateral. Auto loans from First Bank are offered at competitive rates. Get access to funds in as little as 24 hours and purchase the new car you’ve been wanting.  Boat loans can take you one step closer to your next dream vacation. We provide loans with competitive, fixed rates and no prepayment penalty. First Bank Credit Card with Rewards First Bank also offers a Platinum Credit Card with Rewards that allows you to make everyday and monthly purchases in a convenient and secure way. With our credit card rewards program, you can earn points on every qualified purchase. Other benefits include: Online customer service 24-hour access Zero liability ID theft resolution Price protection MasterCard Global Service® Visit a First Bank Today To fill out a First Bank credit card or personal loan application, visit a branch near you. *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. ——— Sources: Investopedia: http://www.investopedia.com/terms/z/zero-liability-policy.asp Investopedia: http://www.investopedia.com/terms/o/overdraft-protection.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186 2 min read
Mortgage Rates 101: Information You Should Know Acquiring information about mortgage rates is a vital step in the home buying process. Mortgage rates vary based on several factors, such as the amount and type of your loan and your credit score. To get better mortgage rates in your area, it’s best to contact your local lender like First Bank. First Bank’s Mortgage Center provides customers with answers to common questions about loan options, mortgage rates information, and more. Whether you are a first-time homebuyer, an experienced homebuyer, or building a new home, we provide information that can help you qualify for the loan and purchase your new home. Mortgage Rates Information from First Bank You will typically have multiple loan options to choose from before purchasing a home, including conventional mortgages, government loans, and construction loans. Two of the most popular types of home loans are conventional adjustable-rate and fixed-rate mortgages. Conventional adjustable-rate mortgages: Interest rate, monthly principal, and interest payments remain the same for an initial period of 3, 5, or 7 years, for example—then adjust periodically. Interest rate caps set a limit on how much your interest rate can increase. ARMs typically have a lower initial interest rate than fixed-rate mortgages. Monthly principal and interest payments may increase as the rate adjusts. Conventional fixed-rate mortgages: Interest rate and monthly payments stay the same for the duration of the loan. Offers protection from rising interest rates for life of the loan. Available in 15-year, 20-year, and 30-year fixed-rate loan term options. For more information on conventional mortgage rates or mortgage rates on our other home loan options, find your local First Bank loan officer today. Loans subject to credit approval. ——— Sources: Investopedia: http://www.investopedia.com/terms/c/credit_score.asp Investopedia: http://www.investopedia.com/articles/pf/05/022405.asp?lgl=mtdt-v1 2 min read
Education Savings Account – North Carolina College is expensive. The cost of tuition, housing, books, food, and transportation starts to add up. The cost of going to college has gone up by over 400% since the 1970s. The average college student’s debt is $37,172. Don’t get bogged down with student or parent loans. In North Carolina, a First Bank education savings account can help you save for college. Start A Savings Account for Education at First Bank in North Carolina North Carolina is home to some of the best universities in the country, like N.C. State, UNC Chapel Hill, Duke, Elon, Eastern Carolina University, and Wake Forest. You shouldn’t have to miss out on the great education North Carolina has to offer because of the high costs. First Bank understands the importance of education. Our education savings accounts can help you prepare for your future and achieve your career goals. Everywhere Savings – Our Everywhere Savings account is a great option for anyone who wants to start saving for college. MyFirst Savings – It is never too early to start saving for your education. First Bank customers under 18 years of age can open a MyFirst Savings account with only a $10 initial deposit. Money Market – First Bank’s Money Market account is a good option for parents or young adults who can put down a little more money to deposit. CDs – A certificate of deposit may be a good option for parents or students who do not need immediate access to their funds. CDs usually earn interest at a higher rate, and are FDIC-insured.* All of our accounts come with free online and mobile banking services.** First Bank makes it easy for you to manage your account from virtually anywhere. Contact or visit your local First Bank to speak with one of our experts about the best education savings account option for you. With over 80 locations in North Carolina, it is easy to find a First Bank near you. *CDs are subject to penalty for early withdrawals prior to maturity date. Penalty will reduce earnings. 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. **While First 3 min read