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

Compare Savings Accounts

Which savings account is right for you?
Compare features of all our savings accounts to find the right fit. Whether you want simple features or a high yield on your investment, you’ll find an account that works.
WAYS TO KEEP IT FEE FREE ™
Savings Account Everywhere Savings MyFirst Savings Money Market CDs IRAs
Minimum Daily Balance Required $300 n/a $2,500 $1,000 $100
Average Balance Required n/a n/a $5,000 n/a n/a
Monthly Maintenance Fee1
(if unable to meet one of the above criteria)
$4 Free $15 n/a n/a
Minimum Amount to Open $50 $10 $1,000 $1,000 $100
Minimum number of free withdrawls per month2 2 3 2 3 6 4 n/a n/a
Minimum balance tier(s) to earn interest >$0 >$0 >$0 $1,000 $100
Additional Benefits 24-hour telephone banking

Free digital banking

Free mobile banking5

For customers under 18

24-hour telephone banking

Free digital banking

Free mobile banking5

24-hour telephone banking

Free digital banking

Free mobile banking5

Fixed, guaranteed interest rates

Low-risk savings

Excellent returns over the long term6
Variety of options including Traditional, Roth and SEP IRAs7
Get help finding the right savings account
Let us help you narrow down the perfect account for you.
  1. 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, which is also available at your local branch.
  2. 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.
  3. Savings Account customer can make two free withdrawals per month. There is a $2 fee for each additional withdrawal.
  4. 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.
  5. While First Bank does not charge for mobile banking, your mobile carrier’s message and data rates may apply.
  6. CDs are subject to penalty for early withdrawals prior to maturity date. Penalty will reduce earnings.
  7. Distributions from IRAs before age 59 1/2 may be subject to an IRS early withdrawal penalty. Please consult your tax advisor or accountant with any tax‑related decisions.

Trending Topics

First Bank Southern Pines Review

A local bank can be the driving force behind the economy of a small community. With a population of under 14,000 residents and a strong economy—Southern Pines, North Carolina is backed by local banks like First Bank. First...

What are 30-Year Mortgage Rates?

If you are thinking about buying a home, you may be asking the question, “What are 30-year mortgage rates?” There are many ways to figure out the current average 30-year mortgage rates, but the best way to find out about...

Find the Best Savings Account Rates at First Bank in North Carolina

Finding the best savings account rates in North Carolina can be beneficial for many reasons. Whether you want to save money in the case of an emergency or start a fund for your child’s education, having the right savings...

Best Personal Loan Rates in North Carolina

If you live in North Carolina and are looking for a personal loan, your local First Bank can help. We have over 100 locations in North Carolina that offer highly competitive personal loan rates. We make choosing a personal...

A Checking Account Comparison Worth Your Time

Contrary to popular belief, not every checking account is the same. That’s why First Bank has five options to ensure there’s one to fit your specific needs. Review our checking account comparison below to find your perfect...

Best Bank for Checking Account – Jacksonville, NC

If you’re looking for the best bank for checking accounts in Jacksonville, NC, it might look a lot like the First Bank’s located on New Bridge Street and Western Blvd. Behind the diversity, convenience and flexibility of...

5 Financial Tips for Your 30s

Your thirties are a great time to get a handle on your finances and start investing in your future.

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...

Savings Account – South Carolina

If you live in South Carolina and are looking for a savings account, your local First Bank can help. We offer savings accounts to meet a variety of needs, and we are dedicated to helping you find the best way to save....

First Bank Credit Card

There are many benefits to having First Bank Credit. Is there a purchase right now like an important doctor bill or car repair that you could afford in a few weeks? Maybe you don’t feel comfortable putting down a large...