The First National Bank : Personal Savings

	Comfort and Convenience to Meet Your Individual Needs When you have a savings program with First National Bank, you not only work toward your financial goals, you also get memories worth saving. It might be for a college education... it might be the thrill of owning a new home... or it may just be saving for a rainy day. Savings Accounts Moola Moola Savings Club Christmas Club Certificates of Deposit (CDs) Individual Retirement Accounts (IRAs) No matter what your financial goal may be, a regular savings program is one of the safest, smartest ways to get there. And we have lots of ways to help you do it. Turn your dreams into a quality future for all the memories you want to save.
Savings Accounts With a Savings Account you can earn interest, keep your money safe, and SAVE. $25.00 minimum opening balance With an average daily balance of $200.00, the $2.00 monthly service fee is waived Persons 21 and under, and non-profit organizations are exempt from the monthly service fee Interest is compounded and paid quarterly – See Current Rates Detailed statements are mailed quarterly (or monthly when combined with a checking account statement) 24-hour access to your accounts is available through ATM, Telebanc, and Online Banking Automatic deposits can easily be set up to help you reach your savings goals and/or withdrawals to make your loan payments
Moola Moola Savings Club The Moola Moola Savings Club is a special club designed for children through the age of 13 to help them learn the importance of saving money. $25.00 minimum opening balance No monthly service fee Club members are rewarded special prizes for their deposits based upon the amount Interest is compounded and paid quarterly – See Current Rates At the age of 14 this account will be changed to a regular savings account with monthly service fees waived until age 22 Detailed statements are mailed quarterly (or monthly when combined with a checking account statement) 24-hour access to your accounts is available through ATM, Telebanc, and Online Banking Automatic deposits can easily be set up to help you reach your savings goals
Christmas Club Christmas Club Accounts are a savings program offered to help customers save for their holiday shopping needs. Make deposits of $1.00 or more – weekly, semi-weekly, monthly, or at any time Set up an automatic payment amount on a scheduled day or use a coupon book to make deposits Interest is accumulated and paid at the end of the term Christmas Club Accounts begin in November and run through October of the following year No accounts may be opened after July 31 until the start of the next year's program Checks are mailed to the customer at the end of the term
Certificates of Deposit (CDs) Time deposits are available for the length of time you need with a higher rate of interest. See Current Rates for terms and rates available. All CDs have the option to renew automatically There is a substantial penalty for early withdrawal Interest will be compounded and paid quarterly – See Current Rates Interest rates are subject to change daily
Individual Retirement Accounts (IRAs) An IRA is a good way to save for retirement and depending on which IRA you have, you may be eligible to defer all or a portion of your contribution for tax purposes. Minimum deposit of $100.00 Interest rates are tied to the 60 month CD and adjusted every January 1st and July 1st – See Current Rates Interest is compounded and paid on a quarterly basis on March 31st, June 30th, September 30th, and December 31st No annual fee Other IRA options are available, please call for details