Savings Accounts

With competitive interest rates and flexibility, FB&T can help you reach your savings goals

FB&T has savings accounts suited for your needs:

As a community-owned and operated bank, First Bank & Trust provides personal attention and responsiveness customized to your individual needs. Whether you are saving for the future or some unexpected emergency, smart personal investing requires the right combination of knowledge, products and personal attention. We offer a range of account options and the latest banking technology – including, online and mobile banking. Let our experienced and professional bankers guide you through the process.

Account Comparison

AccountMinimum Amount Needed to OpenMonthly FeeATM/Debit CardMonthly BenefitsInterest Bearing
Money Market Any Amount None if: minimum daily balance is $1,000 or more, or an average daily balance of $2,500 or more. Otherwise $12. YES 6 Free withdrawals / transfers without charge then $15 per transaction.** Monthly
Investment Money Market $10,000 None if: minimum daily balance is $10,000 or more, or an average daily balance of $15,000 or more. Otherwise $15. YES 6 Free withdrawals / transfers without charge then $15 per transaction.** Monthly
Statement & Passbook Savings Any Amount None if: minimum daily balance is $200 or more. Otherwise $6 fee per quarter. YES (Statement Accounts) NO (Passbook Accounts) 6 Free withdrawals per month, then $1 each.** Quarterly
Junior Banker Any Amount None: (age 17 and younger) NO Maximum of 6 withdrawals without charge.* Quarterly
Certificates of Deposit (CDs) $1,000 Minimum Term 30 Days N/A NO N/A Monthly
Individual Retirement Account (IRA) Any Savings/CD product available as IRA. N/A NO N/A Yes

 

**The Federal Reserve limits convenient monthly withdrawal transactions to 6 for accounts that are classified as Savings Accounts. There are unlimited withdrawals in-person, in-bank. Please view the Federal Reserve’s rule known as Regulation D for more information