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SAVINGS ACCOUNTS

  Personal Savings

  TNT Money Market Savings

  Insured Investor Money Market

  Holiday Club Savings

PERSONAL SAVINGS

This account provides easy access to your funds while earning interest. It's also an excellent liquid investment account to save for the things you want, especially when you use our automatic transfer from checking to savings program. If you wish, your Savings account can be linked to your Personal Checking account for overdraft protection. 

Minimum opening deposit: $100.
Interest paid on Daily Collected Balance of $25 or more.

Average Monthly Balance 

Maintenance Fee Assessed 

$200 or more 

None 

$0 to $199 

$2 per month 

If you maintain a minimum balance of $1,000 or more in your Personal Savings account, you qualify for our First Choice Checking account. With First Choice you can enjoy the benefits of free checking and a host of other services at no additional charge.

Transfers from a Personal Savings account to another account or to third parties by preauthorized, automatic, telephone or computer transfer are limited to six per month with no transfers by check, draft, debit card or similar order to third parties.  A fee of $1 will be charged for each withdrawal in excess of three during a month. 

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TNT FUND MONEY MARKET SAVINGS 

The highest savings or money market rate of any bank in Monroe County. This is what the TNT Fund can pay you on your account balance. The higher the balance the more you earn. 

Minimum opening deposit: $2,500.
Interest paid on Daily Collected Balance of $2,500 or more.

Average Monthly Balance 

Maintenance Fee Assessed 

$2,500 or more 

None 

$0 to $2,499 

$10 per month; no interest paid 

Transfers from a TNT Fund Money Market Savings account to another account or to third parties by preauthorized, automatic, telephone or computer transfer are limited to six per statement cycle with no transfers by check, draft, debit card or similar order to third parties. 

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INVESTOR INSURED MONEY MARKET 

This excellent liquid investment account combines the high rate of a money market account with check writing convenience and interest compounded monthly.

Minimum opening deposit: $2,500.
Interest paid on Daily Collected Balance of $1,000 or more.

Average Monthly Balance 

Maintenance Fee Assessed 

$2,500 or more 

None 

$1,000 to $2,499 

$10 per month; interest paid at NOW account rate 

$0 to $999 

$10 per month; no interest paid 

Transfers from an Insured Investors Money Market account to another account or to third parties by preauthorized, automatic, telephone or computer transfer are limited to six per statement cycle with no more than three by check, draft or similar order to third parties.  A fee of $2 will be charged for each transaction in excess of six during a statement cycle. 

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HOLIDAY CLUB SAVINGS 

 

Find it difficult to save money for the holidays?  Open a First State Bank Holiday Club Savings Account.  Funds are transferred automatically from your First State Bank checking or savings account weekly, bi-weekly or monthly.  Funds are held in a safe, insured, interest-earning savings account until November 1st.  Then your money is deposited back into your checking account just in time for all your holiday purchasing. 

You must maintain a minimum balance of $25 in the account to obtain the disclosed annual percentage yield.  A fee of $10 will be charged for each withdrawal. 

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