First Tier Savings Account
Benefits customers who make frequent deposits to meet a goal
This variable rate account features an open term to provide an attractive alternative to certificates of deposit.
- $7,500 minimum opening balance
- Interest rates on the account tiered by balance the higher the balance, the higher the rate
- Collected funds in the account earn interest at a competitive rate; for current annual percentage yield (APY) for each balance tier, click here.
- Interest is compounded daily and credited on the last day of each quarter
- Deposits can be made at any time and in any increment
- Minimum daily balance of $7,500 to avoid monthly service fee
- Monthly service fee of $19 with e-statement
- Monthly service fee of $20 with mailed statement
- $20 fee for each withdrawal over one per month, including in-person and ATM withdrawals, automatic, telephone or pre-authorized transfers
- Restricted to six automatic, telephone or pre-authorized transfers per month*
* Excessive transfers may result in closure of account