First National Bank Savings
From regular savings to IRAs and Certificates of Deposit (CD), we offer a wide range of savings choices.
People today are looking for those “just right” investment opportunities to maximize their hard-earned dollars. From regular savings to IRAs and Certificates of Deposit (CD), we offer a wide range of savings choices. Many are finding that Certificates of Deposit make an excellent short or long-term choice for any purpose. The funds could be used for buying a new car to saving for retirement.
Our CDs are designed to give you the most competitive rates available… combined with the safety and security you associate with this popular investment.
For your convenience, we offer many options, including a broad range of maturity dates on our CDs.
Whatever your investment goals, we have CDs to match. Our experienced staff will help you select the best alternatives to meet your current and future needs.
Smart retirement planning begins early! That’s because living the American dream after retirement takes more than modest means. As you plan, don’t forget that IRAs are still considered a good tax-deferred option for most people, because you pay no taxes on the income earned until the money is withdrawn-which is usually not until retirement.
With a CD from us, you can relax, knowing your deposits (and the interest earned) are insured to the maximum amount allowed by the FDIC. Also, your IRAs are insured separately, for up to the maximum allowed, in addition to the FDIC insurance on your other accounts.
Certificates of Deposit – CD
- Minimum to open $500.00
- Available in a variety of terms ranging from 3 months to 5 years.
- Depending on the term-interest may be:
- paid monthly by check;
- credited to another account with FNBNWFL;
- compounded quarterly;
- paid at maturity.
IRA (Individual Retirement Account)
- Minimum to open $500.00
- 18 month terms.
- Interest will be compounded quarterly.
- Traditional & Roth
Personal or Business Savings Accounts
- Minimum to open $100.00
- A maintenance fee of $10.00 will be imposed each quarterly statement cycle if the average daily balance for the cycle falls below $300.00.
- All balances will earn interest at the current rate.
- E-Statements: Free Paper Statement: $3.00 fee.
- Free Online Banking and Bill Pay.
- An excessive transaction fee of $10.00 will be charged for each debit transaction in excess of six per quarterly statement cycle.
- Transfers from a Regular Savings account to another account or to third parties by pre-authorized, automatic, or telephone transfer or by draft, point-of-sale or similar order to third parties are limited to six per quarterly statement cycle.
- Refer to the account disclosure information for precise terms and conditions.
Personal Savings Minor Accounts
- Minimum to open $20.00
- All balances will earn interest at the current rate.
- E-Statements: Free Paper Statement: $3.00 fee.
- Free Online Banking and Bill Pay.
- An excessive transaction fee of $10.00 will be charged for each debit transaction in excess of six per quarterly statement cycle.
- Transfers from a Regular Savings account to another account or to third parties by pre-authorized, automatic, or telephone transfer or by draft, point-of-sale or similar order to third parties are limited to six per quarterly statement cycle.
- Refer to the account disclosure information for precise terms and conditions.
IMPORTANT ACCOUNT OPENING INFORMATION
Federal law requires us to obtain sufficient information to verify your identity. You may be asked several questions and to provide one or more forms of identification to fulfill this requirement. In some instances we may use outside sources to confirm the information. The information you provide is protected by our privacy policy and federal law.