Savings Accounts
Start saving today to watch your money grow.
Having the right tools for the job is key to any successful building project. We offer a suite of savings accounts tailored to the individual needs of each customer. When it comes to building your future, First Farmers is here to help.
Step Up Savings
Traditional savings with an added feature – interest rates step up automatically.
$25 minimum to open with $125 minimum daily balance to avoid fees (no minimum balance for account holders 18 and under and full-time students up to age 23)
Interest Rate Tiers*:
- TIER 1: $0.01 – $9,999.99
- TIER 2: $10,000.00 – $49,999.99
- TIER 3: $50,000.00 – $99,999.99
- TIER 4: $100,000.00 – $499,999.99
- TIER 5: $500,000.00 – $999,999.99
- TIER 6: $1,000,000.00 and above
Additional Features:
- Set up automatic deposits from your First Farmers checking account
- Access your account anytime through Online and Mobile Banking and receive free eStatements
Requirements: Up to 6 withdrawals from your account per monthly statement cycle, including third-party transfers; then $15 per withdrawal. $3 monthly maintenance fee if account drops below minimum daily balance of $125 (maintenance & activity fees waived for children thru age 18: full-time students thru age 23; and persons age 62 and older).
Personal Money Market
Tiered interest account that earns a higher rate of interest for higher balances.
$2,500 minimum daily balance amount to open and maintain.
Interest Rate Tiers*:
- TIER 1: $0.01 – $9,999.99
- TIER 2: $10,000.00 – $49,999.99
- TIER 3: $50,000.00 – $99,999.99
- TIER 4: $100,000.00 – $499,999.99
- TIER 5: $500,000.00 – $999,999.99
- TIER 6: $1,000,000.00 and above
Additional Features:
- Set up automatic deposits from your First Farmers checking account
- Access your account anytime through Online and Mobile Banking and receive free eStatements
Requirements: Up to 6 withdrawals from your account per monthly statement cycle, including third-party transfers; then $15 per withdrawal. $15 monthly maintenance fee if account drops below minimum daily balance of $2,500.
*Interest is accrued daily and paid monthly. Interest rate subject to change without notice.
Calculate your savings
Use our free savings calculator to estimate the future value of your money.
Savings Withdrawal Calculator
Savings Distribution Calculator
The results provided by this calculator are intended for comparative purposes only. This is not an application for a loan. The accuracy of the results and its applicability to your circumstances are not guaranteed. Any differences between these results and those provided by other lending institutions may be due to rounding or slight differences in mathematical formulas used.
Christmas Club
Save for the holidays with our easy Christmas Club account. You can automatically transfer funds from your checking account to your Christmas Club account each month. There are no maintenance fees and each November, we’ll send you your account funds by check.
Certificates of Deposit
Certificates of deposit (CDs) are a savings option that allows you to save your money at a competitive rate for a fixed period of time, with no withdrawals. We offer a variety of flexible terms from seven days to five years to meet your savings goals.
Explore more banking solutions.
IRAs
Start saving for retirement now.
Trust & Wealth
Successfully manage your money.
Investment Services
Discover investment options to help your money grow.
