save smarter with firstoak savings
move money to your savings account and start earning interest
Effective Date: 5/18/2020
Personal Savings
simple and easy to get started
• $100 opening balance
• quarterly statements
• earns interest
• quarterly statements
• earns interest
Young Savers
our most progressive account
• for kids 18 and under
• minimal Opening Balance
• earns greater interest than many other accounts
• minimal Opening Balance
• earns greater interest than many other accounts
Santas Savers
Our most rewarding account
• no minimum balance
• no opening balance required
• earns interest when balance is $99 or more
• no opening balance required
• earns interest when balance is $99 or more
savings comparison
|
|
|
|
|
Personal |
Young Savers |
Santa Savers |
|
| Opening Deposit | $100 | $25 | $0 |
| Minimum Balance | $100 | $25 | $0 |
| Interest* | 0.03% 0.03% APY* |
0.10% 0.10% APY* |
0.10% 0.10% APY* Interest Paid annually if balance is
greater than $99 |
| Statements | Quarterly | Quarterly | Yearly |
| Monthly Withdraws | 6
maximum
|
6
maximum
|
Not permitted |
| Age Requirements | None | 18 and under | None |
| Online Banking | Free | Free | Free |
|
|
|
|
*The information above is accurate as of the effective date and that maintenance or activity fees could reduce earnings on accounts where the annual percentage yield is disclosed.
*Interest Rates subject to change daily.
*Interest Rates subject to change daily.