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Personal Savings

PERSONAL SAVINGS

Plan for larger purchases or keep an emergency fund available for unexpected expenses with one of our personal savings accounts. With competitive interest rates and the flexibility to transfer money from our online banking and mobile app platforms, you can make progress on your savings goals.

At First Vision Bank, we can help make your money work for you with accounts designed to help your savings grow. After all, it's never too soon to start planning for retirement or other financial goals.

First Savings

Everyone can benefit from this simple savings account that helps you earn interest without maintaining a high balance.

  • 6 withdrawals per quarter ($3 per withdrawal over 6)*
  • Free Online Banking (subject to internet provider or data charges)
  • Quarterly statements
  • Interest paid quarterly
  • $100 minimum balance to earn interest
  • The minimum deposit to open is $50
  • Quarterly service fee $5
  • An account is allowed six transactions per quarter before being charged $3.00 per item over six.
  • Any of the following waives the quarterly fee:
    • $50 minimum daily balance
    • Age 19 or younger (minimum to open $5)

Christmas Savings

Enjoy peace of mind throughout the year while you save in advance for holiday expenses.

  • Account may be opened at any time
  • Interest is paid and the check is issued in November
  • Daily balance equal to or greater than $5.00 to earn interest
  • Interest earnings are forfeited if an account is closed early
  • $5 fee per withdrawal over one per year
  • The minimum deposit to open is $5

Money Market

This account allows you to earn an attractive rate of return with limited access to your money. You'll enjoy a higher interest rate by maintaining a higher balance.

  • 6 withdrawals per month ($15 per withdrawal over 6)*
  • First order of basic checks free
  • Free Online Banking (subject to internet provider or data charges)
  • Monthly statements
  • Interest paid monthly
  • The minimum deposit to open is $50
  • Monthly service fee $12
  • An account is allowed six transactions per month before being charged $15.00 per item over the six
  • A monthly fee is waived by the following: 
    • $2,500 minimum daily balance
    • $3,500 average balance for the month

Interest tiers:

  • $0 – $9,999
  • $10,000 – $49,999
  • $50,000 – $249,999
  • $250,000 - More

Certificates of Deposit (CD)

This popular savings option provides you with guaranteed, higher-than-average interest rates. Plus you have the flexibility of a variety of maturities. 

  • Minimum deposit to open $1,000
  • Automatically renewable
  • Interest may be paid monthly, quarterly, annually, or at maturity (at least once a year)

Individual Retirement Accounts (IRA)

Let us help you begin planning for retirement or education costs with an IRA, Roth IRA, or SEP. Traditional IRAs give you the benefits of tax-deferred savings and a possible tax deduction.* We offer IRA terms with a variety of maturities.

  • Minimum deposit to open $100
  • Automatic interest distributions by check or direct deposit
  • Interest may be paid monthly, quarterly, annually, or at maturity (at least once a year)

*Consult a Tax Advisor

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(931) 454-0500
After Hours:
1-800-754-4128

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