Personal Savings Accounts
A great way to start, our Savings Account offers a simple way help you save. This account will not only help you save, but help you avoid additional bank fees when tied to a checking account*. The account is easy to set up and easy to maintain. Details include:
- $100.00 to Open
- $100.00 Minimum Daily Balance
- 3 Free Withdrawals Per Month
- Online Banking
Start saving today! For more information on this account, see a Customer Service Representative today.
Simple is Better. Simple Saver from FSCB.
Simple Saver Program
The Simple Saver Program from FSCB is a great way to energize your savings. With this account you’ll automatically save each month and earn a great rate. It’s that simple.
To get started all you need is a First State Community Bank Checking Account. Set the amount that you’d like to have automatically transferred each month from your checking into your Simple Saver Account. There is no minimum balance requirement and you’ll be able to access your money free of charge once each month.
Reasons to Save
Whether it’s your emergency fund or money set aside for a major purchase, saving offers peace-of-mind. When it comes to your savings fund, success starts here.
- No minimum deposit to open
- Must have an FSCB Checking Account
- Have at least one automatic monthly transfer of $25 or more from FSCB checking account into your Simple Saver Account
- Customers are allowed one withdrawal per month
- After the first withdrawal, all subsequent withdrawals are $2.00 each.*
This is a variable rate, tiered product and the rate is subject to change at any time. To obtain the maximum rate a monthly automatic transfer of $25.00 or more from an FSCB checking account must be set-up within the first 20 days of account opening. If the AFT requirement is not met the account will be converted to a regular savings account.By meeting the requirements listed above, interest will be paid in two tiers: 1) $0.01 to $5,000.99 2) $5,001.00 and over, resulting in a blended APY. Federal Reserve Regulation D limits the number of transfers from savings accounts to another account or to third parties by check, debit card, draft or similar order, by preauthorized debit, or by telephone or computer transfer to six per monthly statement cycle. Once the account has violated the Regulation D limits three times, FSCB will convert the account to a regular savings account. Savings accounts closed within 90 days of opening will incur a $10 early closure fee. Personal accounts only. Limit of two Simple Saver accounts per household.