Personal Savings
A personal savings account with a competitive rate.
Minor Savings
A savings account for individuals under 18 and UGMA/UTMA titled accounts.
Personal Money Market
A limited transaction account with higher yields than an ordinary checking account.
Personal Flex
A deposit growth account that earns higher yields and offers withdrawal opportunities.
Elite Money Market
Elite Money Market provides you with competitive tiered interest rate - plus a host of other benefits.
First Independent Bank Personal Savings Account Matrix
For all accounts, see a bank colleague for definitions of terms used within this matrix that are not defined.
|
Personal
Savings Questions about
this account? |
Minor
Savings
Questions about
this account? |
Personal
Money Market
Questions about
this account? |
Personal
Flex
Questions about
this account? |
Elite
Money Market
Questions about
this account? |
| Best if you want |
A savings account with competitive rates. |
A savings account for individuals under 18 or UGMA/UTMA titled accounts. |
A limited transaction account with higher yields than an ordinary checking account. |
A deposit growth account with higher yields and withdrawal opportunities. |
Higher yield account with competitive tiered interest rate and additional benefits. |
| Monthly service charge |
$8.50 quarterly charge if daily balance falls below
$250. |
None |
$10 monthly charge if daily balance falls below $2,500. |
None |
$10 monthly service charge if daily balance falls below $5,000. |
| Minimum to open |
$50 |
$1 |
$2,500 |
$5,000 |
$5,000 |
| Earns Interest |
Yes † |
Yes † |
Yes † |
Yes † Requires a minimum daily balance of $5,000 to earn interest. |
Yes † |
| Additional Features |
Unlimited deposits; Six (6) withdrawal transactions from account during a four (4) week or similar period. |
Unlimited deposits; Six (6) withdrawal transactions from account during a four (4) week or similar period. |
Unlimited deposits; Six (6) withdrawal transactions from account during a four (4) week or similar period. A fee of $25 will be charge for each withdrawal transaction in excess of six (6). |
Unlimited deposits; Six (6) withdrawal transactions from account during a four (4) week or similar period. A fee of $50 will be charge for each withdrawal transaction in excess of one (1). |
Unlimited deposits; No fee cashier's checks; No fee stop payments; Six (6) withdrawal transactions from account during a four (4) week or similar period. A fee of $25 will be charge for each withdrawal transaction in excess of six (6). |
| Online Banking |
Yes, including free1 Bill Pay. |
Yes, including free1 Bill Pay. |
Yes, including free1 Bill Pay. |
Yes, including free1 Bill Pay. |
Yes, including free1 Bill Pay. |
| Disclaimer |
1Free means no monthly maintenance or activity charges.
† Please refer to current rate sheet and Deposit Account Agreement and Disclosures brochure for other terms and conditions on these accounts.
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