No link on this page pays us. When one does, it says so, and it never changes a ranking. How we make money

FirstBankSavings accountChecked Oct 10, 2026Updated

FirstBank Basic Savings

0.05%APY on $10,000 · as of Oct 10, 2026
A year on $10,000
$5 after fees
Monthly fee
$5 a month
To open
$50 to open
Visit FirstBankThe bank’s own page · checked Oct 10, 2026

What it earns in a year

Interest at the APY for each balance, minus any monthly fee you’d pay. Rates are variable; these are today’s.

BalanceAPYA year, after fees
$1,0000.05%$0
$5,0000.05%$2
$10,0000.05%$5
$25,0000.05%$12
$50,0000.05%$25
$100,0000.05%$50

Rate conditions

Balance needed for the APY
$25Source · checked Oct 10, 2026
To earn the APY
To obtain the APY disclosed, you must maintain a minimum average daily balance of $25 in the account each day.Source · checked Oct 10, 2026
Interest compounds
every one (1) month(s)Source · checked Oct 10, 2026

Fees

Monthly fee
$5 a monthSource · checked Oct 10, 2026
Ways to avoid the monthly fee
A minimum balance fee of $5 will be imposed every month if the balance falls below $50 any day of the month.Source · checked Oct 10, 2026
Minimum to open
$50Source · checked Oct 10, 2026
Withdrawals a month
6Source · checked Oct 10, 2026
Fee for each withdrawal over the limit
$2Source · checked Oct 10, 2026

Who can open it

Minimum age
18Source · checked Oct 10, 2026

Features

Branch accessInterest bearingMinor accounts

From the bank’s own pages. A feature not listed may still be offered: we list only what the bank states.

Rates and fees change; the bank’s own page is the final word. Report a mistake · How we make money