Checking Account Options
As with any solid financial plan, having a checking account from a trusted financial solutions provider, like First Bank, is a great first start. Choose one that works for you and meets you where you’re at in your financial journey.
Check out First Bank’s checking account solutions today!
Set up direct deposit into your checking account from regular paychecks or income source(s). From there, enroll in eBanking, add your payees, and start paying bills from Bill Pay. For simple money management for your First Bank checking account on the go, download the First Bank On The Go mobile app.
Savings Account Solutions
Traditionally, checking accounts are designed to be used for day-to-day expenses, bills, and purchases; however, you’ll need other banking solutions that work for your short and long-term savings goals.
As is often said, “Life happens”. When a tire goes flat, your roof needs repaired, or an unexpected loss of income occurs, you want to have access to the funds you need without turning to high-interest credit cards or unscrupulous lenders.
In addition to helping you set aside money to cover the unexpected, savings can also cover you for those planned expenses and is an important part of your overall wealth building journey. Planned expenses, like buying an investment property, hosting a wedding, starting a new business venture, or saving for a down payment on a home in Missouri, Illinois, and California, are all examples of longer-term savings.
High-Yield Savings Account
Finding the right option for your short and long-term savings’ needs really depends on what you are wanting to achieve. If you are striving to build up a savings fund for the future that’s available whenever you need it, then consider a variable-rate high-yield savings account option. With just a $100 minimum new money deposit, you can set up regular deposits, earn a competitive, variable rate, and watch your savings bloom.
Access your funds through eBanking or surcharge-free at over 55,000 ATMs worldwide that are in the Allpoint® Network. Insured by the Federal Deposit Insurance Corporation (FDIC)*, a First Bank High-Yield Savings Account in Missouri, Illinois, and California, provides safety, accessibility, and competitive returns.
Certificates of Deposit
For longer-term savings goals, such as those you wish to achieve in a few months or years, it’s best to layer other savings tools into your financial portfolio. Certificates of Deposit can be a great option to load up for higher-yield savings.
With as little as $1,000, simply choose the investment term that works best for you, open a CD online or in a First Bank branch, and let your savings grow. To calculate an estimate of your savings at maturity using our Savings Calculators, input the amount of your deposit, choose a term, and factor in the interest rate.
To find out more, read “Which Kind of Savings Account or Solution is Best for My Needs?”
Lock in higher fixed interest rates on CDs, take advantage of First Bank’s high-yield savings account, and spring your finances forward today.