General Information On All Time Accounts
Interest earned can be credited to the account or transferred monthly or quarterly to another FirstBank account, or paid by check if desired.
If the customer does not select a specific interest payment option, the interest will be credited to the account quarterly except in all cases of the 91 Day and 182 Day Accounts, which will be paid at maturity.
On Time Savings, Time Deposits, and Premier Time accounts, a reminder notice is sent ten days prior to maturity for your convenience.
Accounts are automatically renewed at maturity under the terms and rates currently in effect for the type of account renewing, unless the bank is otherwise notified.
You may borrow against Time Savings, Time Deposit, and Premier Time accounts at favorable rates.
There is a substantial interest penalty for early withdrawal from Time Savings, Time Deposits, and Premier Time accounts.
Fees can reduce the earnings on the account.
A penalty will be imposed for early withdrawal.
This serves as a general disclosure for all accounts.
For current rate information at any time, please call FirstBank's 24-Hour Telephone Banking at
1-800-964-3444.
Premier Time Account
The interest rate is fixed for the term of the account. The interest rate and APY offered for new accounts may change every Wednesday and on the first business day of each month. A minimum balance of $10,000 is required. If the balance of the account falls below $10,000, the rate paid on the account will be the Regular Savings rate. Single deposits only.
Time Savings Account
The interest rate and APY may change every Wednesday and on the first business day of each month. Multiple deposits may be made with no minimum deposit required. Additional deposits during the term do not change the maturity of an account. There is a $5.00 service charge per term when the balance falls below $100 on the 91 Day Savings Account. The service charge is $5.00 per quarter when the balance falls below $100 on the One Year Savings Account and on the Two Year Savings Account. Children under 18 years of age are exempt from these service charges.
Time Deposit Account
The interest rate is fixed for the term of the account. The interest rate and APY offered for new accounts may change every Wednesday and on the first business day of each month. Minimum deposit is $500. Single deposits only.
Fees can reduce the earnings on the account.
A penalty will be imposed for early withdrawal.
This serves as a general disclosure for all accounts.
For current rate information at any time, please call FirstBank's 24-Hour Telephone Banking at
1-800-964-3444.