Savings Accounts
Rates are current and APY is accurate as of October 15th, 2012
| Type |
Minimum
Balance
to accrue interest |
Interest Rate |
APY |
| First Dollars Savings |
$10.01 |
0.10% |
0.10% |
| Traditional Savings |
$10.01 |
0.10% |
0.10% |
| Money Market Savings |
$10.01- $999.99 |
0.10% |
0.10% |
| $1000 - $4,999.99 |
0.15% |
0.15% |
| $5,000 - $24,999.99 |
0.20% |
0.20% |
| $25,000 and over |
0.25% |
0.25% |
| Premium Money Market Savings |
$0.00-$24,999.99 |
0.15% |
0.15% |
| $25,000 - $49,999.99 |
0.20% |
0.20% |
| $50,000 - $99,999.99 |
0.30% |
0.30% |
| $100,000-$249,999.99 |
0.50% |
0.50% |
| $250,000 and over |
0.80% |
0.80% |
Note: "APY" is the abbreviation for Annual Percentage Yield.
Note: Account-specific minimum balance requirements must be met in order to earn stated APY.
Note: These are variable rate accounts subject to rate change. Service fees could reduce earnings.
You are encouraged to review the following links to First National policies which
provide more detail on the terms and conditions of our products and services:
-
First National Bank of Elk River
Deposit Account Terms and Conditions
-
First National Bank of Elk River
Funds Availability Disclosure
- Each Depositor insured to at least $250,000
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