Personal Savings and Investment Accounts

Open a Savings or Investment Account Today

First State Bank personal savings accounts can help you achieve more of your financial goals. See our diverse options below and learn more about how our community bank can help you by visiting our savings tips page!

SPRING into SAVINGS

with $5,000+ Towards a Great CD Special Rate

5 months

Earn 5.15% APY5

7 months

Earn 4.50% APY5

13 months

Earn 4.65% APY5


Discover the Right Account for You

Regular Savings Piggy Bank

Regular Savings1

Our savings account is the easy way to save and have your money work for you confidently!

  • $100 minimum to open
  • Interest compounds and is paid quarterly2
  • Avoid a $4 monthly service charge by maintaining a $200 daily minimum balance
  • $0 for e-statements, $2 for paper statements3
  • Get two free withdrawals per month4

Personal Money Market1

Money market accounts boost your savings by earning higher interest, while keeping your money safe.

  • $1,000 minimum to open
  • Interest compounds and is paid monthly2
  • Avoid a $10 monthly service charge by maintaining a $1,000 daily minimum balance
  • $0 for e-statements, $2 for paper statements3
  • Unlimited in-bank withdrawals
  • Make up to 6 scheduled in advance checks, and debits per month

Next Generation Savings

Begin your child’s saving journey with this simple starter account.

  • $75 minimum to open
  • Available to those under 18 years old
  • Interest compounds and is paid quarterly2
  • $0 for e-statements, $2 for paper statements3
  • No monthly service charge or minimum balance requirement
  • Two free withdrawals per month4
Certificate of Deposit

Certificate of Deposit (CD)

Want to invest in a secure deposit account? First State Bank offers competitive rates on a variety of CD terms from 3 months to 2 years.5

  • $1,000 minimum to open most CDs. CD specials may require a higher balance.
  • Withdraw funds or make changes without penalty within ten calendar days after the maturity of the CD6
  • Flexible interest payments are available

Individual Retirement Accounts (IRA)

Invest in your future with a tax efficient FDIC-insured Roth or Traditional IRA in the form of a retirement savings account or certificates of deposit.

Traditional IRA Plan

  • Maximize your earnings
  • Make pre-tax contributions that may reduce your taxable income for a year7
  • Pay taxes on withdrawals at retirement
  • Penalty-free withdrawals start at age 59 ½

Roth IRA Plan

  • Pay taxes upfront on your pre-tax contributions7
  • Receive tax-free withdrawals at retirement
  • Penalty-free withdrawals start at age 59 ½, at least five years after the first contribution
  • Distributing contributions with no tax consequences
  • Distributions are not required

Start your new IRA plan with an IRA savings account.

  • Make monthly pre-tax contributions that reduce your taxable income for a year
  • Interest compounds and is paid monthly2
  • Easy-to-start savings with $100 minimum to open8

Grow your IRA plan with an IRA CD.

  • Invest in a retirement CD over a fixed term with fixed interest2
  • $1,000 minimum balance to open

Learn just how much interest you can save.

1 Service charge based on lowest monthly balance.

2 Interest rate and Annual Percentage Yield (APY) may change at any time, at our discretion. Service charges may reduce earnings. Interest is calculated using the daily balance method and begins to accrue no later than the business day credit is received for deposit of non-cash items.

3 The paper statement charge is $2 per month. For free paperless statements (e-statements), you must activate Digital Banking and sign up for e-statements.

4 $1 charge per each additional withdrawal.

5 The Annual Percentage Yield (APY) assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. Minimum deposits and balances are required to earn APY and is subject to change at any time. A penalty may be imposed for early withdrawal. CD term options available online may vary. Contact our Customer Care team at 636-940-5555 more information.

6 Interest does not accrue in that time frame if not rolled over.

7 Dependent on the taxpayer’s income, tax-filing status, and coverage by an employer-sponsored retirement plan. Consult a tax advisor for more information.

8 If your balance falls below $250 on any day of the month, your account will be subject to a $5 Service Charge for that month.