Personal Saving Accounts
Building a smart savings strategy starts here. Saving money is an important financial skill to master, but it also requires the right account to help make the most of the money you’ve put away. Toggle between accounts to learn what they have to offer.
Power Saver
Account Information
$5.00 Minimum to Open
Quarterly statement*
Earn Interest
Paid on the daily collected balance. Compounded and paid quarterly.
Account Opening
This account must be opened in person by an adult over the age of 18 (such as a parent, grandparent, guardian, aunt or uncle) and provide the child's social security number.
*Savings accounts receive quarterly statements unless there are electronic transfers, then monthly statements will be received. If you have a First Citizens spending account, your savings account statement will be provided to you monthly with your spending statement.
A savings account designed
for children age 14 and under.
- Banzai Financial Education
- Video Series
- Fun Games, Crafts, & More
Basic Savings
Account Information
$5.00 Minimum to Open
Quarterly statement*
Earn Interest
Paid on the daily collected balance. Compounded and paid quarterly.Fee Information
Maintain a $100 average collected balance, and we’ll waive the $2.00 monthly service charge.
*Savings accounts receive quarterly statements unless there are electronic transfers, then monthly statements will be received. If you have a First Citizens spending account, your savings account statement will be provided to you monthly with your spending statement.
Platinum Savings
Account Information
No Minimum to Open
Monthly statement*
Earn Tiered Interest
Paid on the daily collected balance of $10,000 or more.
See a Personal Banker for complete information about rates and tiers.
Compounded and paid monthly.
Fee Information
Maintain a $10,000 average collected balance, and we’ll waive the $25.00 monthly service charge.
*Savings accounts receive quarterly statements unless there are electronic transfers, then monthly statements will be received. If you have a First Citizens spending account, your savings account statement will be provided to you monthly with your spending statement.
Other Saving Options
We offer other saving options to help save for health expenses, Christmas time, and higher education.
Health Savings
Account Information
What is a HSA?
It is an account designed to help you save specifically for health care costs.
- Used in conjunction with a high-deductible health plan
- Control what health expenses your HSA funds are used for
- The money in your account rolls over from year to year
Account Opening
Account must be opened in-person or over the phone.
Your tax adviser can help you decide if an HSA is the right solution for you.
Christmas Club
Account Information
What is a Christmas Club Account?
This account helps reduce the strain of holiday expenses.
No Minimum to Open
Earn Interest
No interest earned on balances over $5,000.00
Penalty applies for early withdrawal.
Deposits can be made in any amount at any time.
Your Christmas Club account balance automatically transfers to your First Citizens checking or savings account on November 1st of each year..
Higher Learning Fund
Information
What is a Higher Learning Fund?
This account helps you save specifically for college by saving and building the balance through compound interest.
The account matures when the child graduates from high school.
No Minimum to Open
Earn Interest
Paid on the daily collected balance. Compounded and paid quarterly.
One year penalty for early withdrawal.
Interest equal to three-year Constant Maturity Treasury Rate as reported in the Wall Street Journal and is subject to change quarterly
Ability to make automatic transfers from spending or savings accounts.
eStatements
Receive your statements electronically for free and reduce paper clutter.
uSave
After enrolling, your debit card purchases will automatically be rounded up to the next whole dollar. The difference is automatically transferred to your designated First Citizens savings account. To help you track your savings, your monthly bank statement will contain an itemized list of the transactions plus provide a record of the savings transfers and the new balance of your savings account.
