Money Market Accounts & Certificates of Deposit
Save for Your Financial Goals with Money Market Account or CD from First Security State Bank
There’s never a bad time to start saving for your future. At First Security State Bank, we believe being prepared for life’s little “ifs” is part of being financially responsible. For this reason, we offer a number of flexible ways to save to help you be ready for whatever life throws your way.
Money Market Accounts
These accounts pay interest based on current interest rates. First Security State Bank has two Money Market accounts to choose from:
- Regular Money Market1- $1,000 minimum deposit with a variable tiered interest rate (the higher your balance, the better interest rate you earn); monthly activity fees- $10 maintenance fee if balance falls below minimum, $5 excess item fee for every withdrawal over six (6).
- Platinum Money Market1- $5,000 minimum deposit with a variable tiered interest rate; monthly activity fees- $6 maintenance fee if balance falls below minimum, $5 excess item fee for every withdrawal over six (6).
Important note: Federal regulations require banks to limit transfers from a money market account to another account or to third parties by preauthorized, automatic or telephone transfer to six per month.
Certificates of Deposit (CDs)
CDs are a safe and secure way to help your money grow. Protected by the FDIC, CDs from First Security State Bank come with competitive rates and array of maturity options. First Security State Bank also offers IRA CDs as well.
For more information regarding Money Market or CD accounts from First Security State Bank, contact either of our offices today!