• Simple Savers
  • Simple Savers
  • Simple Savers
  • Simple Savers
 
 

Simple is Better. Simple Saver from FSCB.

1.02% APY up to $5,000*
0.10% APY over $5,001*.

Simple Saver Program
The Simple Saver Program from FSCB is a great way to energize your savings. With this account you’ll automatically save each month and earn a great rate. It’s that simple.

Getting Started
To get started all you need is a First State Community Bank Checking Account. Set the amount that you’d like to have automatically transferred each month from your checking into your Simple Saver Account. There is no minimum balance requirement and you’ll be able to access your money free of charge once each month.

Reasons to Save
Whether it’s your emergency fund or money set aside for a major purchase, saving offers peace-of-mind. When it comes to your savings fund, success starts here.

Account Details

  • No mnimum deposit to open
  • Must have an FSCB Checking Account
  • Have at least one automatic monthly transfer of $25 or more from FSCB checking account into your Simple Saver Account
  • Customers are allowed one withdrawal per month
  • After the first withdrawal, all subsequent withdrawals are $2.00 each.*

 

Federal Reserve Regulation D limits the number of transfers from money market accounts  or savings account to another account or to third parties by check, debit card, draft or similar order, by preauthorized debit, or by telephone or computer transfer to six per monthly statement cycle. Once the account has violated the Regulation D limits three times, FSCB will convert the account to another type of FSCB transaction account. Savings accounts closed within 90 days of opening will incur a $10 early closure fee. Annual Percentage Yield 1.02% on deposits at or below $5,000.99. APY on deposits of $5,001.00 or more is 0.10%. APY accurate as of current date.