First Southern National Bank
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Savings

Saving money is a good idea. We recognize the importance of saving no matter what your age or what the reason. Whether you’re saving for a rainy day or for a big purchase – we have accounts to help make it a little easier.

If you're looking for a good, simple place to start saving, our Statement Savings account is just for you. This account is perfect for savers of all ages, including kids. We'll even help students build their balance along the way by paying for good grades!

  • Interest bearing with low minimum balance requirement
  • Interest credited annually
  • Free Online Banking
  • Free telephone banking
  • Free ATM card
  • Free combined online statement when tied to a checking account
  • Three free withdrawals per calendar month, excess debits $2 each
  • No minimum balance fee for children and students 18 and under
  • No minimum balance fee for balances above $100; otherwise $3 fee per calendar month
  • A $100 deposit will open this account – this is waived for children and students
Open an Account

First Southern will deposit $1.00 into a First Southern Statement Savings account for every “A” a student makes on his or her report card, up to $10 per grading period. Students should bring their report card to any First Southern branch to redeem.

Open an Account

No matter what the reason, it is always a good idea to save. Get yourself on the fast track to saving for life’s big events by setting up weekly, bi-weekly or monthly automatic transfers to your Club Savings Account from your First Southern checking or savings account. Club accounts may be opened any time of year, regardless of maturity / transfer date.

Club Account TypeMaturity / Transfer Date
Christmas Clubmid- October
Vacation Clubmid- May
Spring Break Clubmid- February
  • Attractive interest rate, credited annually
  • No minimum balance or monthly service fee
  • Regular automatic transfers from your checking account in $5 increments. Minimum transfers are $5 weekly, $10 bi-weekly or $20 monthly, with a maximum deposit of $1,000 per month.
  • Free Online Banking
  • Free telephone banking
  • Account information and activity included with your monthly checking or savings account statement

Having a Health Savings Account (HSA) at First Southern is smart and simple. An HSA is a tax-exempt account established exclusively for paying qualified medical expenses. There are many reasons why an HSA is good for you and your family:

  • The funds deposited into your account are not federally taxed, nor is the interest you earn on the account balance.
  • Use funds deposited into your HSA to pay for current and future medical expenses for yourself, your spouse or your dependents using your special HSA debit card or transfer funds to your checking account to pay for or reimburse yourself for payment of qualified expenses.
  • This is not a “use it or lose it” type of account. You may accumulate your unused balance and interest without limit and access the funds in subsequent years.

A First Southern HSA:

  • Earns interest regardless of your balance; interest credited monthly
  • Comes with a free Visa debit card with an unlimited number of transactions
  • No annual fee or monthly maintenance fee
  • Free Online Banking and bill pay
  • Free telephone banking
  • Common questions for families

Have questions about how an HSA would work for you and your family? We’ve compiled some of the most commonly asked questions to help.

Our standard Money Market account provides tiered interest rates and a low minimum balance requirement. Plus, you’ll always have easy access to your funds when you need them.

  • Tiered interest rate is credited monthly
  • Six transfers permitted per statement cycle; $10 excess debit / check fee per transfer over six
  • No minimum balance fee when $2,500 or more is kept in the account; $15 monthly fee if balance falls below $2,500
  • Visa ATM / debit card
  • Free online banking and bill pay
  • Free online statement with check images
  • Free telephone banking

This offers the same benefits as our Money Market account except that it pays a premium interest rate to customers who continually maintain a balance of more than $50,000.

  • Tiered interest rate is credited monthly and offers higher rates for higher balances
  • Six transfers permitted per statement cycle; $10 excess debit / check fee per transfer over six
  • No minimum balance fee when $2,500 or more is kept in the account; $15 monthly fee if balance falls below $2,500
  • Visa ATM / debit card
  • Free online banking and bill pay
  • Free Online Statement with check images
  • Free telephone banking

A First Southern deposit expert will help analyze your needs, explain your options and answer your questions.

Open your new account online now!