Last Updated: 04/18/2025
First Bank Performance Money Market
Unaffiliated
in Money Market Accounts from First Bank
Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
Minimum Balance to Earn APY
Minimum Opening Deposit
First Bank Performance Money Market Review
Key Takeaways
- Low annual percentage yield (APY). The maximum annual percentage yield for this account is only 0.02.
- No APY minimum balance. There is no minimum amount you have to deposit to start earning interest with this money market account.
- Charges a monthly fee. This account charges a monthly fee of up to $10, but the fee may be waived if you keep a minimum balance of$1,000.
- Small minimum initial deposit. You only need $100 to open an account.
Pros & Cons of First Bank Performance Money Market
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First Bank Performance Money Market FAQ
Are money market accounts from First Bank federally insured?
What are the interest rates for First Bank Performance Money Market rates?
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.01% - 0.02% |
What are the fees for First Bank Performance Money Market?
This account charges a monthly maintenance fee of up to $10. You can avoid this fee by maintaining a balance of $1,000.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Service Fee | $0 - $10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for First Bank Performance Money Market?
What features and perks does First Bank Performance Money Market offer?
- Fraud monitoring - First Bank monitors transactions for potentially fraudulent activity.
- Mobile Banking Services - First Bank Performance Money Market allows you to manage your money through online banking and a dedicated mobile app.
How to open an account with First Bank
- Visit the First Bank website.
- Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
- Check the information is accurate and submit your application.
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