
FirstBank Money Market Savings
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APY (Annual Percentage Yield) | 0.01% - 0.03% |
Minimum Balance to Earn APY | $0.01 |
Minimum Opening Deposit | Starting at $1,000 |
FirstBank Money Market Savings Review
FirstBank Money Market Savings is offered by FirstBank, founded in 1963 and based in Lakewood, CO. FirstBank Money Market Savings is available in 3 states across the USA.
- Low APY. The maximum annual percentage yield for this account is only 0.03.
- Charges a monthly fee. This account charges a monthly service fee of up to $10, but the fee is waived if you keep a minimum balance of $1,000.
- $1,000 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit.
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Are money market accounts from FirstBank federally insured?
No, your FirstBank money market accounts are not insured by a federal insurance agency. This means that if FirstBank were to fall into financial difficulties, your deposits are not covered by a government backed insurance fund like the FDIC or NCUSIF.
What are the interest rates for FirstBank Money Market Savings rates?
FirstBank Money Market Savings offers an APY starting at 0.01% and ranging up to 0.03% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $0.01.
Rates | Amount |
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APY (Annualized Percentage Yield) | 0.01% - 0.03% |
What are the fees for FirstBank Money Market Savings?
This account charges a monthly maintenance fee of up to $10. You can avoid this fee by maintaining a balance of $1,000.Fees | Amount |
---|---|
Monthly Fee | up to $10 |
Paper Statement Fee | $3 |
What is the minimum balance for FirstBank Money Market Savings?
Minimum deposit of $1,000. You must make an initial deposit of at least $1,000 to open this account.
Monthly maintenance fee waiver. You can avoid the monthly fee if you keep a balance of $1,000.
Interest rate minimum balance of $0.01. You must keep the account balance above $0.01 to earn interest.
What features and perks does FirstBank Money Market Savings offer?
This account includes the following features:
What is the support contact email?
The support contact email for this business credit card is banking@efirstbank.com.
How to open an account with FirstBank
- Visit the FirstBank 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.
Contact
- Headquarters
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12345 W. Colfax Ave.
Lakewood, CO 80215 USA - Visit Site
- Email Support
Other Services by FirstBank
Availability
- Arizona
- California
- Colorado
Feature Breakdown
Minimum Balance to Avoid Monthly Fee | Starting at $1,000 |
Minimum Balance to Earn APY | $0.01 |
Minimum Opening Deposit | Starting at $1,000 |
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