Last Updated: 04/18/2025
FirstBank Smart Choice College Money Market Savings
Unaffiliated
from FirstBank
Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
0.01% - 0.03%(Verified 06/21/2024)
Disclaimer popup with additional information
Minimum Balance to Earn APY
N/A
Minimum Opening Deposit
Starting at $0
FirstBank Smart Choice College Money Market Savings Review
FirstBank Smart Choice College Money Market Savings is offered by FirstBank, a bank founded in 1963 and based in Lakewood, CO. FirstBank Smart Choice College Money Market Savings are available in 3 states.
Key Takeaways
- Low annual percentage yield (APY). The maximum annual percentage yield for this account is only 0.03.
- No monthly maintenance fees. This account does not charge any monthly account fees.
- No minimum initial deposit. There is no minimum balance required to open an account.
Pros & Cons of FirstBank Smart Choice College Money Market Savings
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FirstBank Smart Choice College Money Market Savings FAQ
Are money market accounts from FirstBank federally insured?
Yes, your deposits are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
What are the interest rates for FirstBank Smart Choice College Money Market Savings rates?
FirstBank Smart Choice College 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).
| Rates | Amount |
| APY (Annualized Percentage Yield) | 0.01% - 0.03% |
What are the fees for FirstBank Smart Choice College Money Market Savings?
FirstBank Smart Choice College Money Market Savings does not charge a monthly maintenance fee.
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monthly Maintenance Fee | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Paper Statement Fee | Starting at $3 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NSF Fee | $34 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum balance for FirstBank Smart Choice College Money Market Savings?
No minimum initial deposit. FirstBank does not require a minimum initial deposit to open an account.
What features and perks does FirstBank Smart Choice College Money Market Savings offer?
This account includes the following features:
- Fraud monitoring - FirstBank monitors transactions for potentially fraudulent activity.
- Mobile Banking Services - FirstBank Smart Choice College Money Market Savings allows you to manage your money through online banking and a dedicated mobile app. This includes depositing checks in your account with your smartphone.
What is the customer service phone number?
The customer service number for this account is .
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.
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Hours of Operation
SundayClosedMonday9:00AM - 6:00PMTuesday9:00AM - 6:00PMWednesday9:00AM - 6:00PMThursday9:00AM - 6:00PMFriday9:00AM - 6:00PMSaturday9:00AM - 12:00PM
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Other Money Market Accounts from FirstBank
Rating not yet determined
APY (Annual Percentage Yield)
0.01%
Disclaimer popup with additional information
Minimum Balance to Earn APY
$500
Minimum Opening Deposit
Starting at $500
Rating not yet determined
APY (Annual Percentage Yield)
0.01% - 0.03%
Disclaimer popup with additional information
Minimum Balance to Earn APY
$0.01
Minimum Opening Deposit
Starting at $1K
SuperMoney Net Recommendation Score
Not enough SuperMoney users have reviewed this product to provide a recommendation score or rating.
+100
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Everyone recommends
FirstBank Smart Choice College Money Market Savings Community Reviews
Would you recommend FirstBank Smart Choice College Money Market Savings to your friends?
JB
Janna B.
Jul 13, 2023
May or may not recommend
The FirstBank Smart Choice College Money Market Savings account has been a great experience for me as a parent. The competitive interest rates have helped my savings grow steadily, while the flexibility and accessibility make it easy to manage. With no monthly maintenance fees and user-friendly online banking, it's a practical option for saving for my child's college education. Highly recommended for parents looking for ways to save money for ...Show More
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