Are you wondering how to open a savings account in Blacksburg, Virginia? First Bank has convenient personal and business savings account options built to meet your needs. But not all savings accounts are alike. The first step for how to open a savings account is determining what type of account is best for you.
First Bank has three personal savings account options. All accounts include free online and mobile banking, free online bill pay, and free eStatements or paper statements.
First Bank also offers certificates of deposit (CDs), IRAs, and health savings accounts (HSA). Once you have determined which account option works for you, you can open your account and start saving.
If you are wondering how to open a savings account for your Blacksburg, VA business, First Bank can help. We offer certificates of deposit (CDs) and two types of accounts designed to help your business save.
The Business Savings account is an interest-earning account that features two withdrawals per month with no First Bank fees. The Money Market account is a long-term account option with interest and includes six withdrawals per month free of First Bank fees. We also offer certificates of deposit (CDs) for businesses at great rates with flexible terms.
Visit our banking experts at our Blacksburg, VA location and find out how to open a savings account today.
Account holders may avoid the Monthly Maintenance Fee by meeting any of the requirements listed in the Keep it Fee FreeTM section of the account summary table for their account type. Other account service fees may apply as described in the Account Services Fee Schedule available on our website at fees or at your local branch. Federal regulations limit withdrawals or preauthorized transfers to six (6) per month, including checks, drafts, online transfers, telephone transfers and debit card purchases. You may conduct an unlimited number of withdrawals at the ATM, in person at a branch, or by mail when the check is mailed to you.
Savings Account customer can make two free withdrawals per month. There is a $2 fee for each additional withdrawal. Money Market customers can make six (6) free withdrawals per month. For each excessive transaction during a statement cycle, there is a fee of $15. While First Bank does not charge for mobile banking, your mobile carriers message and data rates may apply. Free ATM network includes First Bank, First Bank of Virginia, CashPoints® and MoneyPass® terminals. Out of network terminal owners may charge a service fee.