1st National Bank savings, CD and money market rates
1st National Bank advertises up to 12.00% APY on its Ohio Homebuyers Plus Savings account. The 12.00% applies to balances up to $2,500. A larger balance earns 4.00% on the whole amount.
On a $10,000 balance the account earns 3.30% overall, about $330 in a year, which is 2.93 percentage points above the national savings average of 0.37% (FDIC, Sep 2026).
Ranked #1 of 2927 tracked savings rates by advertised APY. For a $10,000 balance it would rank #129.
1st National Bank at a glance
| Savings | |
|---|---|
| Top savings APY | Up to 12.00% · Ohio Homebuyers Plus Savings · up to $2,500 only |
| Minimum to open | $500 · Ohio Homebuyers Plus Savings |
| Against the national average | 11.63 percentage points above the 0.37% FDIC savings average (Sep 2026) |
| CDs | |
| Top CD APY | 2.90% · 11 months · 11 Month CD |
| Minimum to open | $1,000 · 11 months CD |
| Against the national average | 1.17 percentage points above the 1.73% FDIC 12-month CD average (Sep 2026) |
| Money market | |
| Top money market APY | Up to 2.75% · Money Market Account · needs at least $100,000 |
| Minimum to open | $1 · Money Market Account |
| Against the national average | 2.12 percentage points above the 0.63% FDIC money market average (Sep 2026) |
| FDIC certificate | 6646 · Lebanon, OH |
|---|---|
| Website | www.bankwith1st.com |
| Branches | 8 branches in OH |
| Availability | Available in OH |
1st National Bank savings, CD and money market rates
How the rate applies
How the rate applies
How the rate applies
Rates are APY. The national savings average is 0.37% (FDIC, Sep 2026). The top tracked savings rate on Banksparency is 12.00%. Across 60 savings accounts from 59 banks in the Banksparency core savings index, the median advertised rate is 3.65%, and one account in ten advertises 4.16% or more. See the highest savings rates.
1st National Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| 5 months | 2.85% | $1,000 | 5 Month CD |
| 11 months | 2.90% | $1,000 | 11 Month CD |
Interactive Tool
Calculate Savings for 1st National Bank
All calculations are based on APY.
Tiered rates: 3.30% to 12.00% APY across 4 balance tiers.
Savings Breakdown
- Interest Earned+$1,394.30(9.1%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,394.30
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What 1st National Bank pays on deposits
FDIC call report data
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
The two figures answer different questions, so they sit side by side and are not combined. The 12.00% applies to balances up to $2,500. A larger balance earns 4.00% on the whole amount.
In Q2 2026, 1st National Bank paid a higher average rate on savings and money market deposits than 72% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- 1st National Bank, savings and money market
- All-bank median
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Ohio Homebuyers Plus Savings | Up to 12.00% | $500 | $0 | $2,500 | not stated | not stated | Tiered | |
| Fine print: Offered through the Ohio Homebuyer Plus program to Ohio residents saving to buy a home. The funds may be used only toward the down payment or closing costs of a home in Ohio that becomes the primary residence. The account must be used within 5 years, and the balance cannot exceed $100,000. | ||||||||
| Simple Savings | Up to 0.50% | $5 | $0 | None | No monthly maintenance fee with min. balance of $500 | not stated | Tiered | |
| Fine print: A monthly maintenance fee applies unless a minimum balance of $500 is kept. Seniors and minors pay no monthly service fee. | ||||||||
| Money Market Account | Up to 2.75% | $1 | $0 | None | $15.00 monthly maintenance fee if the daily balance falls below $2,500 | not stated | Tiered | |
| Fine print: The monthly maintenance fee is waived when the daily balance is at least $2,500. | ||||||||
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
CDs
| Product | Term | APY | Min to open | Early withdrawal fee | Compounding |
|---|---|---|---|---|---|
| 5 Month CD | 5 months | 2.85% | $1,000 | not stated | not stated |
| 11 Month CD | 11 months | 2.90% | $1,000 | not stated | not stated |
Fine print for 2 CDs above: A higher rate applies when the customer qualifies for relationship pricing.
Opening and using the account
| Availability | Available in OH |
|---|---|
| Footprint | 8 branches in OH |
| Eligibility | Be an Ohio resident at least 18 years of age. Have your primary residence located in the State of Ohio. |
How 1st National Bank behaves over time
- 12-month high
- 12.00%
- 12-month low
- 6.00%
- Advertised now
- 12.00%
- At the 12-month high
The advertised Ohio Homebuyers Plus Savings rate, observed through Oct 13, 2026. The series includes promotional tiers where one applied.
- 11 months CD
- The same as 7 days ago.
- Rate last changed
- Oct 9, 2026(effective date)
$10,000 in 1st National Bank's Ohio Homebuyers Plus Savings earns 3.30% overall at the advertised rates, so it grows to $10,330 in a year. Prices rose 3.4% in the year to August 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,990 does today. See how the federal funds rate shapes savings rates.
- Ohio Homebuyers Plus Savings APY
- Banksparency savings index
1st National Bank CD rates over time
Who is 1st National Bank?
| Headquarters | Lebanon, OH |
|---|---|
| Founded | 1907 |
| Scale | $247M assets · $214M deposits, $149M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 6646 |
| Charter state | Ohio · one of 157 insured banks chartered there (Q2 2026, FDIC) |
| Size | 2,684th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 7% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What 1st National Bank pays on deposits above.
Common questions about 1st National Bank
Is 1st National Bank FDIC insured?
Yes. 1st National Bank is FDIC insured under certificate 6646, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at 1st National Bank?
1st National Bank requires a minimum deposit of $500 to open its Ohio Homebuyers Plus Savings account, as observed on Oct 13, 2026. Check the bank's current terms before you open an account.
Does the 12.00% apply to my whole balance?
The 12.00% applies to balances up to $2,500. A larger balance earns 4.00% on the whole amount. Rates are as observed on Oct 13, 2026.
Does 1st National Bank have branches?
Yes. 1st National Bank operates 8 branches according to FDIC branch records, in addition to its website and mobile apps.
1st National Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| 1st National Bank | Up to12.00% | 2.05% | $500 | 8 branches in OH |
| The First National Bank of Pandora | 5.50% | 1.58% | $500 | 7 branches in OH |
| Independence State Bank | 5.30% | 0.96% | $0 | 3 branches in WI |
| Fidelity Bank & Trust | Up to5.12% | 1.00% | $50 | 36 branches in IA, IL, MN, WI |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to 1st National Bank's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Ohio, nearest to 1st National Bank in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: savings rates in Ohio, money market rates in Ohio, and banks in Ohio.