First Bank: Savings Accounts, CDs, Money Market & Rates

By Aviel Fahl

Updated: 8/21/2026

Mission: Banksparency aims to make First Bank's deposit accounts transparent and comparable to the market.

Interest rates reported as APY

Analysis of First Bank

Our verdict

CD Analysis

First Bank offers CDs paying up to 4.05% APY on its 13 months term, across 16 term lengths.

Tracking 18 active CD products, useful for locking in today's rate before further moves at the Fed.

Best CD use: locking in 4.05% APY for a 13 months term and laddering across multiple maturities.

First Bank also offers a high-yield savings account paying 2.75% APY with a $100 minimum deposit.

At 2.75% APY, First Bank pays 7x the national savings average of 0.38%.

Additional Accounts

Performance Money Market, a money market account at 0.02% APY.
Statement Savings, a savings account at 0.01% APY.
Thrive Credit Savings, a savings account at 0.01% APY.

Ideal User Profile

Best for: simple saving without extra requirements.

Important Considerations

No app ratings available for this bank.

iOS app rating is not available.

Android app rating is not available.

Deposit Accounts Overview

Kids Cash Savings

Savings Top 20 Rate

4.00% APY

Tiered Range: 0.01% - 4.00%

Min: $5 Branch Access

Rank #18 of 337 tracked.

Icon High-Yield Savings

Savings

2.75% APY

Min: $100 Branch Access

Rank #123 of 337 tracked.

Health Savings Account

Savings

0.03% APY

Min: $100 Branch Access

Rank #311 of 337 tracked.

Statement Savings

Savings

0.01% APY

Min: $100 Branch Access

Rank #333 of 337 tracked.

Thrive Credit Savings

Savings

0.01% APY

Min: $100 Branch Access

Rank #334 of 337 tracked.

Performance Money Market

Money Market

0.02% APY

Tiered Range: 0.01% - 0.02%

Min: $100 Branch Access

Market Reality Check

This institution offers rates below the top 10 savings and money market accounts we track. Those institutions all pay at least 4.01% APY.

See Top Rates

National Avg: 0.38% (FDIC, 8/1/2026).
Banksparency tracks live rates daily.

Bank Overview

HQ LocationSt. Louis, MO
Deposit InsuranceFDIC Insured(Cert: 12229)

Visit Official Website

Featured Offers

Axos ONE - High Yield Savings & Checking

Over 95,000 fee-free ATMs
Get paid up to 2 days early with Direct Deposit
One convenient app for spending & saving

FDIC Insured

Savings4.21%APY

Checking0.51%APY

Go to Axos Bank

FDIC or NCUA insured

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	0
Min. Balance in Savings Account	0
How to qualify for APY	OPTION ADirect Deposit $1,500+ AND Maintain $1,500+ avg daily checking balance. OR OPTION BDeposit $5,000+ total/mo AND Maintain $5,000+ avg daily checking balance.
Mobile Ratings	iOS:4.7 Android:4.5

The APY is available with the Axos ONE savings and checking bundle. The checking account also earns interest. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000.

EASY TRANSFERS, LOW MINIMUMS

SponsoredVerified Aug 19, 2026

FDIC Insured

Quontic High Yield Savings

Apply in 3 minutes or less
No monthly service fees
Transfer with Zelle, Apple Pay, G-Pay, and more

FDIC Insured

Savings3.20%APY

Go to Quontic Bank

FDIC or NCUA insured

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	10000
Min. Balance in Savings Account	0
Mobile Ratings	iOS:4.8 Android:4.9

Deposit Accounts: In-Depth View

Savings Accounts Offered by First Bank

Feature	Kids Cash Savings	Icon High-Yield Savings	Health Savings Account	Thrive Credit Savings	Statement Savings
APY	4.00%Range: 0.01% - 4.00%Verified: 8/21/2026	2.75%Verified: 8/21/2026	0.03%Verified: 8/21/2026	0.01%Verified: 8/21/2026	0.01%Verified: 8/21/2026
APY Trend	N/A	N/A	N/A	N/A	N/A
Min. Deposit	$5	$100	$100	$100	$100
Min. Balance	$0.01	$0.01	$0.01	N/A	N/A
Monthly Fee	N/A	N/A	N/A	N/A	N/A
Direct Deposit	None	None	None	None	None
Checking Bundle	No	No	No	No	No
In-Branch Access	Yes	Yes	Yes	Yes	Yes
Compounding	N/A	N/A	N/A	N/A	N/A
FDIC Insured	Yes	Yes	Yes	Yes	Yes
Eligibility	United States	United States	United States	United States	United States
Next Steps	-	-	-	-	-

Interactive Tool

Calculate Savings for First Bank

All calculations are based on APY.

Choose savings account

Initial deposit

Recurring deposit

Frequency

Duration

Savings Breakdown

Interest Earned
+$1,568.10(10.1%)
Total Contributions
$13,000
Initial Deposit
$1,000

Projected Balance

$15,568.10

Effective APY

4.00%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

First Bank Deposit Rates Over Time

No historical data available.

Compare with First Bank

Feature	Current View First Bank	Empty Slot
Product		-
APY	0.01% - 4.00%Verified: 8/21/2026	-
APY Trend	N/A	-
Min. Deposit	$5	N/A
Monthly Fee	N/A	-
Direct Deposit	No	-
Checking Bundle	No	-
In-Branch Access	Yes	-
Eligibility	United States	-
Compounding	N/A	-
FDIC or NCUA Insured	Yes	-
Next Steps	-	-

CD Overview

4.05% Highest APY

Across 18 CD products with terms: 4 months, 48 months, 36 months, 30 months, 24 months, 18 months, 12 months, 6 months, 1-3 months, 1 months, 40 months, 20 months, 13 months, 7 months, 3 months, 60 months

CD Products Offered by First Bank

Feature	30-89 Day CD (Standard) 1-3 months	7-29 Day CD (Standard) 1 months	3-Month CD 3 months	4-Month Promo CD 4 months	6-Month CD (Standard) 6 months	7-Month Promo CD 7 months	12-Month CD (Standard) 12 months	13-Month Promo CD 13 months	18-Month CD (Standard) 18 months	18-Month Variable Rate IRA 18 months	20-Month Promo CD 20 months	24-Month CD (Standard) 24 months	30-Month CD (Standard) 30 months	30-Month Promo CD 30 months	36-Month CD (Standard) 36 months	40-Month Promo CD 40 months	48-Month CD (Standard) 48 months	60-Month CD (Standard) 60 months
APY	0.05%Verified: 8/21/2026	0.05%Verified: 8/21/2026	2.00%Verified: 8/21/2026	3.70%Verified: 8/21/2026	1.00%Verified: 8/21/2026	3.90%Verified: 8/21/2026	1.00%Verified: 8/21/2026	4.05%Verified: 8/21/2026	0.15%Verified: 8/21/2026	3.79%Verified: 8/21/2026	3.25%Verified: 8/21/2026	0.20%Verified: 8/21/2026	0.25%Verified: 8/21/2026	2.85%Verified: 8/21/2026	0.35%Verified: 8/21/2026	2.75%Verified: 8/21/2026	0.45%Verified: 8/21/2026	0.50%Verified: 8/21/2026
Term	1-3 months	1 months	3 months	4 months	6 months	7 months	12 months	13 months	18 months	18 months	20 months	24 months	30 months	30 months	36 months	40 months	48 months	60 months
Min. Deposit	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000	$1,000
Early Withdrawal	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FDIC Insured	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Notes	-	-	-	-	-	-	-	-	-	Variable rate. The APY can change during the term.	-	-	-	-	-	-	-	-

First Bank CD Rates Over Time

Not enough rate history to show a chart. We have CD rates for this bank from one day only. The chart shows when we collect more data.

Money Market Accounts Offered by First Bank

Feature	Performance Money Market
APY	0.02%Range: 0.01% - 0.02%Verified: 8/21/2026
Min. Deposit	$100
Min. Balance	$0.01
Monthly Fee	N/A
Direct Deposit	None
In-Branch Access	Yes
Compounding	N/A
FDIC Insured	Yes
Eligibility	United States

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