First-Citizens Bank & Trust Company: Savings Account, Money Market & Rates

Updated: 8/21/2026

Mission: Banksparency aims to make First-Citizens Bank & Trust Company's deposit accounts transparent and comparable to the market.

Interest rates reported as APY

Analysis of First-Citizens Bank & Trust Company

Our verdict

First-Citizens Bank & Trust Company offers a money market account paying 0.15% APY with a $500 minimum deposit.

At 0.15% APY, First-Citizens Bank & Trust Company pays below the national money market average of 0.63%.

Additional Accounts

Online Savings Account, a savings account at 0.10% APY.

Ideal User Profile

Best for: simple saving without extra requirements and having a branch nearby when you need one.

Important Considerations

No app ratings available for this bank.

iOS app rating is not available.

Android app rating is not available.

Key Differentiators

Stands out with A+ BBB rating, in-person banking available.

Deposit Accounts Overview

Online Savings Account

Savings

0.10% APY

Min: $50 Online Only

Rank #254 of 337 tracked.

Money Market Account

Money Market

0.15% APY

Min: $500 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

Also see affiliated bank: CIT Bank

View products

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

Bank Overview

HQ LocationRaleigh, NC
Ratings & Trust
A+BBB Not BBB Accredited (Information provided is for First Citizens Bank & Trust Company)
Deposit InsuranceFDIC Insured(Cert: 11063)

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.

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FDIC Insured

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FDIC Insured

Savings3.20%APY

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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 Account Offered by First-Citizens Bank & Trust Company

Feature	Online Savings Account
APY	0.10%Verified: 8/21/2026
APY Trend	N/A
Min. Deposit	$50
Min. Balance	$50
Monthly Fee	N/A
Direct Deposit	None
Checking Bundle	No
In-Branch Access	No
Compounding	Daily
FDIC Insured	Yes
Eligibility	United States
Next Steps	-

Interactive Tool

Calculate Savings for First-Citizens Bank & Trust Company

All calculations are based on APY.

Selected product

Online Savings Account0.10% APY

Initial deposit

Recurring deposit

Frequency

Duration

Savings Breakdown

Interest Earned
+$37.30(0.3%)
Total Contributions
$13,000
Initial Deposit
$1,000

Projected Balance

$14,037.30

Effective APY

0.10%

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

First-Citizens Bank & Trust Company Deposit Rates Over Time

No historical data available.

Compare with First-Citizens Bank & Trust Company

Feature	Current View First-Citizens Bank & Trust Company	Empty Slot
Product	Online Savings Account	-
APY	0.10%Verified: 8/21/2026	-
APY Trend	N/A	-
Min. Deposit	$50	N/A
Monthly Fee	N/A	-
Direct Deposit	No	-
Checking Bundle	No	-
In-Branch Access	No	-
Eligibility	United States	-
Compounding	Daily	-
FDIC or NCUA Insured	Yes	-
Next Steps	-	-

Money Market Accounts Offered by First-Citizens Bank & Trust Company

Feature	Money Market Account
APY	0.15%Verified: 8/21/2026
Min. Deposit	$500
Min. Balance	$500
Monthly Fee	N/A
Direct Deposit	None
In-Branch Access	Yes
Compounding	N/A
FDIC Insured	Yes
Eligibility	United States

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