First Command Bank CD and money market rates
First Command Bank's Money Market Savings Account lists 0.70% APY on balances of $100,000 or more, and 0.05% to 0.30% below that. On a $10,000 balance the account earns 0.15% overall, about $15 in a year, which is 0.23 percentage points below the national savings average of 0.38% (FDIC, Oct 2026).
First Command Bank at a glance
| Savings | |
|---|---|
| Top savings APY | Up to 0.70% · Money Market Savings Account · needs at least $100,000 |
| Minimum to open | $25 · Money Market Savings Account |
| Against the national average | 0.32 percentage points above the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | Up to 3.50% · 6 months · 182 Day CD · needs at least $100,000 |
| Minimum to open | $1,000 · 6 months CD |
| Against the national average | 2.11 percentage points above the 1.39% FDIC 6-month CD average (Oct 2026) |
| Money market | |
| Top money market APY | Up to 0.70% · Money Market Savings Account · needs at least $100,000 |
| Minimum to open | $25 · Money Market Savings Account |
| Against the national average | 0.07 percentage points above the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 34415 · Fort Worth, TX |
|---|---|
| Website | www.firstcommand.com |
| Branches | 1 branch in TX |
| Availability | Available in TX |
First Command Bank CD and money market rates
Personal
How the rate applies
How the rate applies
IRA
How the rate applies
Rates are annual percentage yields (APY). A variable rate may change after the account is opened. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal.
The national savings average is 0.38% (FDIC, Oct 2026). The top tracked savings rate on Banksparency is 12.00%. Across 651 money market accounts from 582 banks in the Banksparency money market index, the median advertised rate is 1.16%, and one account in ten advertises 3.15% or more. See the highest savings rates.
First Command Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 1 months | 0.35% | $1,000 | 30 Day CD |
| 3 months | 0.30% | $1,000 | 90 Day CD |
| 6 months | Up to3.50%Needs at least $100,000 | $1,000 | 182 Day CD |
| 12 months | 0.85% | $1,000 | 1 Year CD |
| 18 months | 2.50%On balances under $100,000 · 2.00% above | $1,000 | 18 Month CD |
| 24 months | Up to3.00%Needs at least $100,000 | $1,000 | 2 Year CD |
| 36 months | Up to3.00%Needs at least $100,000 | $1,000 | 3 Year CD |
| 48 months | Up to3.00%Needs at least $100,000 | $1,000 | 4 Year CD |
| 60 months | Up to3.00%Needs at least $100,000 | $1,000 | 5 Year CD |
| IRA CDs | |||
| 1 months | 0.35% | $1,000 | 30 Day IRA CD |
| 3 months | 0.30% | $1,000 | 90 Day IRA CD |
| 6 months | Up to3.50%Needs at least $100,000 | $1,000 | 182 Day IRA CD |
| 12 months | 0.85% | $1,000 | 1 Year IRA CD |
| 18 months | 2.50%On balances under $100,000 · 2.00% above | $1,000 | 18 Month IRA CD |
| 24 months | Up to3.00%Needs at least $100,000 | $1,000 | 2 Year IRA CD |
| 36 months | Up to3.00%Needs at least $100,000 | $1,000 | 3 Year IRA CD |
| 48 months | Up to3.00%Needs at least $100,000 | $1,000 | 4 Year IRA CD |
| 60 months | Up to3.00%Needs at least $100,000 | $1,000 | 5 Year IRA CD |
What First Command 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 0.70% needs a balance of at least $100,000. Below that, the account advertises 0.05%.
In Q2 2026, First Command Bank paid a higher average rate on savings and money market deposits than 12% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- First Command 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 |
|---|---|---|---|---|---|---|---|---|
| Money Market Savings Account | Up to 0.70% | $25 | $0 | None | not stated | not stated | Tiered |
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 |
|---|---|---|---|---|---|
| Personal CDs | |||||
| 30 Day CD | 1 months | 0.35% | $1,000 | not stated | not stated |
| 90 Day CD | 3 months | 0.30% | $1,000 | not stated | not stated |
| 182 Day CD | 6 months | Up to 3.50% | $1,000 | not stated | not stated |
| 1 Year CD | 12 months | 0.85% | $1,000 | not stated | not stated |
| 18 Month CD | 18 months | 2.50% | $1,000 | not stated | not stated |
| 2 Year CD | 24 months | Up to 3.00% | $1,000 | not stated | not stated |
| 3 Year CD | 36 months | Up to 3.00% | $1,000 | not stated | not stated |
| 4 Year CD | 48 months | Up to 3.00% | $1,000 | not stated | not stated |
| 5 Year CD | 60 months | Up to 3.00% | $1,000 | not stated | not stated |
| IRA CDs | |||||
| 30 Day IRA CD | 1 months | 0.35% | $1,000 | not stated | not stated |
| 90 Day IRA CD | 3 months | 0.30% | $1,000 | not stated | not stated |
| 182 Day IRA CD | 6 months | Up to 3.50% | $1,000 | not stated | not stated |
| 1 Year IRA CD | 12 months | 0.85% | $1,000 | not stated | not stated |
| 18 Month IRA CD | 18 months | 2.50% | $1,000 | not stated | not stated |
| 2 Year IRA CD | 24 months | Up to 3.00% | $1,000 | not stated | not stated |
| 3 Year IRA CD | 36 months | Up to 3.00% | $1,000 | not stated | not stated |
| 4 Year IRA CD | 48 months | Up to 3.00% | $1,000 | not stated | not stated |
| 5 Year IRA CD | 60 months | Up to 3.00% | $1,000 | not stated | not stated |
Fine print for 2 CDs above: The bank states this term as 30 days.
Fine print for 2 CDs above: The bank states this term as 90 days.
Fine print for 2 CDs above: The bank states this term as 182 days.
Fine print for 2 CDs above: The stated APY applies to balances up to $99,999.99. Balances of $100,000 and above earn a lower rate on this term.
Opening and using the account
| Availability | Available in TX |
|---|---|
| Footprint | 1 branch in TX |
| Eligibility | not stated |
How First Command Bank behaves over time
- Rate last changed
- Aug 26, 2026(effective date)
$10,000 in First Command Bank's Money Market Savings Account earns 0.15% overall at the advertised rates, so it grows to $10,015 in a year. Prices rose 3.7% in the year to September 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,654 does today. See how the federal funds rate shapes savings rates.
First Command Bank CD rates over time
Who is First Command Bank?
| Headquarters | Fort Worth, TX |
|---|---|
| Founded | 1997 |
| Scale | $1.1B assets · $966M deposits, $946M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 34415 |
| Charter state | Texas · one of 349 insured banks chartered there (Q2 2026, FDIC) |
| Size | 924th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 40% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What First Command Bank pays on deposits above.
Common questions about First Command Bank
Is First Command Bank FDIC insured?
Yes. First Command Bank is FDIC insured under certificate 34415, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at First Command Bank?
First Command Bank requires a minimum deposit of $25 to open its Money Market Savings Account, as observed on Nov 2, 2026. Check the bank's current terms before you open an account.
Does the 0.70% apply to my whole balance?
The 0.70% needs a balance of at least $100,000. Below that, the account advertises 0.05%. Rates are as observed on Nov 2, 2026.
Does First Command Bank have branches?
Yes. First Command Bank operates 1 branch according to FDIC branch records, in addition to its website and mobile apps.
First Command Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| First Command Bank | Up to0.70% | 0.44% | $25 | 1 branch in TX |
| Ashton State Bank | Up to0.70% | not stated | not stated | 1 branch in IA |
| Brunswick State Bank | Up to0.70% | 2.91% | $10 | 3 branches in NE |
| Raritan State Bank | 0.70% | 1.27% | $10 | 3 branches in IL |
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 First Command Bank's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Texas, nearest to First Command Bank in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: banks in Texas.