First Community Bank of Hillsboro: Savings Accounts, CDs, Money Market & Rates

Updated: 8/15/2026

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

Interest rates reported as APY

Analysis of First Community Bank of Hillsboro

Our verdict

CD Analysis

First Community Bank of Hillsboro offers CDs paying up to 3.75% APY on its 6 months term, across 9 term lengths.

Tracking 17 active CD products, useful for locking in today's rate before further moves at the Fed.

Best CD use: locking in 3.75% APY for a 6 months term and laddering across multiple maturities.

First Community Bank of Hillsboro also offers a savings account paying 0.25% APY with no minimum deposit.

At 0.25% APY, First Community Bank of Hillsboro pays below the national savings average of 0.38%.

Additional Accounts

Money Market Savings, a money market account at 0.25% APY.
Christmas Club Account, a club savings account at 1.00% APY.
Summer Savings Club, a club savings account at 1.00% APY.

Ideal User Profile

Best for: simple saving without extra requirements.

IRA Analysis

First Community Bank of Hillsboro also offers an IRA savings account paying up to 0.20% APY.

Tracking 1 active IRA savings product, useful for tax-advantaged retirement savings.

Best IRA use: tax-advantaged retirement saving.

Important Considerations

Christmas Club Account is a club savings account. Designed for scheduled deposits toward a set payout date.

Summer Savings Club is a club savings account. Designed for scheduled deposits toward a set payout date.

No app ratings available for this bank.

iOS app rating is not available.

Android app rating is not available.

Deposit Accounts Overview

Christmas Club Account

Savings

1.00% APY

No Minimums Branch Access

Rank #153 of 337 tracked.

Christmas Club accounts can be opened only between October 15 and January 31.

Health Savings Account

Savings

1.00% APY

Tiered Range: 0.10% - 1.00%

No Minimums Branch Access

Rank #154 of 337 tracked.

Summer Savings Club

Savings

1.00% APY

No Minimums Branch Access

Rank #155 of 337 tracked.

Business Money Market

Savings

0.25% APY

Tiered Range: 0.20% - 0.25%

No Minimums Branch Access

Rank #201 of 337 tracked.

Savings Account

Savings

0.25% APY

No Minimums Branch Access

Rank #202 of 337 tracked.

Money Market Savings

Money Market

0.25% APY

Tiered Range: 0.20% - 0.25%

No Minimums Branch Access

TDOA IRA

IRA Savings

0.20% APY

Min: $25 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 LocationHillsboro, IL
Deposit InsuranceFDIC Insured(Cert: 34752)

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

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FDIC Insured

Quontic High Yield Savings

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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 Accounts Offered by First Community Bank of Hillsboro

Feature	Health Savings Account	Summer Savings Club	Christmas Club Account	Savings Account
APY	1.00%Range: 0.10% - 1.00%Verified: 8/15/2026	1.00%Verified: 8/15/2026	1.00%Verified: 8/15/2026	0.25%Verified: 8/15/2026
APY Trend	N/A	N/A	N/A	N/A
Min. Deposit	N/A	N/A	N/A	N/A
Min. Balance	N/A	$2	$2	$100
Monthly Fee	N/A	N/A	N/A	N/A
Direct Deposit	None	None	None	None
Checking Bundle	No	No	No	No
In-Branch Access	Yes	Yes	Yes	Yes
Compounding	monthly	monthly	monthly	monthly
FDIC Insured	Yes	Yes	Yes	Yes
Eligibility	United States	United States	United States	United States
Important	-	-	Christmas Club accounts can be opened only between October 15 and January 31.	-
Next Steps	-	-	-	-

Interactive Tool

Calculate Savings for First Community Bank of Hillsboro

All calculations are based on APY.

Choose savings account

Initial deposit

Recurring deposit

Frequency

Duration

Savings Breakdown

Interest Earned
+$377.30(2.6%)
Total Contributions
$13,000
Initial Deposit
$1,000

Projected Balance

$14,377.30

Effective APY

1.00%

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

First Community Bank of Hillsboro Deposit Rates Over Time

No historical data available.

Compare with First Community Bank of Hillsboro

Feature	Current View First Community Bank of Hillsboro	Empty Slot
Product		-
APY	0.10% - 1.00%Verified: 8/15/2026	-
APY Trend	N/A	-
Min. Deposit	N/A	N/A
Monthly Fee	N/A	-
Direct Deposit	No	-
Checking Bundle	No	-
In-Branch Access	Yes	-
Eligibility	United States	-
Compounding	monthly	-
FDIC or NCUA Insured	Yes	-
Next Steps	-	-

CD Overview

3.75% Highest APY

Across 17 CD products with terms: 48 months, 36 months, 30 months, 24 months, 18 months, 12 months, 6 months, 60 months, 3 months

CD Products Offered by First Community Bank of Hillsboro

Feature	3 Month CD 3 months	6 Month IRA 6 months	6 Month CD 6 months	12 Month IRA 12 months	12 Month CD 12 months	18 Month IRA 18 months	18 Month CD 18 months	24 Month IRA 24 months	24 Month CD 24 months	30 Month IRA 30 months	30 Month CD 30 months	36 Month IRA 36 months	36 Month CD 36 months	48 Month IRA 48 months	48 Month CD 48 months	60 Month CD 60 months	60 Month IRA 60 months
APY	0.10%Verified: 8/15/2026	3.75%Verified: 8/15/2026	3.75%Verified: 8/15/2026	0.20%Verified: 8/15/2026	0.20%Verified: 8/15/2026	3.05%Verified: 8/15/2026	3.05%Verified: 8/15/2026	0.25%Verified: 8/15/2026	0.25%Verified: 8/15/2026	0.30%Verified: 8/15/2026	0.30%Verified: 8/15/2026	0.40%Verified: 8/15/2026	0.40%Verified: 8/15/2026	0.50%Verified: 8/15/2026	0.50%Verified: 8/15/2026	0.70%Verified: 8/15/2026	0.70%Verified: 8/15/2026
Term	3 months	6 months	6 months	12 months	12 months	18 months	18 months	24 months	24 months	30 months	30 months	36 months	36 months	48 months	48 months	60 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
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
FDIC Insured	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes

First Community Bank of Hillsboro 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 Community Bank of Hillsboro

Feature	Money Market Savings
APY	0.25%Range: 0.20% - 0.25%Verified: 8/15/2026
Min. Deposit	N/A
Min. Balance	N/A
Monthly Fee	N/A
Direct Deposit	None
In-Branch Access	Yes
Compounding	monthly
FDIC Insured	Yes
Eligibility	United States

Alternatives to First Community Bank of Hillsboro

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Eligible States: Limited (see details)

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Platinum Money Market Account (Personal): 0.40% APY

Minimum Deposit: $0

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Minimum Deposit: $0

Business Savings: 0.15% APY

Minimum Deposit: $0

Small Business Money Market Account: 0.25% APY

Minimum Deposit: $0

Minor Savings: 0.15% APY

Minimum Deposit: $0

Freedom Savings Account: 3.00% APY

Minimum Deposit: $0

High Yield Savings: 0.40% APY

Minimum Deposit: $0

Choice Business Money Market Account: 0.25% APY

Minimum Deposit: $0

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Minimum Deposit: $0

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Cash Account: 3.95% APY

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Classic Savings: 1.00% APY

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Classic Money Market: 1.35% APY

Minimum Deposit: $2,000