First National Bank of Hereford savings, CD and money market rates
First National Bank of Hereford's Real Saver lists 3.03% APY on balances of $100,000 or less, and 2.52% on larger balances. That is 2.65 percentage points above the national savings average of 0.38% (FDIC, Oct 2026).
The rate needs a linked account at the bank.
Ranked #314 of 3134 tracked savings rates by advertised APY. For a $10,000 balance it would rank #183.
Estimate your earnings·What First National Bank of Hereford actually pays
First National Bank of Hereford at a glance
| Savings | |
|---|---|
| Top savings APY | 3.03% · Real Saver · $100,000 or less only · needs a linked account at the bank |
| Minimum to open | $100 · Real Saver |
| Against the national average | 2.65 percentage points above the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | 4.00% · 12 months · 365 Day CD |
| Minimum to open | $1,000 · 12 months CD |
| Against the national average | 2.24 percentage points above the 1.76% FDIC 12-month CD average (Oct 2026) |
| Money market | |
| Top money market APY | Up to 2.02% · Money Market · needs at least $50,000 |
| Minimum to open | $1,000 · Money Market |
| Against the national average | 1.39 percentage points above the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 34918 · Hereford, TX |
|---|---|
| Website | www.fnbhereford.com |
| Branches | 4 branches in TX |
| Availability | Available in TX |
First National Bank of Hereford savings, CD and money market rates
Personal
How the rate applies
How the rate applies
IRA
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 59 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.66%, and one account in ten advertises 4.20% or more. See the highest savings rates.
First National Bank of Hereford CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 1 months | 3.56% | $1,000 | 30 Day CD |
| 2 months | 3.55% | $1,000 | 60 Day CD |
| 3 months | 3.55% | $1,000 | 90 Day CD |
| 6 months | 3.79% | $1,000 | 180 Day CD |
| 12 months | 4.00% | $1,000 | 365 Day CD |
| 18 months | 3.72% | $1,000 | 18 Month Raise Your Rate CD (No Transaction Account) |
| 18 months | 3.96% | $1,000 | 18 Month Raise Your Rate CD (With Transaction Account) |
| 24 months | 3.53% | $1,000 | 2 Year CD |
| IRA CDs | |||
| 12 months | 4.04% | $100 | IRA - 1 Year |
| 18 months | 4.07% | $100 | IRA - 18 Month |
| 24 months | 3.53% | $100 | IRA - 2 Year |
Interactive Tool
Calculate Savings for First National Bank of Hereford
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$1,173.20(7.7%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,173.20
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What First National Bank of Hereford 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 3.03% applies to balances of $100,000 or less. A larger balance earns 2.52% on the whole amount.
In Q2 2026, First National Bank of Hereford paid a higher average rate on savings and money market deposits than 94% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- First National Bank of Hereford, 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 |
|---|---|---|---|---|---|---|---|---|
| Real Saver | 3.03% | $100 | $0 | $100,000 | not stated | Linked account at the bank | Tiered | |
| Fine print: The stated rate applies to the first $100,000 of the balance. A balance above that earns a lower rate. To earn the stated rate you must also hold a Reward Checking account at the bank and meet its rewards conditions each monthly qualification cycle: at least 10 debit card purchases, at least one direct deposit or ACH credit or ACH payment, and enrolment in eStatements. A balance that does not meet those conditions earns a lower rate. | ||||||||
| Regular Savings | 1.10% | $100 | $0 | None | not stated | not stated | One rate | |
| Fine print: Nine withdrawals are free each statement cycle. Each withdrawal above that is charged $1. | ||||||||
| Money Market | Up to 2.02% | $1,000 | $1,000 | None | not stated | not stated | Tiered | |
| Fine print: In-person and mail withdrawals are unlimited. Six other transactions are free each month, and each one above that is charged $5. | ||||||||
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 | 3.56% | $1,000 | not stated | not stated |
| 60 Day CD | 2 months | 3.55% | $1,000 | not stated | not stated |
| 90 Day CD | 3 months | 3.55% | $1,000 | not stated | not stated |
| 180 Day CD | 6 months | 3.79% | $1,000 | not stated | not stated |
| 365 Day CD | 12 months | 4.00% | $1,000 | not stated | not stated |
| 18 Month Raise Your Rate CD (No Transaction Account) | 18 months | 3.72% | $1,000 | not stated | not stated |
| Fine print: The rate can be stepped up to the bank's current 18-month rate one time during the term. | |||||
| 18 Month Raise Your Rate CD (With Transaction Account) | 18 months | 3.96% | $1,000 | not stated | not stated |
| Fine print: The rate can be stepped up to the bank's current 18-month rate one time during the term. This version of the certificate requires a transaction account at the bank. | |||||
| 2 Year CD | 24 months | 3.53% | $1,000 | not stated | not stated |
| IRA CDs | |||||
| IRA - 1 Year | 12 months | 4.04% | $100 | not stated | not stated |
| IRA - 18 Month | 18 months | 4.07% | $100 | not stated | not stated |
| IRA - 2 Year | 24 months | 3.53% | $100 | not stated | not stated |
Opening and using the account
| Availability | Available in TX |
|---|---|
| Footprint | 4 branches in TX |
| Eligibility | not stated |
How First National Bank of Hereford behaves over time
Every observation of the advertised Real Saver rate in the last 12 months was 3.03% (observed through Nov 12, 2026). The series includes promotional tiers where one applied.
Recent rate changes, as observed
- Obs. Oct 1, 2026180 Day CDRaise:3.53%to3.79%
- Obs. Oct 1, 2026365 Day CDRaise:3.75%to4.00%
- Obs. Sep 23, 2026365 Day CDRaise:3.50%to3.75%
- Obs. Sep 23, 20262 Year CDRaise:2.71%to3.53%
- Obs. Sep 23, 202618 Month Raise Your Rate CD (No Transaction Account)Raise:2.73%to3.72%
- Real Saver
- The same as 30 days ago.
- 12 months CD
- The same as 30 days ago.
$10,000 at the 3.03% APY First National Bank of Hereford advertises on Real Saver grows to $10,303 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 $9,932 does today. See how the federal funds rate shapes savings rates.
First National Bank of Hereford CD rates over time
Who is First National Bank of Hereford?
| Headquarters | Hereford, TX |
|---|---|
| Founded | 1999 |
| Scale | $345M assets · $294M deposits, $206M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 34918 |
| Charter state | Texas · one of 349 insured banks chartered there (Q2 2026, FDIC) |
| Size | 2,252nd-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 42% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What First National Bank of Hereford pays on deposits above.
Common questions about First National Bank of Hereford
Is First National Bank of Hereford FDIC insured?
Yes. First National Bank of Hereford is FDIC insured under certificate 34918, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at First National Bank of Hereford?
First National Bank of Hereford requires a minimum deposit of $100 to open its Real Saver account, as observed on Nov 12, 2026. Check the bank's current terms before you open an account.
Does the 3.03% apply to my whole balance?
The 3.03% applies to balances of $100,000 or less. A larger balance earns 2.52% on the whole amount. The rate needs a linked account at the bank. Rates are as observed on Nov 12, 2026.
Does First National Bank of Hereford have branches?
Yes. First National Bank of Hereford operates 4 branches according to FDIC branch records, in addition to its website and mobile apps.
First National Bank of Hereford against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| First National Bank of Hereford | 3.03% | 3.01% | $100 | 4 branches in TX |
| Green Belt Bank & Trust | 3.02% | 2.24% | $100 | 9 branches in IA |
| Home Bank, National Association | 3.04% | 2.05% | $5,000 | 44 branches in LA, MS, TX |
| Esquire Bank, National Association | 3.05% | 2.96% | $0 | 6 branches in CA, IL, NY |
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 National Bank of Hereford'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 National Bank of Hereford in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: savings rates in Texas, CD rates in Texas, money market rates in Texas, and banks in Texas.