First Robinson Savings Bank, National Association savings, CD and money market rates
First Robinson Savings Bank, National Association's Kasasa Saver advertises 0.50% APY on balances of $15,000 or less. The bank states no rate for larger balances.
The rate needs a linked account at the bank. That is 0.12 percentage points above the national savings average of 0.38% (FDIC, Oct 2026).
Ranked #1190 of 3132 tracked savings rates by advertised APY. For a $10,000 balance it would rank #945.
Estimate your earnings·What First Robinson Savings Bank, National Association actually pays
First Robinson Savings Bank, National Association at a glance
| Savings | |
|---|---|
| Top savings APY | 0.50% · Kasasa Saver · $15,000 or less only · needs a linked account at the bank |
| Minimum to open | $1 · Kasasa Saver |
| Against the national average | 0.12 percentage points above the 0.38% FDIC savings average (Oct 2026) |
| CDs | |
| Top CD APY | 3.80% · 36 months · 36 Month CD |
| Minimum to open | $500 · 36 months CD |
| Against the national average | 2.41 percentage points above the 1.39% FDIC 36-month CD average (Oct 2026) |
| Money market | |
| Top money market APY | Up to 0.25% · Money Market Account · needs at least $25,000 |
| Minimum to open | $100 · Money Market Account |
| Against the national average | 0.38 percentage points below the 0.63% FDIC money market average (Oct 2026) |
| FDIC certificate | 28105 · Robinson, IL |
|---|---|
| Website | www.frsb.net |
| Branches | 5 branches in IL, IN |
| Availability | Available in IL, IN |
First Robinson Savings Bank, National Association savings, CD and money market rates
Personal
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 4.21% or more. See the highest savings rates.
First Robinson Savings Bank, National Association CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| Personal CDs | |||
| 3 months | 2.52% | $500 | 91 Day CD |
| 6 months | 3.03% | $500 | 182 Day CD |
| 12 months | 3.03% | $500 | 12 Month CD |
| 18 months | 3.29% | $500 | 18 Month CD |
| 24 months | 3.54% | $500 | 24 Month CD |
| 36 months | 3.80% | $500 | 36 Month CD |
| 48 months | 3.80% | $500 | 48 Month CD |
| 60 months | 3.80% | $500 | 60 Month CD |
| IRA CDs | |||
| 18 months | 2.27% | $500 | IRA-18 Month Fixed |
Interactive Tool
Calculate Savings for First Robinson Savings Bank, National Association
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$377.30(2.6%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$14,377.30
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
What First Robinson Savings Bank, National Association 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 0.50% applies to balances of $15,000 or less. The bank states no rate for the balance above that.
In Q2 2026, First Robinson Savings Bank, National Association paid a higher average rate on savings and money market deposits than 16% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- First Robinson Savings Bank, National Association, 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 |
|---|---|---|---|---|---|---|---|---|
| Christmas Club | 1.00% | $10 | $0 | None | not stated | not stated | One rate | |
| Fine print: The full balance is paid out in early November, by check or by deposit to a First Robinson Savings Bank account. All interest is forfeited on an early withdrawal. | ||||||||
| Kasasa Saver | 0.50% | $1 | $0 | $15,000 | not stated | Linked account at the bank | One rate | |
| Fine print: A linked Kasasa Cash checking account is required. The stated APY applies to daily balances up to $15,000, and the part of the balance above $15,000 earns a lower rate. The stated rate is earned in a monthly qualification cycle in which the linked Kasasa Cash account posts at least 10 debit card purchases and 1 direct deposit, ACH payment or bill pay transaction, with enrollment in eStatements. A cycle that misses the qualifications earns a lower base rate. | ||||||||
| Statement Savings | 0.10% | $100 | $0 | None | $3 quarterly service charge; avoid by maintaining a $100 minimum balance, can be waived | not stated | One rate | |
| Fine print: A $3 service charge applies each quarter when the balance falls below $100. Full-time students pay no service charge after they notify the bank of that status. | ||||||||
| Money Market Account | Up to 0.25% | $100 | $0 | None | not stated | not stated | Tiered | |
| Fine print: The monthly service charge is waived when the average balance is $1,000 or more. | ||||||||
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 | |||||
| 91 Day CD | 3 months | 2.52% | $500 | not stated | not stated |
| 182 Day CD | 6 months | 3.03% | $500 | not stated | not stated |
| 12 Month CD | 12 months | 3.03% | $500 | not stated | not stated |
| 18 Month CD | 18 months | 3.29% | $500 | not stated | not stated |
| 24 Month CD | 24 months | 3.54% | $500 | not stated | not stated |
| 36 Month CD | 36 months | 3.80% | $500 | not stated | not stated |
| 48 Month CD | 48 months | 3.80% | $500 | not stated | not stated |
| 60 Month CD | 60 months | 3.80% | $500 | not stated | not stated |
| IRA CDs | |||||
| IRA-18 Month Fixed | 18 months | 2.27% | $500 | not stated | not stated |
Opening and using the account
| Availability | Available in IL, IN |
|---|---|
| Footprint | 5 branches in IL, IN |
| Eligibility | not stated |
How First Robinson Savings Bank, National Association behaves over time
Every observation of the advertised Kasasa Saver rate in the last 12 months was 0.50% (observed through Nov 12, 2026). The series includes promotional tiers where one applied.
Recent rate changes, as observed
- Obs. Oct 7, 202691 Day CDCut:3.03%to2.52%
- Obs. Oct 7, 2026182 Day CDCut:3.28%to3.03%
- Obs. Oct 7, 202612 Month CDRaise:2.52%to2.78%
- Obs. Oct 7, 202618 Month CDRaise:2.27%to2.78%
- Obs. Oct 7, 202624 Month CDRaise:2.27%to2.78%
- Kasasa Saver
- The same as 30 days ago.
- 36 months CD
- Up 1.02 percentage points from 7 days ago.
$10,000 at the 0.50% APY First Robinson Savings Bank, National Association advertises on Kasasa Saver grows to $10,050 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 $9,688 does today. See how the federal funds rate shapes savings rates.
First Robinson Savings Bank, National Association CD rates over time
Who is First Robinson Savings Bank, National Association?
| Headquarters | Robinson, IL |
|---|---|
| Founded | 1884 |
| Scale | $512M assets · $409M deposits, $335M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 28105 |
| Charter state | Illinois · one of 325 insured banks chartered there (Q2 2026, FDIC) |
| Size | 1,802nd-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 65% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What First Robinson Savings Bank, National Association pays on deposits above.
Common questions about First Robinson Savings Bank, National Association
Is First Robinson Savings Bank, National Association FDIC insured?
Yes. First Robinson Savings Bank, National Association is FDIC insured under certificate 28105, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at First Robinson Savings Bank, National Association?
First Robinson Savings Bank, National Association requires a minimum deposit of $1 to open its Kasasa Saver account, as observed on Nov 12, 2026. Check the bank's current terms before you open an account.
Does the 0.50% apply to my whole balance?
The 0.50% applies to balances of $15,000 or less. The bank states no rate for the balance above that. The rate needs a linked account at the bank.
Does First Robinson Savings Bank, National Association have branches?
Yes. First Robinson Savings Bank, National Association operates 5 branches according to FDIC branch records, in addition to its website and mobile apps.
First Robinson Savings Bank, National Association against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| First Robinson Savings Bank, National Association | 0.50% | 0.56% | $1 | 5 branches in IL, IN |
| AbbyBank | 0.50% | 1.34% | $0 | 9 branches in WI |
| Adams State Bank | 0.50% | not stated | $25 | 1 branch in NE |
| Bank of Colorado | 0.50% | 1.53% | $200 | 60 branches in AZ, CO, NM |
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 Robinson Savings Bank, National Association's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Illinois, nearest to First Robinson Savings Bank, National Association in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: savings rates in Illinois, banks in Illinois, savings rates in Indiana, and money market rates in Indiana.