FirstOak Bank CD and money market rates
FirstOak Bank advertises up to 0.25% APY on its Money Market account. The 0.25% needs a balance of at least $100,000. Below that, the account advertises 0.15%.
On a $10,000 balance the account earns 0.15% overall, about $15 in a year, which is 0.22 percentage points below the national savings average of 0.37% (FDIC, Sep 2026).
FirstOak Bank at a glance
| Savings | |
|---|---|
| Top savings APY | Up to 0.25% · Money Market · needs at least $100,000 |
| Minimum to open | $2,500 · Money Market |
| Against the national average | 0.12 percentage points below the 0.37% FDIC savings average (Sep 2026) |
| CDs | |
| Top CD APY | 1.06% · 60 months · 60 Month CD |
| Minimum to open | not stated · 60 months CD |
| Against the national average | 0.32 percentage points below the 1.38% FDIC 60-month CD average (Sep 2026) |
| Money market | |
| Top money market APY | Up to 0.25% · Money Market · needs at least $100,000 |
| Minimum to open | $2,500 · Money Market |
| Against the national average | 0.38 percentage points below the 0.63% FDIC money market average (Sep 2026) |
| FDIC certificate | 4660 · Independence, KS |
|---|---|
| Website | www.firstoakbank.com |
| Branches | 4 branches in CO, KS |
| Availability | Available in CO, KS |
FirstOak Bank CD and money market rates
How the rate applies
Rates are APY. The national savings average is 0.37% (FDIC, Sep 2026). The top tracked savings rate on Banksparency is 12.00%. Across 562 money market accounts from 502 banks in the Banksparency money market index, the median advertised rate is 1.08%, and one account in ten advertises 3.04% or more. See the highest savings rates.
FirstOak Bank CD rates
| Term | APY | Minimum | Product |
|---|---|---|---|
| 3 months | 0.55% | not stated | 3 Month CD |
| 6 months | 0.60% | not stated | 6 Month CD |
| 12 months | 0.65% | not stated | 12 Month CD |
| 18 months | 0.70% | not stated | 18 Month CD |
| 24 months | 0.75% | not stated | 24 Month CD |
| 30 months | 0.80% | not stated | 30 Month CD |
| 36 months | 0.85% | not stated | 36 Month CD |
| 48 months | 0.95% | not stated | 48 Month CD |
| 60 months | 1.06% | not stated | 60 Month CD |
What FirstOak 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 0.25% needs a balance of at least $100,000. Below that, the account advertises 0.15%.
In Q2 2026, FirstOak Bank paid a higher average rate on savings and money market deposits than 17% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
- FirstOak 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 | Up to 0.25% | $2,500 | $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 |
|---|---|---|---|---|---|
| 3 Month CD | 3 months | 0.55% | not stated | not stated | not stated |
| 6 Month CD | 6 months | 0.60% | not stated | not stated | not stated |
| 12 Month CD | 12 months | 0.65% | not stated | not stated | not stated |
| 18 Month CD | 18 months | 0.70% | not stated | not stated | not stated |
| 24 Month CD | 24 months | 0.75% | not stated | not stated | not stated |
| 30 Month CD | 30 months | 0.80% | not stated | not stated | not stated |
| 36 Month CD | 36 months | 0.85% | not stated | not stated | not stated |
| 48 Month CD | 48 months | 0.95% | not stated | not stated | not stated |
| 60 Month CD | 60 months | 1.06% | not stated | not stated | not stated |
Opening and using the account
| Availability | Available in CO, KS |
|---|---|
| Footprint | 4 branches in CO, KS |
| Eligibility | not stated |
How FirstOak Bank behaves over time
- 60 months CD
- The same as 7 days ago.
- Rate last changed
- Sep 9, 2026(effective date)
$10,000 in FirstOak Bank's Money Market earns 0.15% overall at the advertised rates, so it grows to $10,015 in a year. Prices rose 3.4% in the year to August 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $9,686 does today. See how the federal funds rate shapes savings rates.
FirstOak Bank CD rates over time
Who is FirstOak Bank?
| Headquarters | Independence, KS |
|---|---|
| Founded | 1881 |
| Scale | $241M assets · $212M deposits, $148M of it interest-bearing (Q2 2026, FDIC) |
| Deposit insurance | FDIC insured · Certificate 4660 |
| Charter state | Kansas · one of 185 insured banks chartered there (Q2 2026, FDIC) |
| Size | 2,689th-largest by deposits of 4,238 insured banks (Q2 2026, FDIC) |
| Deposit growth | Higher than at 11% of 4,226 insured banks over the four quarters to Q2 2026 (FDIC) |
Financial detail is in What FirstOak Bank pays on deposits above.
Common questions about FirstOak Bank
Is FirstOak Bank FDIC insured?
Yes. FirstOak Bank is FDIC insured under certificate 4660, so deposits are covered up to $250,000 per depositor, per ownership category.
What is the minimum deposit at FirstOak Bank?
FirstOak Bank requires a minimum deposit of $2,500 to open its Money Market account, as observed on Oct 7, 2026. Check the bank's current terms before you open an account.
Does the 0.25% apply to my whole balance?
The 0.25% needs a balance of at least $100,000. Below that, the account advertises 0.15%. Rates are as observed on Oct 7, 2026.
Does FirstOak Bank have branches?
Yes. FirstOak Bank operates 4 branches according to FDIC branch records, in addition to its website and mobile apps.
FirstOak Bank against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| FirstOak Bank | Up to0.25% | 0.59% | $2,500 | 4 branches in CO, KS |
| Adrian Bank | 0.25% | 1.02% | $100 | 3 branches in MO |
| Alliance Community Bank | 0.25% | 0.56% | $100 | 6 branches in IL |
| Anderson Brothers Bank | 0.25% | 2.57% | $50 | 27 branches in SC |
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 FirstOak Bank's.
Similar banks and related pages
Banks in the same rate band with the same product mix:
Other banks chartered in Kansas, nearest to FirstOak Bank in deposits:
Rate hubs: today's highest savings rates, CD rates by term, and money market rates.
State pages: banks in Kansas, money market rates in Colorado, and banks in Colorado.