Online Banking

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Rates

Checking*


Minimum Opening DepositMinimum Balance to Obtain Annual Percentage YieldInterest RateAnnual Percentage Yield



50+ Interest Checking

Minimum Opening Deposit


$50.00

Minimum Balance to Obtain Annual Percentage Yield



Interest Rate


0.05%

Annual Percentage Yield


0.05%



Southern Advantage $0 -$2,499

Minimum Opening Deposit


$50.00

Minimum Balance to Obtain Annual Percentage Yield



Interest Rate


0.05%

Annual Percentage Yield


0.05%



Southern Advantage $2,500 & Above

Minimum Opening Deposit


$2,500

Minimum Balance to Obtain Annual Percentage Yield


$2,500.00

Interest Rate


0.05%

Annual Percentage Yield


0.05%



Business Checking w/Interest $0 - $9,999

Minimum Opening Deposit


$50.00

Minimum Balance to Obtain Annual Percentage Yield



Interest Rate


0.05%

Annual Percentage Yield


0.05%



Business Checking w/Interest $10,000 & Above

Minimum Opening Deposit


$10,000.00

Minimum Balance to Obtain Annual Percentage Yield


$10,000.00

Interest Rate


0.05%

Annual Percentage Yield


0.05%



IOLTA Checking

Minimum Opening Deposit


$50.00

Minimum Balance to Obtain Annual Percentage Yield



Interest Rate


0.05%

Annual Percentage Yield


0.05%

Savings*


Minimum Opening DepositMinimum Balance to Obtain Annual Percentage YieldInterest RateAnnual Percentage Yield



Personal Savings

Minimum Opening Deposit


$25.00

Minimum Balance to Obtain Annual Percentage Yield


$25.00

Interest Rate


0.05%

Annual Percentage Yield


0.05%



First Choice Savings $0 - $24,999.99

Minimum Opening Deposit



Minimum Balance to Obtain Annual Percentage Yield



Interest Rate


0.05%

Annual Percentage Yield


0.05%



First Choice Savings $25,000 - $500,000

Minimum Opening Deposit


$25,000.00

Minimum Balance to Obtain Annual Percentage Yield


$25,000.00

Interest Rate


0.05%

Annual Percentage Yield


0.05%



First Choice Savings Over $500,000

Minimum Opening Deposit


$500,000.01

Minimum Balance to Obtain Annual Percentage Yield


$500,000.01

Interest Rate


0.05%

Annual Percentage Yield


0.05%

Money Market Account*


Minimum Opening DepositMinimum Balance to Obtain Annual Percentage YieldInterest RateAnnual Percentage Yield



Money Market $500 - $49,999.99

Minimum Opening Deposit


$500.00

Minimum Balance to Obtain Annual Percentage Yield


$500.00

Interest Rate


0.05%

Annual Percentage Yield


0.05%



Money Market $50,000 - $99,999.99

Minimum Opening Deposit


$50,000.00

Minimum Balance to Obtain Annual Percentage Yield


$50,000.00

Interest Rate


0.05%

Annual Percentage Yield


0.05%



Money Market $100,000 - $249,999.99

Minimum Opening Deposit


$100,000.00

Minimum Balance to Obtain Annual Percentage Yield


$100,000.00

Interest Rate


0.05%

Annual Percentage Yield


0.05%



Money Market $250,000 & Above

Minimum Opening Deposit


$250,000.00

Minimum Balance to Obtain Annual Percentage Yield


$250,000.00

Interest Rate


0.05%

Annual Percentage Yield


0.05%



Premier Money Market

Minimum Opening Deposit


$100,000.00

Minimum Balance to Obtain Annual Percentage Yield


$100,000.00

Interest Rate


2.47%

Annual Percentage Yield


2.50%

Certificates of Deposit*

TermMinimum Opening DepositMinimum Balance to Obtain Annual Percentage YieldInterest RateAnnual Percentage Yield

Term


91 Day Certificate

Minimum Opening Deposit


$1,000.00

Minimum Balance to Obtain Annual Percentage Yield


$1,000.00

Interest Rate


0.05%

Annual Percentage Yield


0.05%

Term


182 Day Certificate

Minimum Opening Deposit


$1,000.00

Minimum Balance to Obtain Annual Percentage Yield


$1,000.00

Interest Rate


0.05%

Annual Percentage Yield


0.05%

Term


12 Month Certficate

Minimum Opening Deposit


$1,000.00

Minimum Balance to Obtain Annual Percentage Yield


$1,000.00

Interest Rate


0.15%

Annual Percentage Yield


0.15%

Term


18 Month Certificate

Minimum Opening Deposit


$1,000.00

Minimum Balance to Obtain Annual Percentage Yield


$1,000.00

Interest Rate


0.20%

Annual Percentage Yield


0.20%

Term


24 Month Certificate

Minimum Opening Deposit


$1,000.00

Minimum Balance to Obtain Annual Percentage Yield


$1,000.00

Interest Rate


0.25%

Annual Percentage Yield


0.25%

Term


36 Month Certificate

Minimum Opening Deposit


$1,000.00

Minimum Balance to Obtain Annual Percentage Yield


$1,000.00

Interest Rate


0.25%

Annual Percentage Yield


0.25%

Term


48 Month Certificate

Minimum Opening Deposit


$1,000.00

Minimum Balance to Obtain Annual Percentage Yield


$1,000.00

Interest Rate


0.35%

Annual Percentage Yield


0.35%

Term


60 Month Certificate

Minimum Opening Deposit


$1,000.00

Minimum Balance to Obtain Annual Percentage Yield


$1,000.00

Interest Rate


0.35%

Annual Percentage Yield


0.35%

Term


5 Month Special CD

Minimum Opening Deposit


$10,000.00

Minimum Balance to Obtain Annual Percentage Yield


$10,000.00

Interest Rate


3.92%

Annual Percentage Yield


4.00%

Term


10 Month Special CD

Minimum Opening Deposit


$10,000.00

Minimum Balance to Obtain Annual Percentage Yield


$10,000.00

Interest Rate


3.83%

Annual Percentage Yield


3.90%

Term


20 Month Special CD

Minimum Opening Deposit


$10,000.00

Minimum Balance to Obtain Annual Percentage Yield


$10,000.00

Interest Rate


3.63%

Annual Percentage Yield


3.70%

Individual Retirement Accounts*

TermMinimum Opening DepositMinimum Balance to Obtain Annual Percentage YieldInterest RateAnnual Percentage Yield

Term


12 Month Traditional or Roth IRA

Minimum Opening Deposit


$100.00

Minimum Balance to Obtain Annual Percentage Yield


$100.00

Interest Rate


0.15%

Annual Percentage Yield


0.15%

Term


24 Month Traditional or Roth IRA

Minimum Opening Deposit


$100.00

Minimum Balance to Obtain Annual Percentage Yield


$100.00

Interest Rate


0.25%

Annual Percentage Yield


0.25%

Term


36 Month Traditional or Roth IRA

Minimum Opening Deposit


$100.00

Minimum Balance to Obtain Annual Percentage Yield


$100.00

Interest Rate


0.25%

Annual Percentage Yield


0.25%

Term


48 Month Traditional or Roth IRA

Minimum Opening Deposit


$100.00

Minimum Balance to Obtain Annual Percentage Yield


$100.00

Interest Rate


0.35%

Annual Percentage Yield


0.35%

Term


60 Month Traditional or Roth IRA

Minimum Opening Deposit


$100.00

Minimum Balance to Obtain Annual Percentage Yield


$100.00

Interest Rate


0.35%

Annual Percentage Yield


0.35%

Rates effective 9/5/2024

*Rates are subject to change daily

APY is Annual Percentage Yield

Interest paid on Account Types listed as CD’s (Certificates of Deposit) is compounded and can be credited to the certificate or paid to the customer on certain time intervals.   A penalty may be imposed for early withdrawal.

Interest paid on Account Types listed as IRA’s (Individual Retirement Accounts) is compounded. A penalty may be imposed for early withdrawal.

Checking, Savings and Money Market products listed under “Account Types” above are products with rates that are subject to change after an account is opened and at the discretion of First Southern Bank. These accounts may also charge fees which will reduce earnings.



Report a lost or stolen Debit card

Lost Debit Card

If you need to report a lost or stolen Debit Card issued by First Southern Bank, please call

844-202-5333

Lost Credit card

If you need to report a lost or stolen Credit Card issued by First Southern Bank, please call

1-866-598-1769