Personal Savings

Premium Money Market Investment Account

An account paying premium market rates while allowing immediate access every day.

• Your checks on this account are free.
• Transfers from a Premium Money Market Investment account to another account or to third parties by preauthorized, automatic, or telephone transfer, or by check, draft or similar order to third parties are limited to six per statement cycle.
• You are allowed unlimited ATM or over-the-counter withdrawals. By maintaining a $1,000 minimum balance or $10,000 average balance the $10.00 monthly service charge will be waived. While you are allowed unlimited ATM or over-the-counter withdrawals, debits which exceed six are charged $5.00 each.
• Debits which exceed the six preauthorized or third party check limits are charged $5.00 each.

Tiered Rate Savings

Automatically increase your rate of return as your balances grow.

• Tiered rates of interest are paid on balance tiers of:

$ .01 - $ 1,000

$ 1,000.01 - $ 5,000

$ 5,000.01 - $10,000

$10,000.01 - $25,000

$25,000.01 – Above

• Accounts accrue interest each day based on the total collected amount.
• No quarterly service charge of $8.00 if a minimum balance of $500 is maintained. Six debits per quarter may be made without a service charge. Debits above 6 per quarter will be assessed a $2.50 each.
• Minors are exempt from minimum balance requirements.
• Transactions from a Tiered Rate Savings account to another account or to third parties by preauthorized, automatic, or telephone transfer are limited to three per quarter with no transfers by check, draft, debit card, or similar order to third parties.

Certificate of Deposit

Fashion your investments to changing market conditions and personal needs by opening a First South Bank Certificate of Deposit in the term and amount that is best for you.

• Maturity terms are available from 7 days to 36 months
• Minimum opening amount of $500
• Receive interest by reinvesting interest to principal, direct transfer to another account, or payment by check.
• Certificates can be issued with a single maturity date or as automatically renewable.
• The interest rate at which the CD is issued is fixed until maturity.