Savings Accounts

The First National Bank of Peterstown offers the following types of convenient and cost-effective passbook savings accounts to help you save your hard-earned money:

  • Young Savers
  • Traditional Savings
  • Christmas Club

YOUNG SAVERS:

      • Available to account holders under the age of 18 with a qualifying adult
      • No monthly service charges
      • Automatic transfers available from checking account to savings
      • Minimum amount to open the account:  $25.00
      • Minimum account balance to earn interest:  $25.00
      • Interest rate and APY available upon request

TRADITIONAL SAVINGS:

      • Available to account holders over the age of 18
      • No monthly service charges
      • Automatic transfers available from checking account to savings
      • Minimum amount to open the account:  $25.00
      • Minimum account balance to earn interest:  $25.00
      • Interest rate and APY available upon request

Christmas Club

      • No monthly service charges
      • Automatic transfers from checking account to Christmas club
      • Ability to deposit money directly to Christmas club
      • No minimum amount to open account
      • No minimum balance requirement
      • Funds are dispersed in October of each year

Please see one of our Customer Service Agents to discuss the benefits of opening a savings account with The First National Bank of Peterstown.  Specific requirements and guidelines to opening a savings account can be discussed with one of our Customer Service Agents.

Important Information about Procedures for Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, Federal Law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

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