Savings Accounts
Farmers Savings Bank has a wide variety of savings accounts to meet both your short and long-term savings goals. Let us work with you to help you achieve your financial goals.
Contact a personal banker to help you in deciding which type of savings account is right for your needs.
If you know what type of account you want, click this link https://fsb-iowa.csinufund.com/home/newUser to apply for an account online!
Personal/Relationship Savings
- Minimum $50 to open
- No maintenance fees if balance does not fall below $50 throughout the statement cycle
- No Debit Cards allowed with savings only (can be connected to savings if you have a checking account as well)
- Interest-bearing account
- Six debits allowed per statement cycle
- Excessive debit fee if debits in excess of 6 per statement cycle
- Online Banking and E-Statements available
FSB Plus Savings
- Minimum $10,000 to open
- No maintenance fees if balance does not fall below $5,000 throughout the statement cycle
- Interest-bearing account if balance does not fall below $10,000
- Excessive debit fee if debits or transfers in excess of 6 per statement cycle.
- No checks allowed on this account
- Online Banking and E-Statements available
HSA (Health Savings Account)
- Must be tied to a Qualified High Deductible Health Plan (See a Personal Banker for additional eligibility requirements)
- Monthly maintenance fee of $2.00
- Checks and/or debit card available
- Online banking and E-Statements available
- Interest-bearing account
Account disclosures about Farmers Savings Bank savings accounts provided upon request before an account is opened or a service is provided–whichever is earlier.
