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Choosing A Savings Account

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Choosing A Savings Account

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  1. Choosing A Savings Account It is important to choose the right savings account for your personal banking needs. Here are the features to look for while choosing a savings account. Banks charge monthly fees to maintain a savings account. Select an account type that charges low or no maintenance fee. The most important attribute of a savings account is its interest rate. A regular savings account pays higher rates for a higher balance. You can choose to open an online savings account as it pays a higher interest rate and has low operational costs. Examine the account fee structure such as debit or check transaction fees, activation fees, and ATM fees while choosing an account. You can choose a savings account that allows automatic transfers; however, make sure to take a note of the number of transfers allowed. First National Bank Texas/First Convenience Bank 133 Arkansas Blvd. Texarkana, AR 71854 3509 E Race Avenue Searcy, AR 72143 1815 E. Highland Drive Jonesboro, AR 72401 2875 W. Martin Luther King Fayetteville, AR 72704 304 S. Rockwood Drive Cabot, AR 72023 www.1stnb.com All loans and collateral subject to approval First National Bank Texas | NMLS #402924 | Member FDIC | Equal Housing Lender

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