Personal Savings

Kids 1st Club

Kids 1st Club

Now is the time to start teaching your kids about the importance of saving! With the Kids 1st Club at First National Bank of Waterloo, your kids can start learning the good financial habits they’ll need as adults.

• All kids ages 13 and under with an account at FNB are members of Kids 1st Club
• No minimum balance custodial savings
• Receive $5 when you deposit $25 within 30 days of your birthday
• Get a birthday card on your birthday!
• Get a punch card - for every deposit you make over $10, get a punch on your punch card. Once your punch card is full, turn it in for $5 into your savings account!
• All about the A's! - for every A on your report card, get $.50 from First National Bank of Waterloo (up to $3)
• Special events and contests!

FNB First Savings

FNB First Savings

Any time is a good time to start a savings account! Whether you are saving for something special or just putting money aside for a rainy day, a First Savings account at FNB will help get you on your way.
Start saving today!

If you are a member of our FNB Check Plus Account , you may receive the following additional benefit to your savings account:

Bonus rate of interest (Rate subject to change at any time.)

• $50 minimum to open
• Competitive and variable rate of interest. Rate is subject to change at any time.
• Interest compounded and credited quarterly
• $3 monthly charge will be assessed on accounts with a daily minimum balance of less than $50
• FDIC insured up to $250,000

FNB Health Savings Account

In this world of ever-changing and increasing healthcare costs, many individuals and businesses are looking for a way to manage their costs. A Health Savings Account (HSA) not only helps you get a handle on rising health care costs, but provides a tax-advantaged way to save.

Contributions to an HSA are fully deductible. As long as the funds are used for qualified medical expenses, the distributions are tax-free.

How do you know if you are eligible? You must be able to answer YES to all of the following questions:

I am or will be covered by a qualified High Deductible Health Plan (HDHP).
I am not covered by any other health plan that is not an HDHP.
I am not enrolled in Medicare.
I may not be claimed as a dependent on another person’s tax return.

As sky-high medical bills become the norm, HSAs are also becoming a viable option for employers. An HSA allows your employees to set aside money, or have money set aside for them, tax-deferred.

HSAs are just another great benefit from the bank you know and trust!

To discuss HSAs in detail, whether for you personally or your business, please contact any banking center.

• No monthly or annual fees
• Easily accessible with our FNB Health Savings Account debit card
• Free FNBonline Banking
• An HSA helps make your healthcare dollars go further by:
• Building your employee benefits
• Offering a low-cost approach to healthcare coverage
• Providing tax advantages
• Earning tax-deferred interest on funds

Savings Club Account

Whether you want to save some money for a wonderful vacation or to take some of the stress out of the holiday season, we have the account for you!

Simply tell us how much you want to set aside each month, and we will automatically transfer it for you. Or enjoy the freedom to deposit on your own as often as you would like. Then, we will send you a check or auto transfer the funds to another FNB account for the amount you save, plus pay you interest!

Imagine what you could do with that extra cash!

• Make deposits with automatic transfer or at any banking center
• No monthly fee
• Flexible – you decide how much to contribute
• Competitive interest rates
• Christmas Club payouts issued by check or auto transfer in October
• Vacation Club payouts issued by check or auto transfer in April
• FDIC insured
• If you save each payday, look how fast it adds up:
• $5 each payday = $130
• $10 each payday = $260
• $20 each payday = $520
• $50 each payday = $1,300

FNB Premier Money Market

Make the most of your money by putting it into a high yield Money Market Account from First National Bank of Waterloo.

Our tiered interest rates make sure that as your balance goes up, so does your rate of return. It’s a smart way to grow your savings.

• $1,000 minimum to open
• No monthly charge with a $2,500 daily minimum balance
• $10 monthly charge if balance falls below daily minimum balance
• Competitive interest earned on all balances
• Higher rates tiered to larger balances:
• $10,000
• $25,000
• $50,000
• $100,000 and above
• Variable interest rate that is subject to change at any time
• FDIC insured