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Savings Accounts

First National Bank of Fort Smith offers savings accounts to help you meet your personal financial goals.

There are plans available for everyone, from infants to senior citizens.

See Current Interest Rates & APY »

Regular Savings

  • Minimum deposit to open this account is $25.00.
  • A total of six electronic transfers or withdrawals are allowed each month. Each transfer thereafter, must be made in person or by messenger.
  • If the account balance is less than $100.00, there is a $1.00 charge per withdrawal in excess of six per quarter.
  • Interest rate established at the discretion of the bank. The interest rate and annual percentage yield may change.
  • Interest is compounded daily.
  • Statements are mailed quarterly.
  • Interest is paid at each quarterly statement.

Looney Tunes Savings

  • Savings account for those up to age 16.
  • Upon 16th birthday, the account will convert to a regular savings account.
  • No minimum deposit to open account.
  • No monthly service fee.
  • Unlimited deposits and up to six withdrawals per quarter.
  • Interest rate established at the discretion of the bank. The interest rate and annual percentage yield may change.
  • Interest is compounded daily.
  • Statements are mailed quarterly.
  • Interest is paid at each quarterly statement.

Money Market Savings

  • Minimum Opening Deposit $1,000.00.
  • No Monthly Service charge if the $1,000.00 average daily balance is maintained. If the average daily balance drops below $1000.00, there is a $7.00 charge for the statement period.
  • A total of six electronic transfers or withdrawals are allowed each month. Each transfer thereafter, must be made in person or by messenger.
  • Interest rate established at the discretion of the bank. The interest rate and annual percentage yield may change.
  • Interest is not compounded.
  • Statements are mailed monthly.
  • Interest is paid at the end of the statement period.
  • Tiered Interest Rate Structure

Christmas Club

  • Minimum Opening Deposit $5.00.
  • Account is NOT interest bearing.
  • Christmas Club book is required to make deposits.
  • Account is not subject to check withdrawals. If a withdrawal is requested prior to maturity, the full amount in the account must be withdrawn.
  • Account matures on October 31st of each year and a check for the full amount is issued.