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Savings Accounts






Rates are current and APY is accurate as of 4/12/2024
Account Minimum Balance to Earn Stated APY Interest Rate APY Minimum Opening Deposit
First Dollars Savings $0.01 0.10% 0.10% $25.00
Traditional Savings $0.01 0.10% 0.10% $100.00

Money Market Savings

Minimum Balance to Earn Stated APY Interest Rate APY Minimum Opening Deposit
$0.01 - $999.99 0.10% 0.10% $100.00
$1000 - $4,999.99 0.20% 0.20% $100.00
$5,000 - $24,999.99 0.30% 0.30% $100.00
$25,000 and over 0.40% 0.40% $100.00

Premium Money Market Savings

Minimum Balance to Earn Stated APY Interest Rate APY Minimum Opening Deposit
$0.01 - $24,999.99 0.30% 0.30% $100.00
$25,000 - $49,999.99 0.40% 0.40% $100.00
$50,000 - $99,999.99 0.50% 0.50% $100.00
$100,000-$249,999.99 0.60% 0.60% $100.00
$250,000 and over 0.70% 0.70% $100.00








Note: “APY” is the abbreviation for Annual Percentage Yield.
Note: These are variable rate accounts subject to rate change after account is opened. Service fees could reduce earnings.
Each Depositor insured to at least $250,000 by the FDIC, backed by the full faith and credit of the U.S Government.  
You are encouraged to review First Bank Elk River policies which provide more detail on the terms and conditions of our products and services. Read more about our Savings Accounts. 
 
Please call Customer Connection at 763-241-3637 to obtain the most current information.