Savings & CDs

Every business needs a cushion. And by cushion, we mean a savings account that provides extra protection and easy access, while earning interest for your company.  How well are you protecting your business? Open a Business Savings or Business High Yield Savings account at First State Bank, and start building up an extra layer of safety today.


Savings that grow with your company. Our Business Savings Account is an excellent liquid investment account, and it can also be linked to your Business Checking Account for overdraft protection. The minimum opening deposit is $500, and interest is paid on the collected balance.

Average Collected Balance Service Charge Assessed
$500 or more None
$0 to $499 $3 per month

*Must maintain a collected balance of $500 in the account each day to earn interest.

Transaction limitations and fees – Transfers from a savings or money market account to another account or to third parties by preauthorized, automatic, telephone or computer transfer or by draft or similar order and payable to third parties are limited to six per cycle. A $10.00 fee will be assessed each time an account exceeds these limitations.


 Flexible terms that help you reach your goals. Certificates of Deposit (CDs) are investment options that offer high rates of interest for specific amounts of time. At First State Bank, you can choose from a variety of F.D.I.C. insured and profitable CD's. Our goal is to work with you to make the best investment choice for your business. And we won’t stop until we get you where you want to go.

Open an account at any branch or Contact us Today!

The Unlawful Internet Gambling Act of 2006 prohibits a bank from processing restricted transactions through your business account. Click Here for more information regarding the Unlawful Internet Gambling Act of 2006.

BENEFICIAL OWNERSHIP CERTIFICATION: To help the government fight financial crime, Federal regulation requires financial institutions to obtain, verify, and record information about the beneficial owners of most legal entity (business) customers.  A form must be completed by the person opening any new business account to include name, address, date of birth, and Social Security number (passport number or similar for non-US persons) for each individual who owns 25% or more of the equity of the legal entity, as well as for an individual who manages the business. Please contact a FSB representative at any branch for appropriate forms or additional details.