Bank · FDIC insured
First Bank Savings Rates
First Bank’s best savings rate is 0.30% APY on $10,000, with its Money Market. Rates checked October 16, 2026.
How First Bank’s savings rates compare
Compared with banks and credit unions near Waterloo, IA, where First Bank has the most branches. $10,000, best rate first.
This bank’s best
First Bank
0.30%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $30
Money Market
Top rate
Empeople Credit Union
3.25%APY
- Requires
- Monthly account activity
- Minimum
- $0
- Earns on $10,000 a year
- $325
2nd-highest rate
Collins Community Credit Union
3.05%APY
- Requires
- None
- Minimum
- $1,000
- Earns on $10,000 a year
- $305
First Bank savings score
74
Savings score
Higher than 37% of U.S. banks and credit unions
- $1,000 balance$1,0000.15%
- $10,000 balance$10,0000.30%
- $100,000 balance$100,0001.10%
- QualifiedQualified0.30%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where First Bank ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Money Market
0.30%APY
Variable rate account; the rate may change after the account is opened. Available in service areas of Bremer, Black Hawk, Wright, and surrounding counties in Iowa.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $5,000Variable rate account. Rate applies to balances <$4,999.99. | 0.15% | — | Variable rate account. Rate applies to balances <$4,999.99. |
| $5,000 – $25,000Variable rate account. Rate applies to balances $5,000 - $24,999.99. | 0.30% | $30 | Variable rate account. Rate applies to balances $5,000 - $24,999.99. |
| $25,000 – $100,000Variable rate account. Rate applies to balances $25,000 - $99,999.99. | 0.50% | — | Variable rate account. Rate applies to balances $25,000 - $99,999.99. |
| $100,000 – $250,000Variable rate account. Rate applies to balances $100,000.00 - 249,999.99. | 1.10% | — | Variable rate account. Rate applies to balances $100,000.00 - 249,999.99. |
| $250,000 and upVariable rate account. Rate applies to balances $250,000.00 and Above. | 1.75% | — | Variable rate account. Rate applies to balances $250,000.00 and Above. |
Sources (1)
- firstiowa.bank/personal/rates · captured Sep 18, 2026
Statement Savings
0.15%APY
Available in service areas of Bremer, Black Hawk, Wright, and surrounding counties in Iowa. $1/monthly statement cycle if average daily balance falls below $100.00. Variable rate account.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balance$1/monthly statement cycle if avg. daily balance falls below $100.00. Variable rate account.Any balance | 0.15% | $15 | $1/monthly statement cycle if avg. daily balance falls below $100.00. Variable rate account. |
Sources (2)
All captured Oct 5, 2026
Special-purpose accounts
Grow With Me Savings (Ages 10-21)
1.00%APY
For ages 10-21. Available in service areas of Bremer, Black Hawk, Wright, and surrounding counties in Iowa. Variable rate account.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceFor ages 10-21. Variable rate account.Any balance | 1.00% | $100 | For ages 10-21. Variable rate account. |
Sources (2)
All captured Oct 5, 2026
Grow With Me Savings (Ages under 10)
1.00%APY
For ages under 10. Available in service areas of Bremer, Black Hawk, Wright, and surrounding counties in Iowa. Variable rate account.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceFor ages under 10. Variable rate account.Any balance | 1.00% | $100 | For ages under 10. Variable rate account. |
Sources (2)
All captured Oct 5, 2026
Holiday Savings
1.00%APY
Funds will be distributed to a First Bank deposit account on the last business day of October. Available in service areas of Bremer, Black Hawk, Wright, and surrounding counties in Iowa. Variable rate account.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceFunds distributed on the last business day of October. Variable rate account.Any balance | 1.00% | $100 | Funds distributed on the last business day of October. Variable rate account. |
Sources (2)
All captured Oct 5, 2026
Employer Sponsored HSA
0.50%APY
Employer Sponsored HSA. Must be covered under a qualified HDHP, not covered by non-HDHP, not enrolled in Medicare, not claimed as a dependent. Service charges are waived each month if a direct deposit is made to the account. Variable rate account. Available in service areas of Bremer, Black Hawk, Wright, and surrounding counties in Iowa.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $501Variable rate account. Service charges waived each month if direct deposit is made. | 0.10% | — | Variable rate account. Service charges waived each month if direct deposit is made. |
| $501 – $1,001Variable rate account. Service charges waived each month if direct deposit is made. | 0.15% | — | Variable rate account. Service charges waived each month if direct deposit is made. |
| $1,001 – $2,501Variable rate account. Service charges waived each month if direct deposit is made. | 0.20% | — | Variable rate account. Service charges waived each month if direct deposit is made. |
| $2,501 – $15,000Variable rate account. Service charges waived each month if direct deposit is made. | 0.50% | $50 | Variable rate account. Service charges waived each month if direct deposit is made. |
| $15,000 and upVariable rate account. Service charges waived each month if direct deposit is made. | 0.80% | — | Variable rate account. Service charges waived each month if direct deposit is made. |
Sources (1)
- firstiowa.bank/personal/health-savings-account · captured Oct 5, 2026
Individual HSA
0.50%APY
Individual HSA. Must be covered under a qualified HDHP, not covered by non-HDHP, not enrolled in Medicare, not claimed as a dependent. Service charges are waived each month if a direct deposit is made to the account. Variable rate account. Available in service areas of Bremer, Black Hawk, Wright, and surrounding counties in Iowa.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $501Variable rate account. Service charges waived each month if direct deposit is made. | 0.10% | — | Variable rate account. Service charges waived each month if direct deposit is made. |
| $501 – $1,001Variable rate account. Service charges waived each month if direct deposit is made. | 0.15% | — | Variable rate account. Service charges waived each month if direct deposit is made. |
| $1,001 – $2,501Variable rate account. Service charges waived each month if direct deposit is made. | 0.20% | — | Variable rate account. Service charges waived each month if direct deposit is made. |
| $2,501 – $15,000Variable rate account. Service charges waived each month if direct deposit is made. | 0.50% | $50 | Variable rate account. Service charges waived each month if direct deposit is made. |
| $15,000 and upVariable rate account. Service charges waived each month if direct deposit is made. | 0.80% | — | Variable rate account. Service charges waived each month if direct deposit is made. |
Sources (1)
- firstiowa.bank/personal/health-savings-account · captured Oct 5, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.