Bank · FDIC insured
First National Bank Savings Rates
First National Bank’s best savings rate is 1.24% APY on $10,000, with its 1st Index Money Market. Rates checked October 22, 2026.
How First National Bank’s savings rates compare
Compared with banks and credit unions near Lynchburg, VA, where First National Bank has the most branches. $10,000, best rate first.
This bank’s best
First National Bank
1.24%APY
- Minimum
- $1,000
- Earns on $10,000 a year
- $124
1st Index Money Market
Top rate
Beacon Credit Union
4.00%APY
- Minimum
- $100
- Earns on $10,000 a year
- $400
2nd-highest rate
Freedom First
3.25%APY
- Minimum
- $5,000
- Earns on $10,000 a year
- $325
First National Bank savings score
87
Savings score
Higher than 76% of U.S. banks and credit unions
- $1,000 balance$1,0000.30%
- $10,000 balance$10,0001.24%
- $100,000 balance$100,0001.51%
- QualifiedQualified1.24%
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 National 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 Account
1.01%APY
Maintain a daily balance of $500 to earn interest and avoid $15 Monthly Maintenance Fee. Up to 6 withdrawals or transfers per statement cycle at no cost; $15 Excessive Withdrawal Fee for each additional transfer or withdrawal.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $500 – $50,000Maintain a daily balance of $500 to earn interest and avoid $15 Monthly Maintenance Fee. | 1.01% | $101 | Maintain a daily balance of $500 to earn interest and avoid $15 Monthly Maintenance Fee. |
| $50,000 – $100,000 | 1.26% | — | |
| $100,000 – $500,000 | 1.51% | — | |
| $500,000 and up | 1.76% | — |
Sources (2)
All captured Oct 15, 2026
1st Index Money Market
1.24%APY
Earn top interest tied directly to Fed Funds averages. For balances over $1,000, interest rate is based on Fed Funds Average minus margin of 2.65%, min rate 0.05%. Rate may change monthly on the 7th business day. Maintain a daily balance of $1,000 to earn interest and avoid $15 Monthly Maintenance Fee. Up to 6 withdrawals/transfers per statement cycle at no cost, $15 excessive withdrawal fee thereafter.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Over $1,000Rate based on Fed Funds Average minus margin of 2.65%, minimum 0.05%. Maintain daily balance of $1,000 to earn interest and avoid $15 monthly maintenance fee.Over $1,000 | 1.24% | $124 | Rate based on Fed Funds Average minus margin of 2.65%, minimum 0.05%. Maintain daily balance of $1,000 to earn interest and avoid $15 monthly maintenance fee. |
Sources (2)
All captured Oct 15, 2026
Statement Savings
0.30%APY
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceAvoid monthly maintenance fee of $4 by being under 21 years of age or maintaining a minimum daily balance of $250. Up to six transfers or withdrawals per cycle at no cost; $5 excessive withdrawal fee per additional withdrawal.Any balance | 0.30% | $30 | Avoid monthly maintenance fee of $4 by being under 21 years of age or maintaining a minimum daily balance of $250. Up to six transfers or withdrawals per cycle at no cost; $5 excessive withdrawal fee per additional withdrawal. |
Sources (2)
All captured Oct 15, 2026
Special-purpose accounts
Money Market IRA
1.00%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $50,000 | 1.00% | $100 |
| $50,000 – $100,000 | 1.26% | — |
| $100,000 – $500,000 | 1.51% | — |
| $500,000 and up | 1.76% | — |
Sources (1)
- 1stnatbk.com/personal/deposit-rates · captured Oct 15, 2026
1st Choice Club
0.40%APY
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceInterest rate and annual percentage yield may change after account opening. Daily balance method.Any balance | 0.40% | $40 | Interest rate and annual percentage yield may change after account opening. Daily balance method. |
Sources (1)
- 1stnatbk.com/personal/deposit-rates · captured Oct 15, 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.