Bank · FDIC insured
First Piedmont Savings Rates
First Piedmont’s best savings rate is 1.77% APY on $10,000, with its Statement Savings. Rates checked October 22, 2026.
How First Piedmont’s savings rates compare
Compared with banks and credit unions near Spartanburg, SC, where First Piedmont has the most branches. $10,000, best rate first.
This bank’s best
First Piedmont
1.77%APY
- Requires
- None
- Minimum
- $150
- Earns on $10,000 a year
- $177
Statement Savings
Top rate
Woodruff Federal Savings and Loan Association
3.53%APY
- Requires
- None
- Minimum
- $100
- Earns on $10,000 a year
- $353
2nd-highest rate
MTC Federal Credit Union
3.50%APY
- Requires
- Monthly account activity
- Minimum
- $0
- Earns on $10,000 a year
- $350
First Piedmont savings score
89
Savings score
Higher than 87% of U.S. banks and credit unions
- $1,000 balance$1,0001.77%
- $10,000 balance$10,0001.77%
- $100,000 balance$100,0001.77%
- QualifiedQualified1.77%
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 Piedmont 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.
Statement Savings
1.77%APY
$150.00 minimum balance required. $3.50 service charge if balance falls below $150.00. 2 free withdrawals allowed monthly; $1.25 per withdrawal in excess of 2. Interest accrues daily, credits and compounds quarterly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $150 and up$3.50 service charge if balance falls below $150.00. 2 free withdrawals allowed monthly; $1.25 per withdrawal in excess of 2.$150 and up | 1.77% | $177 | $3.50 service charge if balance falls below $150.00. 2 free withdrawals allowed monthly; $1.25 per withdrawal in excess of 2. |
Sources (2)
All captured Oct 22, 2026
Money Market
1.21%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| $1,000 and up | 1.21% | $121 |
Sources (1)
- firstpiedmont.com/SVCDRates · captured Oct 4, 2026
Special-purpose accounts
Custodial for Children
1.77%APY
Service charges are waived until age 18. Interest accrues daily, credits and compounds quarterly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $25 and upService charges are waived until age 18.$25 and up | 1.77% | $177 | Service charges are waived until age 18. |
Sources (2)
All captured Oct 22, 2026
Christmas Club
0.50%APY
Total accrued balance is automatically mailed out to account owner in November. After balance is mailed out in November , account remains open and can begin accepting deposits for the following year. One other free withdrawal allowed during year . Any additional withdrawal will result in account closure. Fees may reduce earnings
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $25 and upTotal accrued balance is automatically mailed out to account owner in November. One other free withdrawal allowed during year . Any additional withdrawal will result in account closure. Fees may reduce earnings$25 and up | 0.50% | $50 | Total accrued balance is automatically mailed out to account owner in November. One other free withdrawal allowed during year . Any additional withdrawal will result in account closure. Fees may reduce earnings |
Sources (2)
All captured Oct 22, 2026
Health Savings
0.50%APY
Account guidelines same as for Statement Savings. Savings account set up specifically for medical expenses. Tax deductible contributions, tax free earnings, qualified distributions tax free. To qualify must be covered under a HDHP (High Deductible Health Plan). Fees may reduce earnings.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $150 and upAccount guidelines same as for Statement Savings ($3.50 service charge if balance falls below $150.00). To qualify must be covered under a HDHP.$150 and up | 0.50% | $50 | Account guidelines same as for Statement Savings ($3.50 service charge if balance falls below $150.00). To qualify must be covered under a HDHP. |
Sources (2)
All captured Oct 22, 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.