Bank · FDIC insured
FirstBank Savings Rates
FirstBank’s best savings rate is 1.56% APY on $10,000, with its Consumer Fed Funds Money Market. Rates checked October 15, 2026.
How FirstBank’s savings rates compare
Compared with banks and credit unions near Nashville, TN, where FirstBank has the most branches. $10,000, best rate first.
This bank’s best
FirstBank
3.40%APY
- Requires
- Another account
- Minimum
- $50
- Earns on $10,000 a year
- $340
Companion Savings
Top rate
SmartBank
4.00%APY
- Requires
- None
- Minimum
- $2,500
- Earns on $10,000 a year
- $400
2nd-highest rate
Republic Bank
3.75%APY
- Requires
- Another account
- Minimum
- $5,000
- Earns on $10,000 a year
- $375
FirstBank savings score
86
Savings score
Higher than 75% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0000.65%
- $100,000 balance$100,0003.15%
- QualifiedQualified3.40%
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 FirstBank 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.
FirstUp Savings
3.87%APY on $10,000
Must have a FirstBank personal checking and/or a FirstBank personal money market account, and set up a recurring monthly transfer totaling $50.00 or more from that account. Limit two (2) per primary Social Security Number.
| Part of the balance | Rate on that part |
|---|---|
| Up to $25,000 | 3.75% |
| Over $0 | 0.05% |
| Over $25,000 | 0.05% |
On $10,000 the tiers blend to about 3.87% APY, earning $387 a year.
Companion Savings
3.40%APY
Must be paired with an active FirstBank CD with a term of 6 months or greater.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $50,000Earn 3.40% APY on balances up to $50,000 when paired with an active FirstBank CD with a term of 6 months or greater. $5 monthly service charge if balance falls below $50 at any given time (or any day of the statement cycle). Interest credited on balances of $0.01 and above.Up to $50,000 | 3.40% | $340 | Earn 3.40% APY on balances up to $50,000 when paired with an active FirstBank CD with a term of 6 months or greater. $5 monthly service charge if balance falls below $50 at any given time (or any day of the statement cycle). Interest credited on balances of $0.01 and above. |
Consumer Fed Funds Money Market
1.56%APY
Variable-rate tiered account tied to the Effective Federal Funds Rate. $10 monthly service charge is waived with a minimum balance of $100,000 or if the account owner is a Primary or Secondary/Joint Owner on a FirstBank Essential Checking account. Includes six free withdrawals per statement cycle.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $100,000Tier 1: Entire daily balance of $0.01-$99,999.99 earns up to 1.56% APY. $10 monthly fee waived with a minimum balance of $100,000 or with an Essential Checking account. | 1.56% | $156 | Tier 1: Entire daily balance of $0.01-$99,999.99 earns up to 1.56% APY. $10 monthly fee waived with a minimum balance of $100,000 or with an Essential Checking account. |
| $100,000 and upTier 2: Entire daily balance of $100,000 and above earns up to 3.15% APY. $10 monthly fee waived with a minimum balance of $100,000 or with an Essential Checking account. | 3.15% | — | Tier 2: Entire daily balance of $100,000 and above earns up to 3.15% APY. $10 monthly fee waived with a minimum balance of $100,000 or with an Essential Checking account. |
Sources (2)
- firstbankonline.com/personal-b…r-fed-funds-money-market
- firstbankonline.com/wp-content…le-of-Fees-4.29.2026.pdf
All captured Oct 15, 2026
FirstRate Money Market
Up to 2.58%APY
Variable-rate account that moves with the Wall Street Journal Prime Rate. $10 monthly service fee is waived if a $5,000 minimum balance is maintained. Six free withdrawals per statement cycle ($2 fee per withdrawal exceeding 6).
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceReward rate. Requires meeting FirstRewards Checking requirements: same primary account holder on FirstRewards Checking and FirstRate Money Market, 10 settled debit card POS transactions per qualification period (ATM transactions excluded), monthly electronic statements (eStatements), and 1 monthly ACH debit or ACH credit. Rate moves with WSJ Prime Rate (minimum 0.10% APY change per 0.25% change in WSJ Prime). $10 monthly fee waived with $5,000 minimum balance.Any balance | 2.58% | $258 | Reward rate. Requires meeting FirstRewards Checking requirements: same primary account holder on FirstRewards Checking and FirstRate Money Market, 10 settled debit card POS transactions per qualification period (ATM transactions excluded), monthly electronic statements (eStatements), and 1 monthly ACH debit or ACH credit. Rate moves with WSJ Prime Rate (minimum 0.10% APY change per 0.25% change in WSJ Prime). $10 monthly fee waived with $5,000 minimum balance. |
| Any balanceBase rate applied to all balances when FirstRewards Checking qualifications are not met or upon closure of the FirstRewards Checking account. $10 monthly fee waived with $5,000 minimum balance.Any balance | 0.05% | $5 | Base rate applied to all balances when FirstRewards Checking qualifications are not met or upon closure of the FirstRewards Checking account. $10 monthly fee waived with $5,000 minimum balance. |
Sources (2)
- firstbankonline.com/personal-b…s/firstrate-money-market
- firstbankonline.com/wp-content…le-of-Fees-4.29.2026.pdf
All captured Oct 15, 2026
Money Market Tiered
0.65%APY
Tiered interest rate account. $10 minimum balance fee imposed every month the daily balance falls below $2,500.00. Six free withdrawals or transfers per statement cycle ($2 per transaction over 6). Applicant must be 18 years of age or older.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $2,500Tier 1: Daily balances of $0.00 to $2,499.99 earn 0.00% interest rate and 0.00% APY. Monthly fee of $10 applies if daily balance falls below $2,500.00. | 0.00% | — | Tier 1: Daily balances of $0.00 to $2,499.99 earn 0.00% interest rate and 0.00% APY. Monthly fee of $10 applies if daily balance falls below $2,500.00. |
| $2,500 – $10,000Tier 2: Daily balances of $2,500.00 to $9,999.99 earn 0.65% interest rate and 0.65% APY. $10 fee waived if daily balance remains at or above $2,500.00. | 0.65% | — | Tier 2: Daily balances of $2,500.00 to $9,999.99 earn 0.65% interest rate and 0.65% APY. $10 fee waived if daily balance remains at or above $2,500.00. |
| $10,000 – $100,000Tier 3: Daily balances of $10,000.00 to $99,999.99 earn 0.65% interest rate and 0.65% APY. $10 fee waived if daily balance remains at or above $2,500.00. | 0.65% | $65 | Tier 3: Daily balances of $10,000.00 to $99,999.99 earn 0.65% interest rate and 0.65% APY. $10 fee waived if daily balance remains at or above $2,500.00. |
| $100,000 – $250,000Tier 4: Daily balances of $100,000.00 to $249,999.99 earn 0.70% interest rate and 0.70% APY. $10 fee waived if daily balance remains at or above $2,500.00. | 0.70% | — | Tier 4: Daily balances of $100,000.00 to $249,999.99 earn 0.70% interest rate and 0.70% APY. $10 fee waived if daily balance remains at or above $2,500.00. |
| $250,000 and upTier 5: Daily balances of $250,000.00 and above earn 0.75% interest rate and 0.75% APY. $10 fee waived if daily balance remains at or above $2,500.00. | 0.75% | — | Tier 5: Daily balances of $250,000.00 and above earn 0.75% interest rate and 0.75% APY. $10 fee waived if daily balance remains at or above $2,500.00. |
Sources (2)
- firstbankonline.com/personal-b…ings/money-market-tiered
- firstbankonline.com/wp-content…le-of-Fees-4.29.2026.pdf
All captured Oct 15, 2026
Special-purpose accounts
Basic Savings
0.05%APY
Applicants must be 18 years of age or older to open an account; applicants under 18 must have an adult co-owner (18 years or older).
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $25 and upTo obtain the disclosed APY, must maintain a minimum average daily balance of $25 each day. Interest credited on balances of $25 and above. Minimum balance fee of $5 imposed every month if the balance falls below $50 any day of the month/statement cycle.$25 and up | 0.05% | $5 | To obtain the disclosed APY, must maintain a minimum average daily balance of $25 each day. Interest credited on balances of $25 and above. Minimum balance fee of $5 imposed every month if the balance falls below $50 any day of the month/statement cycle. |
UTMA-Minor Savings
0.05%APY
Custodial savings account for minors under the age of 21.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $25 and upBalances greater than or equal to $25 accrue 0.05% interest daily and are credited monthly. No monthly service charge.$25 and up | 0.05% | $5 | Balances greater than or equal to $25 accrue 0.05% interest daily and are credited monthly. No monthly service charge. |
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.