Our Regular Savings account can be opened with as little as $25.00. Your money is available to you whenever you need it. Our Savings account offers a competitive rate and the interest is compounded quarterly. For current interest rates, click here.
A money market account with a tiered rate structure that increases as the balance in the account increases. Interest is compounded and credited monthly. A $2500.00 minimum opening deposit is required. There is no maintenance fee. Up to six withdrawals or transfers are allowed per statement. Unlimited deposits and unlimited withdrawals in person. As with our checking accounts, your checks are imaged and printed on pre-punched paper, ready to be filed in a three ring binder along with your monthly statement. For current interest rates, click here.
If you’re looking for a higher return on your money than Savings accounts offer, then a Certificate of Deposit may be right for you. First National Bank offers CD’s with terms as short as 3 months or as long as 4 years. There is a minimum opening deposit of $1,000.00 for all Certificates of Deposit. For current interest rates, click here.
Retirement planning must begin early in life if we want to be able to enjoy our golden years. Odds are pretty good that there won’t be enough government or pension savings when it is your turn to retire. If you are under age 70 ½ for the entire tax year and receive a salary or wages as an employee you are eligible to establish an IRA. IRA accounts can be opened any time between January 1, and the date your tax return is due for the year, excluding extensions. When you open an IRA, you pay no taxes on the interest until the money is withdrawn, usually after retirement. This allows your money to grow much faster than in taxable accounts. For some people, IRA deposits are tax deductible. Consult your tax advisor for tax deduction eligibility. First National Bank offers a variable rate 12 month Certificate of Deposit IRA. There is a $5.00 minimum to open the account and you may have an unlimited number of deposits and withdrawals. For current interest rates, click here.
|At First National Bank, meeting your financial needs is our most important objective. When you have a need for a loan, our Full Service Bank can provide the funds for any worthwhile purpose. Almost everyone needs a loan at one time or another… for a car, a piece of equipment, a vacation, education or a business venture. No matter what your reason for borrowing we will listen to your individual needs and do our best to provide you with financing… quickly, fairly, and confidentially.|
Let us put you in the driver’s seat of a new or used car with an automobile loan. New car loans are generally available for up to five years, and used car loans up to four years. Click here to find NADA values.
If a fun-time is on your wish list, we’ll do our best to make that wish come true. Come to us for financing for a boat, motorcycle, snowmobile, motor home, ATV or travel trailer.
When you need cash for a vacation, furniture, or other personal expenses, we’ll listen to your needs, consider your financial status, and adjust the terms to fit your situation.
Ready Reserve is a protection line of credit connected to your checking account to cover you should your account go below zero.
A loan secured by your certificate of deposit with us can be made for 2% above the rate you are earning.
iHELP Private Student Loan for First National Bank in Philip
There are many ways to pay for the cost of a higher education. After considering all your federal loans, scholarships and grants you may still have a gap you need to cover to pay your total college costs.
First National Bank in Philip works with the iHELP Student Loan program to provide you an attractive private student loan that can help you to cover that gap.
iHELP helps to meet your financing needs for college.
Important: Applying with a cosigner may help you to qualify for the loan and possibly receive a lower interest rate.
Get Your Free Annual Credit Report Online
Under the Fair and Accurate Credit Transactions Act (FACT Act) consumers can request and obtain a free credit report once every 12 months from each of the three nationwide consumer credit reporting companies. Monitoring and periodically reviewing your credit report is an effective tool in fighting identity theft. AnnualCreditReport.com