First Bank has savings accounts for our customers who are just starting out, those who want to earn market interest rates and those who want to set back money for the holiday season.

Fit Savings

  • No minimum opening deposit.
  • Watch your savings grow with our specially designed tiered-interest plan.  We will help you build your nest egg by paying a higher interest rate on lower balances.  See the Rate Schedule for more information.
  • No minimum balance required to avoid the monthly maintenance fee.
  • Avoid the $4.95 per month maintenance fee by setting up an automatic transfer for any amount from your Fit Checking account to your Fit Savings.
  • Up to six pre-authorized, automatic, online, or telephone transfers per month from a Fit Savings account to another account or to  third parties. There are no limits on withdrawals from the account made in person or on the frequency of  transfers into the account.

Additional Savings Options

  • ATM Card
  • No charge for First Bank ATM Transactions
  • Free Online Banking
  • Free First Line Banking

The rate of interest and Annual Percentage Yield (APY) may change after the account is opened at the discretion of bank management. See Rate Schedule for the current APY and interest rate for this account.

Statement Savings

  • Low-cost, basic savings plan designed for liquidity and simplicity.
  • Earns interest on any balance in the account at the Annual Percentage Yield.
  • ATM card
  • E-Statments
  • No charge for First Bank ATM transactions
  • Free Online Banking
  • Free First Line Banking
  • $100.00 minimum opening balance
  • Direct Deposit available

Money Market

  • A combination savings and checking account for customers who would like to earn a higher interest rate on funds while still maintaining liquidity.
  • Can be linked to a Visa Debit /ATM Card
  • $2,500 minimum opening balance
  • Tiered interest rates based on balance.
  • This account allows for six preauthorized transactions per statement cycle to third parties or accounts within the same institution.

Health Savings

Contributions, distributions and earnings are tax-free when withdrawn to pay for qualified medical expenses. This account offers tiered interest rates based on balance, and funds are accessible by means of traditional checks or a Visa Check Card.

Christmas Club

  • Low-cost savings plan designed for the holiday season.
  • Pays simple interest on any balance.
  • No monthly service charge.
  • Deposited funds and interest earned will be disbursed from the account annually in October. Payouts can be in the form of a check or transfer to an internal or external account.
  • Direct Deposit available

Kids First Savings

  • For children under age 18. Teaches the fundamentals of managing money while allowing an adult to maintain control of the account.
  • Free piggy bank
  • Free ATM card
  • Free Online Banking
  • Free First Line Banking
  • $1 minimum opening balance
  • Pays interest on any balance.

View Current Rates

Online Banking

Did You Know?

You can deposit checks online using a scanner. You can deposit checks online.
Learn more

Dept. Contacts

Main Office
20 North 9th Street
Richmond, IN 47375
(765) 962-2581
(800) 548-8138

For Information about any of our personal banking products, or to open a new account, please contact your nearest First Bank branch.

First Line Telephone Banking

To report a lost or stolen Visa Check Card:
8am – 5pm, Monday – Friday
First Bank Customer Support Department
(765) 962-2581
(800) 548-8138

After business hours
(800) 236-2442


Note: Please do not include any personal or account information when submitting an e-mail. E-mail messages are not encrypted. If you need to give personal or account information, please telephone us or stop by one of our convenient locations.