Savings

Savings Account

Here’s your basic savings account designed to meet all of your needs. Whether you’re saving for a new car, a vacation or unexpected future expenditures, we’ve got you covered. Activity restrictions apply.

• Interest compounded and credited quarterly, no minimum balance required to earn interest.
• Activity Restrictions Apply* – Contact a representative for specific details.
• $2.00 Service Charge per debit for each debit in excess of six per calendar month.
• Minimum Opening Deposit $100

*Federal regulations allow no more than six (6) withdrawals or transfers per month to another account or to a third party if the transactions are pre-authorized or automatic or made by telephone (including data transmission), computer, check, debit card, or similar order (including POS transactions). There is no regulatory limit to the number of withdrawals made in person or at the ATM; however, you may be subject to excessive withdrawal fees.

Little Sprout Savings Account

Turn kids into savers early, and it will be a trait they carry all their lives. The Little Sprout Savings Account is designed for our customers younger than 17 years of age. Activity restrictions apply.

• Savings Account for customers 17 or younger (Adult joint owner required).
• Interest compounded and credited quarterly, no minimum balance required to earn interest.
• Minimum Opening Deposit $10.00
• Activity Restrictions Apply* – Contact a representative for specific details.
  *Federal regulations allow no more than six (6) withdrawals or transfers per month to another account or to a third party if the transactions are pre-authorized or automatic or made by telephone (including data transmission), computer, check, debit card, or similar order (including POS transactions). There is no regulatory limit to the number of withdrawals made in person or at the ATM; however, you may be subject to excessive withdrawal fees.

Money Market Investment Account

A cross between a checking and a savings account, our Money Market Investment Account offers tiered interest rates and is designed for customers who maintain higher balances. Activity restrictions apply.

• Interest compounded and credited monthly.
• Tiered Rates
• $6.00 Service charge per withdrawal for each debit in excess of 6 per month.
• Minimum Opening Deposit $2,500
• Activity Restrictions Apply* – Contact a representative for specific details.
  *Federal regulations allow no more than six (6) withdrawals or transfers per month to another account or to a third party if the transactions are pre-authorized or automatic or made by telephone (including data transmission), computer, check, debit card, or similar order (including POS transactions). There is no regulatory limit to the number of withdrawals made in person or at the ATM; however, you may be subject to excessive withdrawal fees.

Health Savings Account

• Interest compounded and credited monthly
• $15 setup fee
• Free HSA VISA Check Card
• No annual fee

Certificates of Deposit

• Minimum opening deposit: $500
• Terms offered:
• 6-month certificate*
• No Penalty 12-month certificate
• 12-month certificate*
• 24-month certificate*
• 36-month certificate*
• 60-month certificate*
  *early withdrawal penalty may apply

Individual Retirement Account (IRA)

• Minimum opening deposit: $100
• Interest compounded and credited quarterly
• Terms offered: 18-month and 60 month*
  *early withdrawal penalty may apply
  
  An individual retirement account (IRA) is a great way to put away money for your future that can have highly beneficial tax advantages:
• Money contributed to an IRA is not taxed that year.
• Interest earned on these contributions is not taxed as long as it remains within the IRA.
• Contributions and interest are taxed only when they are taken out of the IRA.
• An IRA can be opened and funded for the prior tax year until April 15 (tax deadline).

In addition, an IRA is not subject to the ups and downs of the financial markets. That means, even if you’re contributing to your retirement through a 401(k), you can benefit from the safety and security of an IRA.

Tax Advice Disclaimer

The information on this website should not be used in any actual transaction without the advice and guidance of a professional Tax Adviser who is familiar with all the relevant facts.

Although the information contained here is presented in good faith and believed to be correct, it is General in nature and is not intended as tax advice. Furthermore, the information contained herein may not be applicable to or suitable for the individuals’ specific circumstances or needs and may require consideration of other matters.

First Nebraska Bank assumes no obligation to inform any person of any changes in the tax law or other factors that could affect the information contained herein.

IRS Circular 230 Disclosure

Pursuant to the requirements of the Internal Revenue Service Circular 230, we inform you that, to the extent any advice relating to a Federal tax issue is contained in this communication, including in any attachments, it was not written or intended to be used, and cannot be used, for the purpose of (a) avoiding any tax related penalties that may be imposed on you or any other person under the Internal Revenue Code, or (b) promoting, marketing or recommending to another person any transaction or matter addressed in this communication.

Click on contact us and select “Deposit Products” to have a bank representative contact you for more information.