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Savings Accounts & HSAs

Start Saving Your Way

Developing a smart saving strategy is important, no matter how old you are. That’s why First Option Bank offers multiple savings accounts, to give you a choice so you can save the way you want. Whether you want to teach your child the value of saving, save for your own goals or save for potential medical expenses, you have options with us. To open a savings account, stop in to one of our offices and speak with our personal banking team.

Compare Our Savings Accounts

Account Name

Choose this account if…

Opening Balance Requirement


Account Benefits

Fun Buddy Savings

You want to open an account for a child age 12 or younger to teach them how to save.



Competitive interest calculated on daily collected balance is compounded and credited quarterly


Free Fun Buddy T-Shirt or piggy bank


Free Fun Buddy account book


Deposits earn points that can be redeemed for prizes


Access to Fun Buddy club activities


Regular Savings

You want a traditional savings account with low fees.


$1.50 for each additional withdrawal after 5 free withdrawals


$1.50 per calendar quarter service charge for balances under $50

Five (5) free withdrawals per quarter


Competitive interest calculated on daily collected balance is compounded and credited quarterly


Health Savings

You want to start an account to save for eligible medical expenses in connection with your high-deductible health plan




Tiered interest rates available based on balance


Free online and mobile banking


Receive an Instant Issue Visa® debit card for point-of-sale transactions


Must be enrolled in a high deductible health plan


Cannot be enrolled in Medicare


Cannot be claimed as a dependent on someone else’s tax return


Funds are FDIC-insured


Tax-free withdrawals*

*Consult your tax advisor

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Switch to Us

Ready to experience the difference of working with First Option Bank? Complete our online switch kit to get all the paperwork taken care of so you can take the hassle out of switching your accounts.

Start Your Switch

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