Traditional Savings
Accumulate extra cash, with a low minimum opening balance and the option to automatically transfer funds from your First Horizon Bank checking account.
Minimum Requirements
- $50 minimum opening deposit.
- No quarterly maintenance fee if you meet the $250 minimum daily balance requirement.
Product Features
- $5 quarterly maintenance fee if daily balance falls below $250.
- Interest is compounded daily and posted quarterly.
- Account can be linked to a First Horizon Bank checking account to provide 24-hour access to funds through the ATM.
- FDIC insured up to $250,000*.
- Link to checking for overdraft protection.
Product Benefits
- Access via ATM when linked to a First Horizon Bank checking account.
- Monthly statements on savings accounts with activity through the ATM.
- Accessible via Digital Banking.
- Convenient Automatic Savings Service with recurring transfers between accounts via Digital Banking.
APY**
- 0.30%
