First Utah Bank makes choosing the right personal savings account easy!
At First Utah Bank, we understand that big things can come from small beginnings. That’s why we offer a variety of savings account options to help you grow your savings. These accounts are useful when planning for short-term needs, like that household emergency fund, to longer-term goals like saving for a down payment on a home. Choose from a traditional/basic savings account like our Personal Savings account, to our Personal Money Market account which delivers a higher yield, or our Companion Savings account, which pairs nicely with a Money Back, Personal, or Interest Checking account.
Which account type is right for you? Compare the options...
| Personal Money Market | Personal Savings | Companion Savings | |
|---|---|---|---|
Recommended if… |
You maintain larger account balances and are looking for full liquidity and a competitive, tiered interest rate on your account balances |
You need a traditional savings account without a minimum balance requirement |
You’re looking for a companion account to your Money Back, Personal or Interest checking account that pays a competitive rate on low account balances |
Minimum Opening Deposit |
$2,500 |
$25 |
$25 |
Transaction Limitations |
No |
No |
No |
Is there a Monthly Service Fee? |
Maintain an average daily balance of $2,500 and we will waive the $15 monthly fee |
No |
No |
Minimum Balance Requirement? |
Yes, $2,500 to avoid a monthly service fee |
No |
No |
Does the account pay interest? |
Yes |
Yes |
Yes |
May I choose either paper statements or electronic statements for no fee? |
Yes |
Yes |
Yes |
Free access to Mobile Banking, Internet Banking, Mobile Deposit and Alerts |
Yes |
Yes |
Yes |
| Personal Money Market |
|---|
|
Recommended if… |
|
You maintain larger account balances and are looking for full liquidity and a competitive, tiered interest rate on your account balances. |
| Personal Savings |
|---|
|
Recommended if… |
|
You need a traditional savings account without a minimum balance requirement. |
| Companion Savings |
|---|
|
Recommended if… |
|
You’re looking for a companion account to your Money Back, Personal or Interest checking account that pays a competitive rate on low account balances. |
Make First Utah Bank your first choice for savings accounts!
Here are four great reasons to choose First Utah Bank for your personal savings accounts
No ATM fees at First Utah Bank and MoneyPass ATMs
Make cash withdrawals from your savings accounts from more than 100 convenient ATMs in northern Utah and more than 40,000 ATMs worldwide.
Free eStatements and eNotices
eStatements and eNotices are the easy, convenient, secure, and green way to get statements and notices about your personal savings account.
Free mobile and online banking
With Mobile Banking and Internet Banking, you can manage your finances quickly, easily, and securely.
Security of Utah’s best community bank
Your deposits are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government through the FDIC.
What our customers say
“Excellent bank. Top-notch customer service as they are proactive and polite. Everything is simplified, efficient, and easy to work through compared to a large, national organization.”
“They take great care of my elderly dad. Always nice and efficient.”
