First Bank of the Lake Logo
First Bank of the Lake Logo
FDIC Digital Sign, using the official FDIC wordmark. This digital sign indicates the deposit institution is backed by the full faith and credit of the US government.

Consumer Banking

Make your savings work harder.

Choose the account that fits your goals. Whether you want to earn more, save automatically, or keep things simple and easy to access, we’ve got you covered.

Home » Consumer Banking » Consumer Savings

Smart ways to save

Choose from options for higher balances, automated rewards, or everyday savings needs.

Simple account management

Check balances, move money and stay in control with Online Banking.

Digital convenience

Enjoy mobile-friendly access and paperless eStatements whenever you need them.

Local support you can trust

Talk to real people who are always happy to help.

Compare Our Accounts

High Yield Savings can be opened online or in branch. Kasasa® Saver and Traditional Savings can be opened in branch only.

Rates effective as of May 13, 2026

How to Get Started

First Bank of the Lake - Step 1

Pick the savings account that fits you

Choose High Yield Savings, Kasasa® Saver, or Traditional Savings, each designed to support different savings goals.

First Bank of the Lake - Step 2

Open online or visit our branch

High Yield Savings: Open online in about 10 minutes or stop by our branch.

Kasasa® Saver & Traditional Savings: Open in branch. We’ll help you get everything set up. What to bring: A valid ID and your funding method.

First Bank of the Lake - Step 3

Fund & start saving

Make your opening deposit, set up transfers, and start growing your savings right away.

Savings Calculator

See how your savings can grow

Savings Calculator

Savings Estimate

Principal + Interest $0.00
Interest Earned for Full Term $0

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

The frequency of compounding (daily, monthly, yearly, etc.) affects how quickly your savings grows, and the more frequent the compounding, the more interest you will earn.

Frequently Asked Questions

1. What is the minimum to open each account?

High Yield Savings requires a $2,500 minimum opening deposit. Kasasa® Saver requires a $25 minimum opening deposit. Traditional Savings requires a $100 minimum opening deposit.

2. Can I open these accounts online?

High Yield Savings can be opened online or in branch. Kasasa® Saver and Traditional Savings are available in branch only.

3. Do I have to keep a minimum balance?

High Yield Savings requires $2,500 minimum balance to earn the advertised APY*. Traditional Savings requires $100 minimum balance to avoid the $2 monthly fee. Kasasa® Saver has no minimum balance to earn rewards.

4. How does Kasasa® Saver earn the higher rate?

Kasasa® Saver is tied to Kasasa® Cash or Kasasa® Cash Back Checking. When qualifications are met on the linked checking account, you can earn higher interest on your Kasasa® Saver account.

5. Are my deposits insured?

Yes, your deposits are FDIC insured up to applicable limits. Learn more about FDIC coverage here.

You Might Also Like

Money Market Accounts

Ideal if you want easy access to your money with strong earning potential.

Certificates of Deposit (CDs)

Lock in a great rate for a set term and save with confidence.

Kasasa® Checking

Link with Kasasa® Saver to put your checking rewards toward your savings goals.

Education Center

Education Center

*Annual Percentage Yield (APY) is accurate as of today’s date and may change at any time after the account is opened. Fees may reduce earnings on these accounts. Additional conditions and requirements may apply. See bank for details.

How Can We Help You?

Contact Us (Consumer)

We're here to help with your consumer and business banking needs

Contact Us (Business)

We're here to help with your SBA lending needs

Helpful Numbers

List of bank phone numbers

Locations

View our locations and lobby hours

Lost/Stolen Card

What to do if your card is lost or stolen

Education Center

High quality financial education for free

Mobile Banking

Bank on the go 24/7 with Mobile Banking

Calculators

Use our free financial calculators

Open Online Account

Apply for a new CD or High Yield Savings Account Online

Order Checks

Order checks quickly and easily

Schedule of Fees

View a list of bank fees for some of our convenience services

Security

Dozens of security tips to help you stay safe online