Saving and investing for your future is very important. We make it easy to start saving and investing by offering you account options to fit your needs. To find out more information about First National Bank’s savings, please contact a bank representative at 918-251-5371.

Savings Accounts

Savings 101

First Insured Money Fund

Super Money Fund

CDARS

Online Application

$100 Minimum

Interest Rate Structure

• Interest rate and annual percentage rate may change on the first day of each calendar quarter at First National's discretion.
• Interest begins to accrue on the day a deposit is made.
• Interest is compounded quarterly, calculated on the average ledger balance, and paid on the last day of each quarter.
• If the account is closed before interest is credited, the depositor will not receive accrued interest.

Service Charge Schedule

A $2.50 charge will be assessed for the quarter if an account's average ledger balance falls below $100.

Six withdrawals are permitted each quarter without charge. A fee of $1 is assessed for each additional withdrawal in a calendar quarter, with costs assessed at the end of that quarter.

First National Bank reserves the right to require seven days' written notice of intent to withdraw funds on deposit in any savings account.

$2,500 Minimum Opening Deposit

Interest Rate Structure

• Interest Rate and annual percentage yield could change weekly at First National Bank's discretion.
• Interest begins to accrue no later than the business day when we receive credit for a deposit.
• If the account is closed before interest is credited, the depositor will not receive accrued interest.

Withdrawal Restrictions

Limit of six preauthorized or automatic withdrawals per monthly statement cycle.

No more than three of the six monthly withdrawals can be checks to third parties.

No limit on withdrawals made in person, by mail or by automatic teller machine.

*Failure to comply with these restrictions will result in a change to a regular transaction account.

Service Charge Schedule

A $10 monthly service charge will be assessed if average ledger balance falls below $2,500.

A $3 charge will be assessed for each telephone transfer.

No checks returned with statement. All checks issued in "check safekeeping" duplicate style.

$25,000 Minimum Opening Deposit

The Super Money Fund is a convenient way to earn a higher interest rate on large deposits and still have immediate access to your funds.

Interest Rate Structure

• Interest rate and annual percentage yield could change weekly at First National's discretion.
• If balance falls below $25,000, the interest rate adjusts to the base rate of the First Insured Money Fund.
• Interest will begin to accrue no later than the business day when we receive credit for deposit.

Looking for a way to keep large deposits safe? Ask us about CDARS. It's a great solution for: businesses, nonprofit organizations, public fund managers, trustees, financial advisors and IRAs.

With CDARS, you can receive up to $30 million in FDIC protection through First National Bank of Broken Arrow. There are few guarantees in life - FDIC insurance is one of them. CDARS can be a valuable cash management or longer-term investment tool for you or your business¹.

Why CDARS?

It's one-stop shopping. With help from CDARS, you can access:

Safety - Your money can receive up to $30 million in FDIC insurance coverage.

Convenience - You work directly with us. You earn one interest rate and receive one regular statement. Individual investors receive one year-end tax form.

Community Investment - The full value of your money can support lending opportunities in your local community.

CD-Level Rates - Your money earns CD-level returns which may compare favorably with other investment alternatives, including Treasuries, corporate sweep accounts, and money market funds.

How does CDARS work?

We are members of a special network. When you place a large amount with us, we place your funds into certificates of deposit issued by other banks in the network - in increments of less than $100,000 - so that both your principal and interest are eligible for complete FDIC protection. With help from a sophisticated matching system, we exchange deposits with other banks that are members of the network.

These exchanges, which occur on a dollar-for-dollar basis, can bring the full amount of your original deposit back to our bank. As a result, we can make the full amount of your deposit available for community lending purposes.

What else should I know?

Now, you no longer have to spend time managing multiple bank relationships, administering various interest rates, organizing interest documents from various sources, or manually consolidating monthly statements. This reduces your administration burden, especially during tax and financial reporting seasons.

And with CDARS, you can eliminate the need to monitor changing collateral values - another time saving convenience.

Of course, your confidential account information remains protected.

Ask us about how CDARS can work for you the next time you visit one of our branches, or e-mail cdars@fnbba.com for more information.

¹ Funds may be submitted for placement only after a depositor enters into the CDARS Deposit Placement Agreement with First National Bank of Broken Arrow. The agreement contains important information and conditions regarding the placement of funds by us. Please read the agreement carefully before signing it. With customer consent, we may choose to receive fee income instead of matching deposits from other banks.

CDARS is a registered service mark of Promontory Intrefinancial Network, LLC.