What you need to open a savings account

First National Bank requires a government-issued photo ID, your Social Security number, and an initial deposit to open a savings account. The initial deposit amount varies by account type and location—some branches accept $25 to $100 minimums, while others may require more. You can open an account in person at a branch, online through their website, or by phone, depending on which First National Bank entity you're working with.

Bring your ID and have your Social Security number ready. If you're opening the account online or by phone, you'll enter this information directly into their system. First National Bank will run a background check through ChexSystems, a banking history database, to verify you don't have outstanding issues with other financial institutions.

If you're opening an account for a minor, you'll need to be the parent or legal guardian and bring documentation proving that relationship. Some First National Bank locations allow joint accounts, which require both account holders to be present with ID.

Key Takeaways

  • You need a government-issued photo ID, Social Security number, and an initial deposit amount that varies by branch and account type.
  • First National Bank checks your banking history through ChexSystems before opening your account, which typically takes one business day.
  • You can open an account in person, online, or by phone depending on which First National Bank location or service you use.
  • Once your account is open, you'll receive a debit card and online banking access, usually within 5 to 10 business days.

Opening an account in person at a branch

Walk into your nearest First National Bank branch during business hours with your ID and Social Security number. Tell the teller or banker you want to open a savings account. They'll ask you to choose an account type—most branches offer basic savings accounts and higher-yield savings options, though the names and features vary by location.

The banker will show you the account features, including the interest rate, monthly fees (if any), and minimum balance requirements. They'll then collect your information, run the ChexSystems check, and process your initial deposit. This usually takes 15 to 30 minutes. You'll leave with temporary access to your account and a receipt; your debit card arrives by mail in 5 to 10 business days.

Opening an account online

Visit the First National Bank website and look for the "Open an Account" or "New Accounts" section. You'll select the account type you want, then enter your personal information: name, address, date of birth, Social Security number, and employment status. Have your ID nearby so you can verify information matches.

First National Bank will ask for your initial deposit method—you can link an external bank account and transfer funds, or use a debit card. The ChexSystems check happens automatically in the background. Once approved, you'll receive login credentials for online banking immediately, though your physical debit card takes 5 to 10 business days to arrive by mail.

Opening an account by phone

Call the First National Bank customer service number on their website or the back of any First National Bank card. A representative will walk you through the account opening process over the phone. Have your ID and Social Security number ready, and be prepared to answer questions about your employment and income.

The representative will explain account options, collect your information, and process your initial deposit over the phone using a debit card or bank transfer. You'll receive confirmation and temporary account access by email. Your debit card and welcome materials arrive by mail within 5 to 10 business days.

What happens after your account opens

Your account becomes active immediately after approval, and you can begin using online banking and mobile apps right away. Your physical debit card arrives separately by mail. Until it arrives, you can still access your money through online transfers, bill pay, or by visiting a branch to withdraw cash.

First National Bank will send you account statements—either by mail or email, depending on your preference—showing your deposits, interest earned, and any fees. Interest rates on savings accounts change over time and vary by account type; check your account details or call the bank to confirm your current rate.

Fees and minimum balance requirements

Most First National Bank savings accounts have no monthly maintenance fee if you maintain a minimum balance, typically $100 to $500 depending on the account type. If your balance falls below the minimum, the bank may charge a monthly fee ranging from $3 to $10. Some accounts waive the fee if you set up direct deposit or maintain automatic transfers.

Overdraft fees apply if you attempt to withdraw more than your balance, though savings accounts rarely overdraft since they're not linked to debit cards. ATM fees may apply if you use an out-of-network ATM; First National Bank has thousands of ATMs nationwide, but fees vary by location and partner network.

If your account is denied

First National Bank may deny your account if ChexSystems shows a history of unpaid overdrafts, fraud, or other banking violations at another institution. If this happens, ask the bank for the specific reason. You have the right to request a copy of your ChexSystems report and dispute any errors on it.

If you're denied, you can reapply after addressing the issue—paying off old overdrafts or resolving disputes—or look into second-chance banking accounts at other institutions that specialize in customers with banking history problems. Some First National Bank branches may offer alternative accounts even after a denial; call and ask.

Frequently Asked Questions

How long does it take to open a First National Bank savings account?

Opening takes 15 to 30 minutes in person or online. Your account becomes active immediately after approval, but your physical debit card arrives by mail in 5 to 10 business days. The ChexSystems background check usually completes within one business day.

Can I open a savings account if I don't have a Social Security number?

First National Bank requires a Social Security number or Individual Taxpayer Identification Number (ITIN) to open an account. If you have an ITIN, bring documentation of it along with your ID. Call your local branch to confirm they can process ITIN accounts, as policies vary by location.

What's the difference between a regular savings account and a high-yield savings account at First National Bank?

High-yield savings accounts pay a higher interest rate on your balance but may require a larger minimum deposit or balance. Regular savings accounts have lower rates but lower minimums. Ask your banker which option fits your savings goals and how much interest you'll earn on your initial deposit.

Do I need to visit a branch in person to open an account?

No. You can open an account online or by phone without visiting a branch. In-person opening is an option if you prefer to speak with a banker face-to-face or if you have questions about account types.

What if I lose my debit card before it arrives?

Contact First National Bank immediately and request a replacement card. You can still access your money through online banking, mobile apps, or by visiting a branch to withdraw cash while you wait for the replacement card to arrive.