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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%

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