Traditional Savings Account - First Horizon Bank

Savings

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.

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Minimum Requirements

$50 minimum opening deposit.
Quarterly service charge is refunded within 3 business days when linked to Essential Checking account or Advantage Checking account or if the daily balance is at least $250. Otherwise a $5 quarterly service charge will be applied.

Product Features

$5 quarterly service charge if daily balance falls below $250.
Interest is compounded daily and posted quarterly.
An 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 when there are ATM or electronic transactions. Otherwise, quarterly.
Accessible via Digital Banking.
Convenient Automatic Savings Service with recurring transfers between accounts via Digital Banking.

APY**

0.25%

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* 250,000 FDIC coverage refers to the total of all deposits that an account owner has at each FDIC-insured bank in different ownership categories. Balances are considered together for purposes of FDIC insurance coverage.

** Annual Percentage Yield effective 9/28/26. APY is variable and subject to change. Fees may reduce earnings.

For additional information on service fees that may apply to this account, please visit our Account and Service Fee Summary page. For additional information, please refer to the Depositor Agreement and Disclosure Statement.