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Savings

Whether you’re working toward a short-term or long-term financial goal, your savings account should help you get there.

Statement Savings

A basic savings account for all ages

  • This account is an interest-bearing account that is compounded quarterly.
  • A deposit of $50.00 is required to open an account.
  • Transactions are limited to six (6) transfers per four week or similar period.
  • There will be a charge of $3.00 per withdrawal for each withdrawal in excess of six (6) per calendar quarter.
  • The interest paid on this account depends on the daily balance and can change at any time at our discretion. Interest is computed quarterly and will be credited to the account quarterly.
  • Please see a customer service representative for a complete disclosure regarding additional terms and conditions.

Christmas Club Savings

A great way to save for the holidays

  • This account is an interest-bearing account.
  • A deposit of $10.00 is required to open an account.
  • No monthly fee is assessed with this account.
  • You can make deposits at any time in any amount.
  • Interest will not be compounded on this account and will be paid at maturity. Early withdrawals will be assessed a $25.00 fee. If account is closed before the maturity date, you will not receive the accrued interest.
  • Please see a customer service representative for a complete disclosure regarding additional terms and conditions.

Certificate of Deposit

3 Months, 6 Months, 12 Months, 18 Months, 24 Months, 36 Months, 48 Months

  • A deposit of $1,000.00 is required to open an account.
  • Interest is paid every six months.
  • Interest can be compounded or deposited to checking or savings account.
  • Please see a customer service representative for a complete disclosure regarding additional terms and conditions and call for rates.

Individual Retirement Account

Traditional IRA

FNB Kentucky is pleased to offer this tax advantage account. The 1997 legislation brought some exciting enhancements to the traditional IRA. If you are receiving a distribution from your employer’s retirement plan, you can roll it over directly into an IRA. You benefit in two very significant ways:

  • Avoid immediate taxation and possible penalties
  • Earnings on your retirement dollars grow deferred until withdrawn
  • Please see a customer service representative for a complete disclosure regarding additional terms and conditions.

Roth IRA

Created as part of the Taxpayer Relief Act of 1997 and originally called the American Dream IRA, the new Roth IRA has a lot of people excited, and for some excellent reasons:

  • The tax structure is unlike that of any other IRA: contributions are post-tax, but growth is tax-free. Once you put your money in, you never pay taxes again.
  • It offers simpler distribution requirements. Since you have already paid taxes up front, there are no minimum distribution requirements.
  • Since withdrawals are not re-portable income, they won’t affect your adjusted gross income during retirement.
  • The one potential downside to a Roth IRA is that taxes are paid while working, rather than upon retirement when your tax rate is likely to be lower.
  • Please see a customer service representative for a complete disclosure regarding additional terms and conditions and call for rates.
Banking on the computer

Online Banking

Access your account from anywhere with
First National Bank of Kentucky’s Online Banking.