Smart Start Savings

When the piggy bank is too small

How many times have you wished you started saving earlier?

Well, your kids or grandkids can do what you wished you would have done. FSB offers our future leaders a great way to get their savings ball rolling and keep it moving with our Smart Start Savings Account. Your child is eligible for the account until they turn 18. Add a FSB checking account and they earn the same rate until they are 24.

  • Earn 2.00% APY* on balances up to $5,000 6
  • Ages 0-18 (up to 24 with FSB Checking Account) 
  • FREE I-Banking
  • FREE Mobile Banking
  • FREE E-Statements
  • No inactivity fees
  1. $100 Minimum Opening Deposit
  2. $100 Minimum Balance
  3. Must be 17 or younger to qualify
  4. Add a FSB checking account and qualify until age 24
  5. Child's Social Security card required to open account
Balance APY* Interest Rate
$100 - $4,999.99 2.00% 1.99%
$5,000 - $9,999.99 1.00% 1.00%
$10,000 + 0.50% 0.50%

Rates Effective As Of

6Interest Compounded Monthly. Max 6 Withdrawals per month.If the daily balance is less than $5,000 then an interest rate of 1.99% & APY of 2.00% will be paid on that portion of the balance. A balance of $5,000-$9,999.99 the interest rate is 1.00% & APY range of 2.00% to 1.50% on that portion of the balance. A balance of $10,000 or more the interest rate is 0 .50% on that portion with an APY range of 1.50% to 0 .50%. Savings minimum balance fee of $1.00. Monthly paper statement fee of $2.00 (eStatements free w/ valid email address). Fees may reduce earnings.

* APY = Annual Percentage Yield. Rates & APY are variable and may change daily. Available on personal accounts only and only one account per individual. “Only available in FSBs trade area”.

For more details please visit a Farmers State Bank location, call FSB at 1-877-FSB-1879, or email us at