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Savings & Investments

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Save Today for Peace of Mind Tomorrow!

What’s stopping you from saving money? At First Bank of Alabama, we offer multiple ways to save, from easily accessible savings accounts to CDs and retirement accounts. We believe that when it comes to saving for your future, the best time to start is now!

Open your account TODAY! 


Customer Service

PO Box 797
Talladega, AL 35161

(256) 362-2334

Contact Us Online

Savings & Investment Account Comparison



Personal Savings

Money Market

Certificate of Deposit

Individual Retirement Account

Best fit for you if you need...24/7 access to your account, while earning Interest with no investment riskAccess to your account at any time, with tiered Interest Rates that pay higher Interest for higher account balancesA range of terms to fit your unique savings goalsTraditional and ROTH Account options
Monthly fee$0 with $100 minimum daily balance,
$5 otherwise
$0 with $2,500 minimum daily balance,
$12 otherwise
Penalties for early withdrawalPenalties for early withdrawal
Minimum opening balance$100$2,500$500$500
InterestBalances $100+Balances $2,500+
Interest Tiers:
$2,500 - $9,999
$10,000 - $49,999
$50,000 - $99,999
$100,000 - $249,999
Rates vary based on the amount and term: monthly, quarterly, semi-annual or annual disbursement options availableRates vary based on the amount and term; Interest paid may be tax-deferred (consult with your tax adviser)
StatementQuarterly E-Statement or Paper StatementMonthly E-Statement or Paper Statement with Check ImagesPaper Statement at end of termAnnual Paper Statement
$5 fee per withdrawal in excess of 2 per month

$10 fee per withdrawal in excess of 6 per month
No withdrawals during the term without penaltyWithdrawals during the CD term subject to penalty; additionally, the IRS may impose penalties for disbursements before age 59 1/2

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