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Savings Accounts

December 21, 2024 6:44 AM

Be Aware of Social Engineering Scams!

First Piedmont will never contact you and ask for your account number, debit card number, social security number, or other personal identifying information; we already know it. If you are contacted by someone who identifies themselves as an employee or associate of First Piedmont and they ask you to provide the type of identifying information mentioned above, DO NOT provide it. Instead, hang up and contact your local branch office so they can verify the calls legitimacy.

If you have a question, would like to meet with a loan officer or open a new deposit account please call 864-489-6046 and we will be glad to answer your questions over the phone or set up an appointment with a member of our staff. You can also email us at questions@firstpiedmont.com. Thank you for your cooperation.

First Piedmont – Our “Prime Interest” is YOU!

$150 Minimum Opening Deposit
$25 Minimum Opening Deposit

Statement Savings

$150.00 minimum opening deposit
$150.00 minimum balance required
$3.50 service charge if balance falls below $150.00
2 free withdrawals allowed monthly
$1.25 per withdrawal in excess of 2
Interest accrues daily. Credits and compounds to account quarterly
Free ATM card
Free 24 Hour Bankline
Free Online Banking
Monthly statement mailed if activity during month. Statement sent June and December regardless of account activity.
"Real Time" Banking - no 2:00 pm cutoff
Fees may reduce earnings

Health Savings

Account guidelines same as for Statement Savings
Savings account set up specifically for medical expenses
Tax deductible contributions
Tax free earnings
Qualified distributions tax free
To qualify must be covered under a HDHP (High Deductible Health Plan)
Fees may reduce earnings

Christmas Club

$25.00 minimum opening deposit
Interest accrues daily. Credits and compounds to account quarterly.
Total accrued balance is automatically mailed out to account owner in November. After balance is mailed out in Novemberr, account remains open and can begin accepting deposits for the following year.
One other free withdrawal allowed during year.
Any additional withdrawal will result in account closure.
Fees may reduce earnings

Custodial for Children

$25.00 minimum opening deposit
Service charges are waived until age 18
Interest accrues daily. Credits and compounds to account quarterly.
Monthly statement mailed if active during month. June and December mailed regardless of activity.