--- title: Grow Your Savings With Variable Rates | Flexible Withdrawals | First State Bank description: Open a variable rate savings account with easy mobile deposits, flexible withdrawals, and quarterly compounding. Start growing your savings today with just a $100 deposit. --- [Skip to Content](https://fsbal.com/savings#body) ![fdic-digital-sign.blacktext](https://fsbal.com/hubfs/fdic-digital-sign.blacktext.svg) Cancel Continue [![Screenshot 2025-05-27 at 12.28.09 PM](https://fsbal.com/hs-fs/hubfs/Screenshot%202025-05-27%20at%2012.28.09%20PM.png?width=89&height=55&name=Screenshot%202025-05-27%20at%2012.28.09%20PM.png "Screenshot 2025-05-27 at 12.28.09 PM")](https://fsbal.com/?hsLang=en) Toggle Menu - [Home](https://fsbal.com) - [Individuals](https://fsbal.com/individual) Toggle children for Individuals - [Checking](https://fsbal.com/checking) - [Cards](https://fsbal.com/cards) - [CDs / IRAs](https://fsbal.com/cds-and-iras) - [Savings](https://fsbal.com/savings) - [Lending](https://fsbal.com/lending) - [Services](https://fsbal.com/services) - [Calculators](https://fsbal.com/calculators) - [Businesses](https://fsbal.com/businesses) Toggle children for Businesses - [Checking](https://fsbal.com/business-checking) - [Cards](https://fsbal.com/business-cards) - [CDs](https://fsbal.com/business-cds) - [Savings](https://fsbal.com/business-savings) - [Lending](https://fsbal.com/business-lending) - [Services](https://fsbal.com/services) - [Calculators](https://fsbal.com/calculators) - [Who We Are](https://fsbal.com/who-we-are) - [Customer Education](https://fsbal.com/customer-education) - [Bank Owned Properties](https://fsbal.com/bank-owned-properties) - [Log In](https://fsbdkcal.banking.apiture.com/DigitalBanking/fx?iid=FSBDKCAL) - Open Search Search Submit Search - [Contact Us](https://fsbal.com/contact-us) # Grow Your Savings Easily Benefit from variable rates with quarterly compounding, easy mobile deposits, and flexible withdrawal options. #### Savings - You must deposit $100.00 to open this account. - This is a Variable Rate Account. Your interest and annual percentage yield may change. - We may change the interest rate on your account at our discretion. - We use the daily-balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. - Interest begins to accrue on the business day you deposit non-cash items (for example checks). - Interest will be compounded quarterly and will be credited in your account quarterly. - If you close your account before interest is credited, you will not receive the accrued interest. - During any month you may not make more than six (6) withdrawals or transfers to another account of yours or to a third party by means of a preauthorized or automatic transfer or telephone order or instruction, computer transfer, or by check, draft, debit card or similar order to a third party. - Please contact customer service at 256-845-6101 to obtain the current interest rate and annual percentage yield for this account. #### Christmas Club - You must deposit $5.00 to open this account. - This is a Variable Rate Account. Your interest and annual percentage yield may change. - We may change the interest rate on your account at our discretion. - We use the daily-balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. - Interest begins to accrue on the business day you deposit non-cash items (for example checks). - Interest will be compounded quarterly and will be credited back at the end of the term. - If you close your account before interest is credited, you will not receive the accrued interest. - Please contact customer service at 256-845-6101 to obtain the current interest rate and annual percentage yield for this account. #### Mobile Deposit Contact any of First State Bank offices and let the customer service representative know that you would like to have this new feature.  - You must have an existing account for at least six months in good standing. - Must be a current online customer. - Checks must be endorsed; Payee signature, for mobile deposit only, FSB. - The bank reserves the right to cancel this service or reject deposits for incorrect endorsements, etc.. - Call your branch today to request this service or for more information or send a message online. [![Screenshot 2025-05-27 at 12.28.09 PM](https://fsbal.com/hs-fs/hubfs/Screenshot%202025-05-27%20at%2012.28.09%20PM.png?width=122&height=75&name=Screenshot%202025-05-27%20at%2012.28.09%20PM.png "Screenshot 2025-05-27 at 12.28.09 PM")](https://fsbal.com/?hsLang=en) We take pride in customer satisfaction as well as keeping your money at "home" where it belongs - working for you and our community. *Hometown Banking - Wherever You Are.* ![EHLlogo](https://fsbal.com/hs-fs/hubfs/EHLlogo.png?width=42&height=50&name=EHLlogo.png "EHLlogo") ![fdic](https://fsbal.com/hs-fs/hubfs/fdic.png?width=117&height=50&name=fdic.png "fdic") ### Resources - [Individuals](https://fsbal.com/individual) - [Businesses](https://fsbal.com/businesses) - [Who We Are](https://fsbal.com/who-we-are) - [Customer Education](https://fsbal.com/customer-education) - [Bank Owned Properties](https://fsbal.com/bank-owned-properties) - [Log In](https://fsbdkcal.banking.apiture.com/DigitalBanking/fx?iid=FSBDKCAL) ### Locations **Fort Payne** 2407 Gault Avenue N 500 Gault Avenue S Phone: 256-845-6101 **Rainsville** 246 Main Street E Phone: 256-638-2200 **Henagar** 17583 Hwy 75 N Phone: 256-657-2200 **Grant Office** 4770 Main Street Phone: 256-728-8000 ### Customer Service ATM available at each location. customersupport@fsbal.com Lost or stolen debit card: 1-800-383-8000  Lost or stolen credit card (Visa™, MasterCard™, and Gold MasterCard™): 1-800-325-3678 **24 hour Telephone Banking** 256-845-0882 NMLS# 435147   © 2025 First State Bank.  Member FDIC. Equal Housing Lender.   [Privacy Notice ](https://fsbal.com/privacy-notice?hsLang=en)| [Terms of Use](https://fsbal.com/terms-of-use?hsLang=en)