| Account Type |
More Info |
Minimum Opening Balance |
Monthly Service Charge |
Balance to Avoid Service Charge |
Minimum Balance to Earn Interest |
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Money Market Savings
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$100 |
$10 |
$2,500 |
N/A |
A savings account that rewards you for keeping more money in your account.
Account Features
- Interest-bearing account with a higher variable rate.
- FDIC insurance
- Free direct deposit of Social Security and retirement checks
- Free notary service
- Allows six free withdrawals each month-three by check
- Monthly statement-with images
- No annual fee Simmons First 24 Hour Banking (ATM) Card for nationwide 24-hour access to your funds 365 days a year.
- Simmons First Classic Checking Card allows you to use your checking account (without writing checks) all over the world at participating VISA merchants.
*Benefits and features subject to customer qualification and approval by Simmons First.
*$100 required to open account.
To learn more, please contact a Financial Service Representative at any of our convenient locations.
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High Yield Money Market Investment
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$100 |
$15 |
$20,000 |
N/A |
A money market checking account that gives you a much higher rate of interest for maintaining a higher balance.
Account Features
- High yielding interest rate
- Quick access to your money
- No penalties for early withdrawal
- FDIC insurance
- Free direct deposit of Social Security and retirement checks
- Free notary service
- Allows six free withdrawals each month- three by check
- Monthly statement-with images
- No annual fee Simmons First 24 Hour Banking (ATM) Card for nationwide 24-hour access to your funds 365 days a year.
- Simmons First Classic Checking Card allows you to use your checking account (without writing checks) all over the world at participating VISA merchants.
*Benefits and features subject to customer qualification and approval by Simmons First
*$100 required to open account.
To learn more, please contact a Financial Service Representative at any of our convenient locations.
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Regular Savings
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$100 |
$3 |
$100 |
$0 |
A basic savings account to fit all of your needs.
Account Features
- Earns interest, compounded quarterly
- Quarterly statement
- FDIC insurance
- Free direct deposit of Social Security and Retirement Checks
- Free notary service
- Unlimited deposits
- Free Online Banking (link to Learn More Online Banking)
*Benefits and features subject to customer qualification and approval by Simmons First
*$100 required to open account.
To learn more, please contact a Financial Service Representative at any of our convenient locations.
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Youth Savings
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$10 |
$- |
$- |
$0 |
A savings account for today's youth.
Account Features
- No monthly service charge.
- Quarterly statement
- Earns interest, compounded quarterly
- FDIC insurance
- Free direct deposit of Social Security and Government Checks
- Free notary service
- Unlimited deposits
- Free Online Banking (link to Learn More Online Banking)
- *Benefits and features subject to customer qualification and approval by Simmons First
- *$10 required to open account.
To learn more, please contact a Financial Service Representative at any of our convenient locations.
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Health Savings
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$100 |
$35 annually |
N/A |
$0 |
"As health care costs continue to rise, many employers are learning about a smart way to save for these expenses. A Health Savings Account (HSA) is a tax advantaged account that can be funded by an employer, the employee, or another qualified party. Contributions to the account are tax deductible, and the HSA may accrue interest on a tax- deferred basis. Also, account withdrawals to pay for qualified health expenses are tax-free, providing participants with significant tax savings. An HSA may be portable between employers."
Account Features
- Unlimited check writing & deposits
- Interest bearing checking account
- Higher the balance, the higher the rate
- FDIC Insurance
- Free direct deposit
- Free notary service
- Monthly statement
- Free Online Banking (link to Learn More Online Banking)
- Free Simmons First Classic Checking Card
*Benefits and features subject to customer qualification and approval by Simmons First.
*$100 required to open
For more information about Simmons First Health Savings account visit Frequently Asked Questions.
To learn more, please contact a Financial Service Representative at any of our convenient locations.
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Christmas Club
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$5 |
$- |
N/A |
$0 |
Single maturity, interest bearing time account that helps build savings for the holidays
Account Features
- FDIC insurance
- Allows six free withdrawals each month- three by check
- One (1) FREE withdrawal per quarter
- Annual statement
- Free Online Banking (link to Learn More Online Banking)
*Benefits and features subject to customer qualification and approval by Simmons First.
*$5 required to open.
*Free Checking is available to individuals only, not available to commercial customers
To learn more, please contact a Financial Service Representative at any of our convenient locations.
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