• More

Savings and Money Markets

Account Type More Info Minimum Opening Balance Monthly Service Charge Minimum Balance to Avoid Service Charge Minimum Balance to Earn Interest
Money Market Savings show/hide $100 $10 $2,500 $0

Account Benefits/Features
  • Interest-bearing limited transaction account 
  • Six (6) FREE withdrawals per month
    • Additional withdrawals $3 per item
  • 50 FREE deposited items per month
    • Additional deposited items $.25 per item
  • Simmons First Bank Anywhere Online Banking
  • Simmons First ATM 
  • Simmons First 24-Hour Telephone Banking Service
  • Monthly paper statement with images or enroll to receive eStatement with images 
  • Free notary service
Benefits and features subject to customer qualification and approval by Simmons First.

To learn more, please contact a Financial Service Representative at any of our convenient locations.
    High Yield Money Market Investment show/hide $100 $15 $20,000 $0

    A money market checking account that gives you a higher rate of interest for maintaining a higher balance. 

    Account Benefits/Features
    • Interest-bearing limited transaction account 
    • Six (6) FREE withdrawals per month
      • Additional withdrawals $3 per item
    • 50 FREE deposited items per month
      • Additional deposited items $.25 per item
    • Simmons First Bank Anywhere Online Banking
    • Simmons First ATM
    • Simmons First 24-Hour Telephone Banking Service
    • Monthly paper statement with images or enroll to receive eStatement with images 
    • Free notary service
    Benefits and features subject to customer qualification and approval by Simmons First


    To learn more, please contact a Financial Service Representative at any of our convenient locations.

    Regular Savings show/hide $100 $5 $100 $0

    An interest bearing, basic savings account that provides a simple and secure way to save money and earn interest..

    Account Benefits/Features

    Benefits and features subject to customer qualification and approval by Simmons First


    To learn more, please contact a Financial Service Representative at any of our convenient locations.

    Youth Savings show/hide $10 $0 $0 $0

    An interest bearing, basic savings account that provides a simple and secure way for account holders under the age of 18 to save money and earn interest.

    Account Benefits/Features

    Benefits and features subject to customer qualification and approval by Simmons First

    To learn more, please contact a Financial Service Representative at any of our convenient locations.

    Health Savings show/hide $100 $3 $0 $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 Benefits/Features

    Benefits and features subject to customer qualification and approval by Simmons First.

                       
    For more information about Simmons First Health Savings account visit Frequently Asked Questions or contact a Financial Service Representative at any of our convenient locations.

    Christmas Club show/hide $5 $0 N/A $0

    An interest bearing savings club account that helps save for the holidays.

    Account Benefits/Features

    If account is closed before interest is credited, customer forfeits any accrued interest.

    To learn more, please contact a Financial Service Representative at any of our convenient locations.

     

    NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

    All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

    The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

    For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.