Start Saving Today! 

Click here to have a personal banker contact you.

Offering more savings than anyone: Savings, Money Market, CDs, IRAs


No matter what age you are it's never too early or too late to save. We provide different types of savings accounts for our customers to make saving easy. Whether you need a regular savings account to cover overdrafts or schedule recurring transfers, earn interest, or put away money in a CD, we have you covered.

Regular Savings

Pre-authorized transfers or withdrawals are limited to six per statement. Minimum balance required to avoid quarterly fee.

Money Market

A savings vehicle that allows you to gain interest and has check writing ability. Pre-authorized transfers, checks or withdrawals are limited to six per month. Minimum balance required to avoid monthly fee.

Youth Savings

Designed for individuals younger than 18. Pre-authorized transfers or withdrawals are limited to six per month.

Holiday Club

At First National Bank of South Miami, we offer a Holiday Club account to help you save money for the holidays or any other special events such as a vacation. You can even use it to pay your property taxes! Start your Holiday Club account with as little as $5.00 and add to it as often as you like. You will receive a coupon book to use to make your deposits. At the end of October, we will mail you your check for the balance of the account.

Regular CDs 

Require a minimum opening deposit of $2,500.¹

Youth CDs

Designed for individuals younger than 18. The minimum opening deposit is $500. Since the account owner is under the age of 18, a parent or guardian must co-sign the account documentation.¹

Open a CD today! 

Click here to have a personal banker contact you.

Traditional IRAs

Allow you to defer taxes on the earnings on your contributions until they are withdrawn. Also, certain contributions are tax-deductible in the tax year for which they are made. ¹

Roth IRA 

Allows only non-deductible contributions and features tax-free withdrawals for certain distribution reasons after a five-year holding period. Qualified distributions of earnings from a ROTH IRA are not subject to federal income taxes. We offer various terms for traditional or ROTH IRAs.¹

All IRAs have a required minimum opening deposit of $2,500 and must be opened as a CD.

Consult your tax advisor about deductibility of contributions and other tax benefits of IRAs.

Get started with an IRA today! 

Click here to have a personal banker contact you.

¹ A penalty will be imposed for early withdrawal


Online Financial Management

Online Financial Management included in our online suite is a free service that let's you track and categorize your spending, set budgets, and plan for retirement. Take advantage now by subscribing for our Cash Edge O.F.M. product.