Everyone has dreams, and the First National Bank of Mount Dora helps dreamers become doers with a range of savings accounts. Come in and talk to us and we'll help you choose the account that's right for your time frame and your goal.
Plus Money Market
This deposit account earns interest and also gives you ready access to your funds by check or withdrawal. Eliminate the monthly fees by maintaining a minimum daily balance.
- $100 deposit to open account.
- $2500 minimum daily balance or $5000 minimum average daily balance to avoid a maintenance fee.
- $7.50 monthly maintenance fee imposed if minimum balance requirements are not met for the statement cycle.
- $ 0.25 fee assessed for each debit item unless minimum balance requirements are met.
- Interest rate subject to change at any time. Interest compounded monthly and credited monthly.
Personal Savings
Forge your own path to financial confidence and fund your dreams with a savings account. Monthly fees can be eliminated by maintaining a minimum monthly balance.
- $50 to open account
- $2 monthly maintenance fee imposed if the balance falls below $200 any day of the month
- Interest compounded monthly and credited monthly
- Interest rate subject to change at any time. Interest compounded monthly and credited to the account monthly.
Christmas Club
- $1 minimum opening deposit required
- Add any amount you wish during the year
- Checks sent to account holder in November
- Unlimited deposits
Certificates Of Deposit (CD)
Keep your money in an FDIC-insured CD while earning interest.
- Various terms available
- Early withdrawal penalties may be imposed
- Accounts automatically renew for similar term upon maturity
To learn more about our savings programs and certificates of deposit, talk to one of our representatives for current interest rate information and to receive complete disclosure on our accounts.
Individual Retirement Accounts (IRA)
Prefer to manage your own IRA? We offer CD IRAs with 6 month, 9 month, 12 month, 18 month, 24 month and 36 month maturities.
- IRAs invested in term certificates of deposit
- Interest compounded quarterly and credited to account quarterly
- $500 minimum opening deposit required
- You may make deposits into your IRA until age 70-1/2
- Withdrawals from principal, before maturity, subject to approval.
- Early withdrawal penalties may be imposed.
Contact Us
For help setting up the right savings account for you, call one of our savings experts at (352) 383-2111 to learn about savings programs. We have options to suit your circumstances, and the personal service to help you feel secure in your decision.