Savings & Retirement Calculators
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These calculators show you the impact of a disciplined savings approach as you work toward your goals. 

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Stronger savings rates are our forte

When you want a bank whose deposit account rates are structured to maximize your savings, turn to First American Bank. Our various accounts are designed for you to reach your short- or long-term goals. We assist customers throughout Illinois, Wisconsin, Florida and beyond by delivering on our promise to improve everyone's financial well-being.

Checking Accounts

Rates Effective: 11.22.19
Product Balance Interest Rate Annual Percentage Yield (APY)
Advantage Checking
Disclosure
≥ $0.01 0.00% 0.00%
≥ $1,000 0.10% 0.10%
≥ $5,000 0.10% 0.10%
≥ $25,000 0.15% 0.15%
≥ $50,000 0.25% 0.25%
≥ $250,000 0.40% 0.40%
Everyday Rewards Checking
Disclosure
< $15,000 1.00% 1.00%
≥ $15,000 Between 1.00% and 0.15% APY (Example: 0.79% APY will be paid on $20,000)
Optimal Checking
Disclosure
≥ $0.01 0.00% 0.00%
≥ $1,000 0.10% 0.10%
≥ $5,000 0.10% 0.10%
≥ $25,000 0.15% 0.15%
≥ $50,000 0.20% 0.20%
≥ $250,000 0.30% 0.30%
Savings Accounts

Rates Effective: 11.22.19
Product Interest Rate Annual Percentage Yield (APY) Terms & Conditions
Easy Savings
0.10% 0.10% Disclosure
Minor Savings
0.10% 0.10% Disclosure
Student Savings
0.10% 0.10% Disclosure
Money Market Account

Rates Effective: 11.22.19​
Product Balance Interest Rate Annual Percentage Yield (APY)
Optimal Money Market
Disclosure
≥ $0.01 0.00% 0.00%
≥ $1,000 0.10% 0.10%
≥ $5,000 0.10% 0.10%
≥ $25,000 0.20% 0.20%
≥ $50,000 0.25% 0.25%
≥ $250,000 0.90% 0.90%
Certificates of Deposit

Rates Effective: 11.22.19
CD Term Interest Rate Annual Percentage Yield (APY) Terms & Conditions
3 Months
0.100% 0.10% Disclosure
6 Months
0.200% 0.20% Disclosure
12 Months
0.399% 0.40% Disclosure

Frequently Asked Questions

The routing number for First American Bank is 071922777.
You can order checks within Online Banking. Log in to Online Banking and from the 'Account Summary' page, click on 'Order Checks' next to the account you'd like to order checks for. Or you can visit any of our branch locations to order checks.
If you inadvertently overdraw your checking account, First American Bank offers several easy-to-access, low-cost ways to protect your checking account against overdrafts. Visit Overdraft Protection page for more information.
Visit our branch locations page to find location near you and to see the hours of operation.
Opening your new account is easy. You can open your account online or visit any of our branch locations.

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