Daily Archives: May 9, 2011

Is there a Solution to Low Interest Rates offered at Banks?

Rates on deposit accounts at banks have been low for what probably seems like forever. And it’s discouraging to see the same low rates (or lower) every day when you walk into the Bank and think about where you might best use your money. Banks provide safety but not necessarily the best rates of return when compared to the stock market.

However, the stock market doesn’t carry FDIC insurance coverage on deposits so people are often willing to sacrifice rate to keep safety, especially considering all that we’ve been through in recent years with the credit crisis, stock market volatility, and declining values in real estate.

Wouldn’t it be refreshing to earn a GREAT rate of return, keep funds liquid, and retain the security of FDIC insurance on your deposits?

Turns out that at First National Bank, as of today, you can have it all…it’s a little thing called Kasasa…and it’s worth checking out!


Member FDIC