Although the accounts are managed by the management company, all accounts are owned by the association. There is no minimum account balance required. The monthly maintenance fee (when applicable) is charged to one account only, regardless of the number of accounts held by the association.
Reserve Money Market Accounts
Earn a high rate of interest on your short term excess funds.
Reserve Certificates of Deposit
We offer very competitive rates at maturities established to meet your specific need. Our 13 Month Liquid Access CD allows 2 additional deposits and 2 penalty free withdrawals during the term of the CD.
First Associations Bank is a member of CDARS, which enables us to provide up to $50 million in FDIC insurance for CDs placed through the CDARS network of banks.