Account Types

Savings Account

Higher rewards on your balance!

We provide a simple plan for persons wishing to save regularly to achieve personal goals. This account will facilitate salary deposits, loan payments and standing order deductions.

• Minimum opening balance of BBD$300.00
• Free ATM/Debit card available
• “No wait” deposit facility available
• Interest is calculated daily and paid quarterly in March, June, September and December.
• A minimum balance fee is charged on balances below BBD$300.00

First Citizens 50+

Are you aged 50-years-old or over? Then the First Citizens 50+ plan is for you. This account is for senior persons but the “Withholding Tax” exemption applies from age 60 and over.

Account holders are exempt from most fees and charges…and will qualify for other special services offered by the Bank.

Account Features

• Minimum opening balance of BBD$5000
• Interest calculated on balance daily and paid quarterly in March, June, September and December
• No Withholding Tax (from age 60)
• “No wait” deposit facility available
• Standing order initial set up waived
• Local and Foreign Drafts – 50% of existing bank charge plus stamp duty
• Foreign Cheques Purchase – 50% of existing bank charge plus stamp duty

First Citizens Smart Start

This “first” savings plan provides parents, grandparents and guardians with a facility to create a foundation for savings for their children.

Account Features:

• Start the plan with BBD$50.00
• Minimum balance fee of BBD$1.00 on balances below BBD$50.00
• Interest calculated daily and paid quarterly in March, June, September and December.
• “No wait” deposit facility available

Fixed & Term Deposits

A term deposit account is an investment product designed for the customer who wants a higher rate of interest than is available on a regular savings account. In the term deposit the amount invested (principal), and the time (period) are fixed.

Account Features

• Minimum deposit of BBD$10,000.00
• Minimum term of one year 
• Interest payments will be made periodically
• Early redemption penalty of 2% less than the agreed rate at the time the deposit was opened
• Interest rates are tiered
• Automatic renewal on maturity, at prevailing rate, unless the bank is notified prior to maturity date

Chequing Account

With our Chequing Account you have the added convenience of writing cheques against your account.

• Minimum opening balance of BBD$500.00
• Free ATM/Debit card available
• “No wait” deposit facility available
• Account transaction statements are mailed monthly with cancelled cheques