What are the current interest rates at First Southern Bank?

Current rates for First Southern Bank include: 12-Month CD: 2.22%, 18-Month CD: 2.27%, 24-Month CD: 2.42%, 36-Month CD: 2.53%, 48-Month CD: 2.53%, 60-Month CD: 2.53%, Savings: 0.10%, MMA: 0.25%

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First Southern Bank Rates & Review September 2026

Q: How many branches does First Southern Bank operate?

First Southern Bank currently maintains approximately 19 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, First Southern Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, First Southern Bank provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: September 8, 2026

First Southern Bank's 28-Month IRA Certificate rates are at 2.53%, 30-Month IRA Certificate rates are at 2.53%, 36-Month IRA Certificate rates are at 2.53%, 48-Month IRA Certificate rates are at 2.53%, 60-Month IRA Certificate rates are at 2.53%. First Southern Bank's savings rates are at 0.10%. First Southern Bank's money market rates are at 0.25%. MonitorBankRates evaluates the financial stability of First Southern Bank with a 4.6 Star Rating, an B Overall Health Grade, and a Texas Ratio of 19.81%. Rates last updated and verified on 09/08/2026.

First Southern Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at First Southern Bank? Share your experience about First Southern Bank by leaving a review below, or read customer reviews before you decide to use First Southern Bank.

Overall Health & Safety Grade

Solid Health Score: 86/100

MonitorBankRates Rating

4.6

Excellent Out of 5.0 Stars

Texas Ratio

19.81%

Good Higher than avg

Health Trend

Worsening 12 quarters

Full history ›

First Southern Bank

300 Tower Square Plz
Marion, IL 62959

https://www.firstsouthernbank.net

First Southern Bank CD Rates

Product	Rate	APY	Term
28 Month IRA Certificate	2.51%	2.53%	28 Month
Min Deposit $1,000 Min Balance $1,000 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
30 Month IRA Certificate	2.51%	2.53%	30 Month
Min Deposit $1,000 Min Balance $1,000 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
36 Month IRA Certificate	2.51%	2.53%	36 Month
Min Deposit $1,000 Min Balance $1,000 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
48 Month IRA Certificate	2.51%	2.53%	48 Month
Min Deposit $1,000 Min Balance $1,000 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
60 Month IRA Certificate	2.51%	2.53%	60 Month
Min Deposit $1,000 Min Balance $1,000 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
24 Month IRA Certificate	2.40%	2.42%	24 Month
Min Deposit $1,000 Min Balance $1,000 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
15 Month IRA Certificate	2.25%	2.27%	15 Month
Min Deposit $1,000 Min Balance $1,000 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
18 Month IRA Certificate	2.25%	2.27%	18 Month
Min Deposit $1,000 Min Balance $1,000 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
12 Month IRA Certificate	2.20%	2.22%	12 Month
Min Deposit $1,000 Min Balance $1,000 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
6 Month IRA Certificate	2.00%	2.01%	6 Month
Min Deposit $2,500 Min Balance $2,500 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
9 Month Liquid	1.60%	1.61%	9 Month
Min Deposit $5,000 Min Balance $5,000 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
3 Month IRA Certificate	1.50%	1.51%	3 Month
Min Deposit $2,500 Min Balance $2,500 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%

First Southern Bank Savings Rates

Product	Rate	APY
Health Savings Account	2.00%	2.02%
Min Deposit $10 Min Balance $0 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
Business Savings	0.10%	0.10%
Min Deposit $100 Min Balance $0 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
Star Savings	0.10%	0.10%
Min Deposit $100 Min Balance $0 Details Minimum: $100 \| $10 for minors Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%

First Southern Bank Money Market Rates

Product	Rate	APY
Business Premier Money Market	0.25%	0.25%
Min Deposit $2,500 Min Balance $2,500 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
Premier Money Market	0.25%	0.25%
Min Deposit $2,500 Min Balance $2,500 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%

First Southern Bank Checking Rates

Product	Rate	APY
Business Interest Checking	0.20%	0.20%
Min Deposit $1,000 Min Balance $1,000 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
Interest Checking	0.20%	0.20%
Min Deposit $1,000 Min Balance $1,000 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
Fortune 55 Interest Checking	0.15%	0.15%
Min Deposit $100 Min Balance $0 Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%

First Southern Bank Other Rates

Product	Rate	Points	APY/APR
Kasasa Cash Checking	0.05%	-	0.05%
Min Deposit $100 Details When your Kasasa Cash account qualifications are not met, the interest rate earned on the account's entire daily balance will be 0.05% resulting in an annual percentage yield of 0.05% and ATM withdrawal fees are not refunded. Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
Kasasa Cash Checking	1.05%	-	1.06%
Min Deposit $100 Details Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Daily balances over $25,000 earn an interest rate of 0.15% on the portion of the daily balance over $25,000.00, resulting in a range from 1.06% to 0.33% APY depending on the account's daily balance; Reimbursements up to an aggregate total of $30.00 ($3.00 per transaction) for nationwide ATM withdrawal fees incurred within your Kasasa Cash account during that Monthly Qualification Cycle. Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
Kasasa Cash Plus Checking	0.05%	-	0.05%
Min Deposit $100 Details When your Kasasa Cash Plus qualifications are not met, the interest rate earned on the account's entire daily balance will be 0.05% resulting in an annual percentage yield of 0.05% and ATM withdrawal fees are not refunded. Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%
Kasasa Cash Plus Checking	3.25%	-	3.30%
Min Deposit $100 Details Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Daily balances over $25,000 earn an interest rate of 0.15% on the portion of the daily balance over $25,000.00, resulting in a range from 3.30% to 0.78% APY depending on the account's daily balance; Reimbursements up to an aggregate total of $30.00 ($3.00 per transaction) for nationwide ATM withdrawal fees incurred within your Kasasa Cash Plus account during that Monthly Qualification Cycle. Last Updated 09/08/2026 Institution Ratings 4.6 Star Rating B Health Grade ◈ Texas Ratio: 19.81%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Financial Health History

First Southern Bank’s Texas Ratio rose from 15.16% in Q3 2023 to 19.81% in Q2 2026, so its financial health has weakened over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 4.6 and its Health Grade from A- to B. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a bank must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$1.0B	19.81%	4.6	B
March 31, 2026	$1.0B	19.48%	4.6	B
December 31, 2025	$1.0B	7.30%	5.0	A
September 30, 2025	$1.0B	10.13%	5.0	A
June 30, 2025	$1.0B	16.59%	4.9	A-
March 31, 2025	$1.0B	19.79%	4.6	B
December 31, 2024	$1.0B	12.67%	5.0	A
September 30, 2024	$1.1B	12.04%	5.0	A
June 30, 2024	$1.0B	14.25%	5.0	A-
March 31, 2024	$1.0B	13.85%	5.0	A
December 31, 2023	$1.0B	13.84%	5.0	A
September 30, 2023	$1.0B	15.16%	5.0	A-

Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for First Southern Bank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather First Southern Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with First Southern Bank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name First Southern Bank

Bank Holding Company MIDWEST CMTY BANCSHARES INC

Address 300 Tower Square Plz, Marion, IL 62959 · Williamson

Website https://www.firstsouthernbank.net

FDIC Certificate # 15565

Established 19371215

FDIC Insurance Date 19371215

Domestic Offices 19

Total Branches 19

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

Overall Health Grade Score: 86/100

4.6

Excellent Out of 5.0 Stars

19.81%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 1.3710%

Return on Equity (ROE) 12.6900%

Non-Performing Loans (NPL) 1.89%

Total Assets $1,042,148,000

Total Deposits $904,253,000

Equity Capital $112,411,000

Net Income $7,150,000

Headquarters Marion

Total Branches and Offices 19

Source: FDIC | Last Updated 06/30/2026

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Frequently Asked Questions About First Southern Bank

How many branches does First Southern Bank operate?

First Southern Bank currently maintains approximately 19 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, First Southern Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, First Southern Bank provides members with tools to manage their accounts and build a solid financial history.

Does First Southern Bank offer online and mobile banking?

Most modern institutions like First Southern Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.firstsouthernbank.net.