If you are saving for a long-term goal, a certificate of deposit is a good way to earn higher interest. When you purchase a certificate of deposit, you agree to leave your money on deposit for a specific period of time in return for a guaranteed interest rate. Early withdrawal penalties apply.
Short-Term CDs
A fixed-rate certificate with a term less than 12 months. The rate is guaranteed for the term selected.
- Interest compounded daily
- $5,000 minimum required for monthly CD interest checks
- Automatic renewal with grace period
- Free access to account information with Internet banking and telephone banking
- Early withdrawal penalties apply
- Balance can offset packaged checking balance requirements
View Rate Chart
Long-Term CDs
A fixed-rate certificate with a term of 12 months or longer.
- Interest compounded daily
- $5,000 minimum required for monthly CD interest checks
- Automatic renewal with grace period
- Free access to account information with Internet banking and telephone banking
- Early withdrawal penalties apply
- Balance can offset packaged checking balance requirements
View Rate Chart
Jumbo CDs
A fixed-rate investment with a term of seven days to one year.
- Simple interest credited at maturity. No interest will be paid after maturity if not renewed by customer
- You choose number of days until maturity (excluding weekends and bank holidays)
- Notification sent at maturity; not automatically renewable
- Rate is fixed at time of purchase for term you select
- Free access to account information with Internet banking and telephone banking
- Early withdrawal penalties apply
- Balance can offset packaged checking balance requirements
View Rate Chart
Want to find out more about our CD products? Call a Firstrust Banking Specialist at
800-220-BANK (2265) or email us at info@Firstrust.com.