Long Term Investments earn you more cash.
Long-Term CDs & IRAs are fixed-rate certificates with a term of 12 months or more with:
- Interest compounded daily
- Automatic renewal with grace period
- Free access to account information through online and telephone banking
- Early withdrawal penalties
*Annual Percentage Yield (APY) is subject to change at any time without notice at the bank’s discretion. Please call 800-220-BANK to determine if any of these rates have changed. Rates vary based on term. All other terms and conditions of the CD, including compounding of interest, are the same as Firstrust Bank’s CDs as defined in the current Truth in Savings Disclosure. Eligible for Regular CDs and Traditional, Roth and SEP IRAs. There is a penalty for early withdrawal. Additional federal penalties may apply for IRA CD withdrawals below age 59 ½. (Please consult your tax advisor.) There is a seven calendar day grace period at maturity.
**13-month CDs, 23-month CDs, 35-month CDs, 47-month CDs and 59-month CDs require a $2,500 minimum deposit of new funds to open the account and obtain the APY. New funds are not funds currently on deposit at Firstrust Bank or through First Financial Resources: $500,000 maximum deposit.