you earn more
Earn Higher Interest on Your 7-Month CD
When Philly Scores
- 7-Month CD 2.00% APY + Philly Points (Final Team Score)
- Requires a $2,500 minimum deposit of new funds; new funds are funds not currently on deposit at Firstrust Bank or through Firstrust Financial Resources
- Each week the CD APY will change based on Philly’s final score
- Must be purchased and funded by the Firstrust Bank business day preceding the next regular season game played by the Philly team
Here’s an example of How it works:
1You open a
(Game after you fund your cd)
3Your Apy is
(2.00% plus .35%)
*Example based on fictitious points and end rate.
CD Rate Tracker
|Opponent||Availability||Base Rate||Philly’s score||CD RATE|
|Atlanta||8/27 – 9/5||2.00%||18||2.18%|
|Tampa bay||9/6 – 9/15||2.00%||21||2.21%|
|Indianapolis||9/16 – 9/22||2.00%||TBD||OPEN TODAY|
|Tennessee||9/23 - 9/29||2.00%||-||-|
|Minnesota||9/30 - 10/6||2.00%||-||-|
|New York (G)||10/7 – 10/10||2.00%||-||-|
|Carolina||10/11 – 10/20||2.00%||-||-|
|Jacksonville||10/21 – 10/27||2.00%||-||-|
|Dallas||10/28 – 11/10||2.00%||-||-|
|New Orleans||11/11 – 11/17||2.00%||-||-|
|New York (G)||11/18 – 11/24||2.00%||-||-|
|Washington||11/25 – 12/1*||2.00%||-||-|
|Dallas||12/2 – 12/8||2.00%||-||-|
|Los Angeles (R)||12/9 – 12/15||2.00%||-||-|
|Houston||12/16 – 12/22||2.00%||-||-|
|Washington||12/23 – 12/29||2.00%||-||-|
*Next day (Sunday) cut-off for online account opening.
Opening a CD is Easy
InformationComplete an application online.
FundFund your CD by transferring money from any bank.
GrowLogin to Online Banking to watch your money grow.
What is the minimum deposit for
this 7-Month Certificate of Deposit (CD)?
To receive this 7-Month rate you must open the CD with at least $2,500 of new funds. New funds are funds not currently on deposit with Firstrust Bank or through Firstrust Financial Resources.
How do I fund my CD?
Through our online application, you can fund your new CD by transferring funds from another financial institution by external transfer.
Can I make additional deposits
to a CD?
No. Additional deposits cannot be made during the term of the CD. However, once the CD matures, you have the opportunity to deposit additional funds and roll over the CD into a new term during the 7-day grace period, starting with the maturity date.
How do I receive my money when
my CD matures?
We make it easy for you to receive your funds. Just let us know by calling 800-220-BANK, appearing in person at one of branch locations, sending us your maturity notice or mailing us a letter with your request before your CD matures. You also have a grace period of 7 days starting with the maturity date to make a withdrawal without being charged a penalty.
If you do not let us know you want to receive your funds, we will automatically renew your certificate of deposit. The renewal interest rate and annual percentage yield (APY) will be determined at the time of renewal.
What is the penalty for an early
withdrawal from my CD?
If you redeem your CD before it matures, a penalty will be imposed.
*The Firstrust 7-Month CD will earn the initial Annual Percentage Yield (APY) from the date the 7-Month CD is funded through the date of the next regular season game played during the 2018/2019 season. The APY for theFirstrust 7-Month CD will increase in basis points by the number of points Philadelphia scores in the first game played after the 7-Month CD is opened. The increase, if any, will be effective on the first Firstrust Bank business day following that game and the new APY will be effective until the first maturity date. The 7-Month CD can only receive a one-time basis point increase; the 7-Month CD does not accumulate basis points for any other 2018/2019 season games. A new 7-Month CD must be opened prior to each game at the initial yield to earn basis points for that game. For example, if you open a 7-Month CD and Philadelphia scores 35 points in their next game after you fund the7-Month CD, your APY is 2.00% plus .35% for a total of 2.35%. May not be combined with any other offer. See your7-Month CD Addendum for complete details.
1Initial APY on the 7-Month CD is subject to availability and the offer may change or be withdrawn at any time and without notice at the bank’s discretion. Minimum deposit to open the account and obtain the APY is $2,500. $2,500 minimum deposit of new funds required. New funds are funds not currently on deposit at Firstrust Bank or invested through Firstrust Financial Resources. The maximum opening deposit for this 7-Month CD is $500,000. All other terms and conditions of the 7-Month CD, including compounding of interest, are the same as Firstrust Bank’s CDs as defined in the current Truth in Savings Disclosure. The APY may change after the account is opened. 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.) APY is accurate as of 08.26.2018.