Certificates of Deposit
Set aside funds for a specific date or purpose with a certificate of deposit (CD). A CD enables you to earn a specified, competitive rate of interest until maturity. It can also be used as collateral for loans.
| Minimum deposit to open: $750 |
| Interest accrues from the first day of deposit |
| Tiered interest rates by dollar amount and duration |
| Terms on amounts over $5,000,000 must be approved in advance |
| Notice mailed prior to maturity date |
| Government-regulated penalty applies for early withdrawal |
| Automatically renewable when specified at time of purchase (not available on CDs over $5,000,000) |
| Bank rate at time of renewal will apply |
See current annual percentage yield (APY) and balance/maturity tiers.
Auto-Renewable CDs
- For CDs with terms of less than 12 months / 365 days interest may be paid to a First National checking or savings account or compounded to the CD account at maturity.
- For CDs with terms 12 months or greater interest is paid to a First National checking or savings account or compounded to the CD account least annually.
- Interest is calculated using the daily balance computation method.
Individual Retirement Account (IRA)
Start building a nest egg for your retirement today with a First National IRA. Money invested into an IRA can often be deducted from your taxes, depending on your involvement in an employer-sponsored retirement plan.1
More Options to Save
Learn more about other investment options with our Wealth Management and Trust services.*
* Investment products are not insured by the FDIC; are not deposits; and may lose value.
Secure Your Financial Future
Contact us today to get started with these long-term savings options.
Fees
View our Personal Account Fees for more information.
Disclosures
- Please consult your tax and legal advisors to determine how this information may apply to your own situation.