Tempted to spend? Lock up your savings in a CD, where it will earn guaranteed returns over a set term.
Key Features
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Competitive, Fixed Interest
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Wide Range of Terms
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Automatic Renewal
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Guaranteed Returns
Details
- Fixed interest, higher than regular savings accounts
- Rate increases along with the length of the term
- More guarantee than other risky investments
- Wide range of terms available (from 3 months to 5 years)
- Subject to penalty upon early withdrawal
- Renews automatically upon maturity
- $500 minimum deposit to open
CDARS®
FDIC insurance doesn't have to stop at $250,000. CDARS offer full FDIC insurance for all CDs over $250,000. Plus, we handle the management of your CDs on our end. That way, you gain better rates and peace of mind without inheriting the workload to match.
- Earn competitive rates, higher than regular savings, which may compare favorably with other investment alternatives
- Greater security; multi-million dollar FDIC insurance coverage
- Convenience; everything is managed internally by 1st National Bank:
- One interest rate
- One regular statement
- One year-end tax form
- Flexible maturity periods available
- Helps support lending opportunities within your local community
