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First Bank also offers a wide range of CDs and IRAs to suit your investment needs. The various terms, minimum opening deposit and balance to obtain annual percentage yield, interest rate and annual percentage yield are listed below.

 

Certificates of Deposit

rates_cds table
TermMinimum Opening Deposit & Balance to Obtain Annual Percentage YieldInterest RateAnnual Percentage Yield
1 month CD$500.00.20.20
3 month CD$500.00.20.20
6 month CD$500.00.25.25
9 month CD$500.00.35.35
12 month CD$500.00.35.35
18 month CD$500.00.55.55
24 month CD$500.00.70.70
36 month CD$500.00.95.95
48 month CD$500.001.301.31
60 month CD$500.001.501.51

 

 

 

These APY’s are accurate as of March 20, 2020.
A penalty may be imposed for early withdrawal.
Daily Balance is the amount of the principal in the account each day.

 

 

 

 

 

IRA’s

 

 

 

 

 

 

 

 

 

rates_iras table
TermMinimum Opening Deposit & Balance to Obtain Annual Percentage YieldInterest RateAnnual Percentage Yield
12 month IRA$100.00.35.35
18 month IRA$100.00.55.55
24 month IRA$100.00.70.70
36 month IRA$100.00.95.95
48 month IRA$100.001.301.31
60 month IRA$100.001.501.51

 

 

 

 

 

These APY’s are accurate as of March 20, 2020. 
A penalty may be imposed for early withdrawal.
Daily Balance is the amount of the principal in the account each day.

 

 

 

 

 

For more information about our various CDs & IRAs, or if you would like additional information about any one of our products and/or services, please contact us today.