First Bank offers fixed- and variable-rate CDs in addition to our Community Pride CD supporting Wayne County high schools.

Fixed-Rate CD

• For customers who are interested in earning a fixed rate of interest that is typically higher than other savings products.
• Available in terms of 3, 6, 18 and 30 months; and 1, 2, 3, 4 and 5 years.
• Minimum opening balances range from $500 to $5,000.
• Tiered Interest rates based on opening account balance.

Variable-Rate CD

• For customers who are interested in earning a variable rate of interest that is typically higher than other savings products.
• Available in terms of 3, 5, 7 or 10 years
• Minimum opening balance is $1,000
• Variable interest rate that is based on the Series EE Bonds.
• A guaranteed minimum Annual Percentage Yield is declared when the CD is opened.

Community Pride CD

• For customers who support their local high school basketball team while investing in a financial instrument with an interest rate typically higher than other savings products.
• 12-month term with no withdrawals allowed until maturity
• Opening balances available from $100 to $2500
• Initial interest rate is established at account opening based on balance.
• Interest rate increases by 10 basis points for every regular-season win and 20 basis points for every post-season/tournament win.
• CD’s available for the following high school teams:
  • Richmond Red Devils
  • Centerville Bulldogs
  • Lincoln Golden Eagles
  • Northeastern Knights
  • Hagerstown Tigers
  • Shelbyville Golden Bears
  • Waldron Mohawks
  • Morristown Yellow Jackets
  • Southwestern Spartans
  • Triton Central Tigers