First Bank offers fixed- and variable-rate CDs

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.