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Checking and Savings

Certificates of Deposit (CD's)

Certificates of Deposit are term savings deposits that provide a great way to lock up higher rates of interest.  They are safe, secure and provide a guaranteed rate of return.

CD's from 1st Bank are also well suited as a way to fund contributions to Individual Retirement Accounts (IRA's). A $500 minimum deposit is required, and variable terms are available beginning at three months.* 

Guaranteed interest rates change according to market conditions.  Consult your local 1st Bank branch for current details.

*Regulations require a penalty for early redemption of Certificates of Deposit. CD's with an initial term of one year or less require a one month interest penalty for early withdrawal. CD's with an initial term of one year or more require a three month interest penalty, See your 1st Bank representative for further information.

CD Terms and Rates effective as of 7/21/2010 .

1st Bank CD Terms/Yields

Special Terms/Rates
Term	Minimum Balance to Open/Earn APY*	Interest Rate	Annual Percentage Yield
19 Months	$500	1.10%	1.11%
37 Months	$500	2.00%	2.02%

Tiered Certificates of Deposit
Term	Minimum Balance to Open/Earn APY*	Interest Rate	Annual Percentage Yield
12 Months	$500-$24,999 $25,000-$49,999 $50,000 and over	0.70% 0.75% 0.80%	0.70% 0.75% 0.80%
24 Months	$500-$24,999 $25,000-$49,999 $50,000 and over	1.10% 1.15% 1.20%	1.11% 1.16% 1.21%
36 Months	$500-$24,999 $25,000-$49,999 $50,000 and over	1.50% 1.55% 1.60%	1.51% 1.56% 1.61%
48 Months	$500-$24,999 $25,000-$49,999 $50,000 and over	2.10% 2.15% 2.200%	2.12% 2.17% 2.22%

Additional Terms/Rates
Term	Minimum Balance to Open/Earn APY*	Interest Rate	Annual Percentage Yield
3 Months	$500	0.15%	0.15%
6 Months	$500	0.30%	0.30%
9 Months	$500	0.40%	0.40%
18 Months	$500	0.80%	0.80%
30 Months	$500	1.30%	1.31%

*APY = Annual Percentage Yield

Jumbo CD's

1st Bank also offers special Jumbo CD rates and terms on deposits of $100,000 or more. Consult your local 1st Bank branch for available terms and rates.