CERTIFICATES OF DEPOSIT   CDs typically pay higher interest rates than many other savings products View Rates » Interest can be credited to the CD or to a First National checking or savings account Most accounts are FDIC insured up to $100,000. There is no charge to open a CD A First National CD can be used as collateral for a First National loan.              Penalty for Early Withdrawal           *One year or less:  1 month interest penalty           *More than one year: 3month interest penalty Are you interested in learning more about purchasing CDs through First National Bank of Manchester?  Please contact one of our Representatives at a location near you.           Certificates of Deposit (CDs) are an excellent tool for managing your money when you are able to set aside funds for a period of time. With a CD, you maximize your interest rate and enjoy the security of FDIC Insurance. First National Bank offers CDs for many terms, some with a minimum deposit of just $500.