CERTIFICATES OF DEPOSIT
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.
- CDs typically pay higher interest rates than many other savings products
- Interest can be credited to the CD or to a First National checking or savings account
- 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
*13 Months up to 32 months: 3 month interest penalty
*Greater than 32 Months: 6 month 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.