With this First Citizens Bank CD rates October, 2014 update is a report from Highest CD Rates on the recent changes that have occurred. While they only advertise three terms and their associated First Citizens Bank certificate of deposit rates, the longest term, the 3 year CD has seen a decrease of 0.05% in the APY it was earning from earlier in the year.
The current CD rates include the 1 year CD that is earning an APY of 0.10%. The 2 year CD is earning an APY of 0.20%. The best CD rates are from the 3 year CD that is earning an APY of 0.25%.
The minimum deposit required to open a CD account for the above fixed rates is set at $500. This same deposit amount is also available for the 32 to 181 day CDs, the 182 to 364 day CDs and both terms of 4 and 5 year CD accounts. Those terms and rates are not available online.
There are also the 6 to 17 month Premier CD accounts. This has a minimum deposit amount of $5,000 to open an account. It is a fixed rate type of account that also has a tiered format with upper levels being $10,000 and $50,000. The exact CD rates for these accounts are only disclosed by a local First Citizens Bank branch office and are not available online.
The First Citizens CD rates were posted on October 19, 2014, but are subject to change without any prior notice.