FirstBank CD Rates
In this blog, we aim to discuss the highest CD rates offered by different banks and today we will discuss the CD rates of FirstBank. We hope this discussion on best CD rates will help you to make the right financial decisions.
FirstBank is committed to maintain customer service in a friendly, convenient and intelligent manner. They are successful bankers and owe their success to their core values held right from the inception. They have high regard for community investment and they have grown through commercial lending and innovative banking. Their commitment to customers remains unchanged.
There are many broad categories of CD and they are Time Savings Account and Time Deposit Account. FirstBank CD rates are 0.30% APY for a period of 91 days, 0.70% APY for 1 year term and 0.90% for 2 years. A minimum of $500 is required, failing on which a service charge of $5 is charged every quarter. People below the age of 18 are exempted from this service charge.
The next is the Time Deposit Account. FirstBank certificate of deposit rates for 91 days Time Deposit is 0.30% APY and for a period of 182 days, it is .50% APY. For 1 year Time Deposit deposit, the current CD rates are 0.70% APY, 2 years is 0.90% APY , 3 ½ years is 1.10% APY and for 5 years it is 1.70% APY. The minimum deposit is $500.
There is another scheme called the Premium Time Account. For 91 days Premier Time Account, the interest rate is 0.40% APY while for 182 days, it is 0.60% APY. The interest rates for a period of 1 year is 0.80% APY, 2 years is 1.30% APY, 3 ½ years is 1.50% APY and for 5 years, the interest rates are 2.30% APY. The minimum deposit under this scheme is $10,000.
[...] Highest CD Rates presents one of Colorado’s top banks named Firstbank; CD rates from this finaical establishment are backed with nearly 50 years of top quality customer service. [...]