FirstMerit Bank CD Rates
The aim of this blog is to give you the highest CD rates of the different banks from time to time. We hope this information on the best CD rates will go a long way in helping you to make the right financial decisions.
FirstMerit Bank has been in business for the last 165 years with the oldest branch in Medina, Ohio. They have many branches and ATMs located in the states of Ohio, Pennsylvania and Illinois that account for about $14.5 billion in assets. This bank offers many kinds of savings products like savings account, money market account and CDs that make it possible for investors to earn a reasonable amount of income by way of interest. The FirstBank certificate of deposit rates are competitive in the current banking environment.
The FirstMerit CD rates can be fixed or variable. The current CD rates at FirstMerit Bank for a period of 12 months are 1.05%. The FirstMerit Bank CD rates for a period of 24 months is 1.60% and for a period of 36 months is 2.00%. These are the special offers that have been going on to allow investors to make maximum returns from their investment.
The minimum opening deposit for any term is $1,000 and the interest payment options include monthly, quarterly, semi-annually, annually or at maturity. The investor can choose an option that best matches his or her financial requirements. All deposits are insured by FDIC and so there is no need to worry about the investments that are made with this bank. All these features make this product popular and many investors are looking to make a good return through these special offers.
[...] CD Rates we update the banks and their rates on a constant basis. Today’s update is about the FirstMerit Bank CD rates that have changes since they were last mentioned on our site. This is a financial institution that [...]