CERTIFICATES OF DEPOSIT (CDs) A Certificate of Deposit from First National Bank offers you a unique investment opportunity with greater earning potential and added security. CDs are a guaranteed investment and growing source of interest that you can easily convert into cash. They offer higher rates than a regular savings account. Put your money to work for you!
Here’s how CDs work:
Purchase a CD with a fixed sum of money for a fixed period of time – this can range anywhere from six months up to five years, whichever is convenient for you.
Your CD earns interest which compounds quarterly.
When you cash in your CD at its maturity date, you receive the money you originally invested plus the compounded interest.
