COMMERCIAL BANKING
Certificates of Deposit
With so much emphasis on investments and returns these days, the search for the perfect program or investment can be endless.
1st International Bank can end your investment search with our Certificates of Deposit. Our CD's have better interest that is tied in for the term of the CD, so you will always know what your investment will return. No more guessing...no more searching...look to 1st International Bank.
Certificates of Deposit Information:
| How much do I need to open an account? |
$1,000.00 |
| How long do I have to keep the money in the account? |
Terms vary and range from 31 days to 5 years. |
| May I make deposits to this account? |
No |
| May I make withdrawals from this account? |
No |
| What happens when the account matures? |
Automatically renews with same term at current rate. |
| What are my interest payment options? |
- Interest check at maturity.
- Deposit to account at maturity.
- Add back to CD annually or at maturity.
Terms over 365 days doesn't have option to add back.
- Interest checks monthly or quarterly, or interest deposited to account with FIB monthly or quarterly. Terms under 365 days may have interest added back at maturity.
|
| Other Information |
- Interest rates are established daily and are fixed for the term of the CD.
- All CD's are subject to substantial penalty for early withdrawal.
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For further information, please call 1-800-996-5554 or refer to our contact page