Certificates of Deposit (CDs)

Save safely—with a CD.

Looking for a virtually risk-free savings option? Open a Certificate of Deposit with First IB! All our CDs are FDIC-insured and offer high-yield interest rates. Start with as little as $1,000 and watch your money grow over time.

First IB CDs include free online banking, mobile banking, and telephone banking access.

TermInterest RateAnnual Percentage Yield (APY)Early Withdrawal Penalty
3 Months Open  0.45% 0.45% 90 days interest
6 Months Open  0.70% 0.70% 180 days interest
12 Months Open  1.00% 1.00% 180 days interest
18 Months Open  1.09% 1.10% 180 days interest
24 Months Open  1.24% 1.25% 360 days interest
36 Months Open  1.39% 1.40% 360 days interest
48 Months Open  1.59% 1.60% 360 days interest
60 Months Open  1.98% 2.00% 360 days interest

Rates above apply to all balance levels. Rates last updated 09/25/2014. Rates are subject to change on any day and will be updated by 10 AM Eastern. Please be sure to check this page after 10 AM Eastern for the rate that will be honored today. CD and IRA CD rates are guaranteed as of the postmark date on the envelope containing the signed application and funding for the account. APYs assume interest is reinvested. You have the option to use our online banking, mobile banking, and telephone banking systems to get information about your CD. First IB does not issue monthly or annual statements for CD accounts.