Certificates of Deposit
|Personal and Business Certificate of Deposit Product|
|Minimum opening deposit||$2,500|
- Interest is compounded monthly
- Interest is credited monthly
|Terms||30 days to 540 days|
|Minimum daily balance to avoid monthly service charge & per item charges||N/A|
|Balance used for interest calculation||Daily balance method|
|Monthly service charge||N/A|
|Product features||- Earn higher interest rate
- Auto renewal feature available
- Interest may be credited to any account at First Choice Bank
- No account statement
1 Interest rates may change anytime without prior notice.
2 The disclosed interest rate and Annual Percentage Yield (APY) will be paid if you meet the minimum opening balance requirement.
3 A penalty may be assessed for early withdrawal.
4 Annual Percentage Yield (APY) assumes interest remains on deposit for the term of the account.