Certificates of Deposit (CDs)

Slow and steady wins the race — and a higher rate. Guarantee yourself a return and maximize it with longer terms.

Key Features

Guaranteed Returns

Guaranteed Returns

Competitive Interest

Competitive Interest

No Setup or Maintenance Fees

No Setup or Maintenance Fees

Details

  • Fixed rates, higher than standard savings
  • Receive higher rates by selecting a longer term
  • No setup or maintenance fees
  • Wide range of terms available (from 1 month to 60 months)
  • Interest can be credited to the CD or to a FNBM checking or savings account
  • Use your CD as collateral for a FNBM loan
  • Provides more guarantee than other risky investments
  • Early withdrawals subject to penalty¹
  • $500 minimum deposit to open

¹ Penalties for early withdrawal:

One year or less: 1 month interest penalty
13 Months up to 32 months: 3 month interest penalty
Greater than 32 Months: 6 month interest penalty