Community First CD Rates
Community First CD rates strive to offer customers with attractive rates that stand out in the market. To avail the significance in real terms, customers must first have a checking or savings account with Community First bank.
The authorities would be happy to set you up with one. The process is easy. Lets cover up the details about Community First CD rates at initial stage in the section below;
Community First CD Rates Offers
The Community First special and regular CD offers are;
10 Month CD Special
Key Features
- Minimum Balance: $5,000
- Dividend Rate: 5.13%
- APY: 5.25%
Considerations
CDs have fixed terms. Early withdrawals may result in penalties.
Pros & Cons
| Pros | Cons |
| Competitive APY | Limited term flexibility |
| Dividend rate High |
20 Month CD Special
Key Features
- Minimum Balance: $5,000
- Dividend Rate: 4.70%
- APY: 4.80%
Considerations
Ensure you can maintain the required minimum balance.
Pros & Cons
| Pros | Cons |
| Competitive APY | Limited term flexibility |
| Higher dividend rate | Higher minimum balance required |
| Shorter commitment | Limited availability |
6 Month CD
Key Features
- Minimum Balance: $2,500
- Dividend Rate: 3.20%
- APY: 3.25%
Considerations
You better have to compare rates to maximize returns.
Pros & Cons
| Pros | Cons |
| Quick access to funds | Lower interest rates |
| Low minimum balance | Limited yield potential |
| Short-term commitment | Limited term flexibility |
1 Year CD
Key Features
- Minimum Balance: $1,000
- Dividend Rate: 4.12%
- APY: 4.20%
Considerations
APY considers compounding, providing a more accurate reflection of earnings.
Pros & Cons
| Pros | Cons |
| Effective APY | Moderate balance |
| Balanced term surety | Tied-up funds for one year |
2 Year CD
Key Features
- Minimum Balance: $1,000
- Dividend Rate: 4.12%
- APY: 4.20%
Considerations
Consider diversifying investments for a balanced portfolio.
Pros & Cons
| Pros | Cons |
| Moderate APY | Moderate minimum balance |
| Balanced term length | Tied-up funds for two years |
| Interest rate stability | Penalties for early withdrawal |
Are Community First CD Rates Competitive?
Community First CD rates are competitive within the industry. The above-stated rates are designed to provide a favorable balance of returns and stability, offering a competitive edge compared to similar financial institutions. Additionally, the experts regularly review and adjust the rates to align with market trends, ensuring that our customers receive a competitive return on their investments.
Whether you are looking for short-term or long-term investment options, these CD rates are structured to provide a competitive yield, contributing to the overall financial well-being of our members.
Overview Community First
Community First is a community bank that believes in not only helping the local community but leading the efforts to help in any way we can. In 2020, over half of our employees donated 9,622 hours to the 326 local organizations that we help serve. We believe in helping the community through financial literacy, sponsoring local events, and helping our team members get involved with the community.
One of Community First’s favorite achievements was partnering with Habitat for Humanity for the Rock the Block Event. This community event helped clean up local parks and some residential businesses with the help of over a hundred local volunteers.
We also enjoyed helping Jake’s Diapers, a non-profit out of Little Chute, Wisconsin, which helps provide diapers and clothes for children in need locally and across the world. The goal is to keep clean diapers and supplies in the hands of parents and children who need them so they aren’t forced to decide between shelter, food, toiletries, and other needs.
Finally, Community First helps with long-term investments and insurance. We provide individualized guidance to investors to ensure their lifetime goals are met, whether they are saving up for retirement, their kid’s education, or a home. We provide the expert advice needed to navigate the market and help you get the most for your money. Community First considers your financial future our privilege to help with.
Eligibility
Customers must first have a checking or savings account with Community First bank. We would be happy to set you up with one. The process is easy. Call us or stop in to a branch to get setup.
Locations Community First
Community First has many locations in Wisconsin, including 7 in Appleton, some in Green Bay, and Neenah. We primarily serve east central Wisconsin and are proud to have many convenience locations.
“Warriewood, Penrith, Narellan, Mount Druitt, Lytton (cashless store), Liverpool, Gorokan, Erina, Edgeworth, Dee Why, Cronulla, Blacktown, Bankstown.”
Frequently Asked Questions
Community First offers a range of CD rates depending on the term. Rates are competitive and subject to change based on market conditions ranging from 3 months to even 5 years. Additionally, it offers competitive APY factors.
Yes, there is a minimum deposit requirement for Community First CDs, and it varies based on the specific CD term.
Interest on Community First CDs is typically compounded at regular intervals, often quarterly or annually. The specific compounding frequency depends on the terms of the CD.
Yes, you can open a CD with Community First online. Our online application process is designed to be user-friendly and efficient. However, if you prefer in-person assistance, our branches are also available to assist you with the CD application process.