Deal Summary

84-month CD, 1.10% APY, minimum deposit $1000, dividends paid upon maturity.

First National Bank’s Top CD Rates

First National Bank’s top CD rate is 1.10% APY. This rate is offered on the credit union’s 84-month CD with a minimum deposit of $1000. The dividends earned on this CD are paid upon maturity.

The 72-month CD is a great alternative. The account offers an 1.05% APY with a $1000 minimum deposit. This account also pays you your dividends upon maturity. Leaving your accounts untouched results in more earnings.

For short-term investors the credit union offers a 12-month CD. This CD offers an annual percentage yield of 0.60%. This CD is also obtainable with a $1000 minimum deposit as well. Like the other CDs, the dividends are paid out upon maturity.

First National Bank offers seven CDs. Each of these CDs can be opened with a $1000 minimum deposit. You are always welcome to invest more, but you don’t have to. These CD terms vary from 12 to 84-months. The APY starts at 0.60% and builds to 1.10%. Each of First National Bank’s CD accounts is subject to early withdrawal penalties.


You have to be an already existing member of First National Bank to open up a CD. However, the good news is that you can open a CD online without having to go into the bank.

Branches in Michigan

East Lansing, Grand Rapids, and Traverse City.

Bank Overview

Despite being a small family-owned bank from Michigan, First National Bank of America has over $2.6 billion in assets. They offer their clients everything from personal banking to commercial and mortgage loans.

The bank was first opened in 1955 as a way to help meet all of the financial needs of the people of Michigan. Ever since then, the bank has continued expanding and added other locations around Michigan. To this day, First National Bank is a privately owned bank that offer their customers exceptional rates on deposit accounts and more. No matter what, the First National Bank is determined to serve their customers as best as they possibly can.

Even with the 60 years they have of experience under their belt, the First National Bank of America still holds the same values and beliefs that they did back then. More importantly, they still care about their clients as if they were their own family.

To this day the First National Bank is looking for ways to provide exceptional service to all customers.