Calculator

CD savings calculator

Want to see how much a CD can help you save? Use our calculator for quick, clear estimates without any guesswork. When you're ready to open an account, we're here to help with a range of account options—available online and in your local branch.

Open a 5-month CD

Earn up to 4.00% annual percentage yield.DD

Open an 11-month CD

Earn up to 3.75% annual percentage yield.DD

CD Insights
Grow your knowledge

Saving

3 smart ways to invest in CDs

Learn how to invest in CDs as a way to help you maximize savings while maintaining liquidity.
By staggering the maturity dates of CDs, you can capitalize on longer-term growth options while having access to liquid funds.
Saving

Are CDs a good investment for retirees?

In today's high-rate environment, are CDs good for retirement income? Explore the benefits and drawbacks.
CDs provide a fixed interest rate over a specified period—one that's often higher than what a traditional savings account may offer.
Saving

Have you considered CD laddering as a savings strategy?

CD laddering is ideal for those who want FDIC-insured savings, higher interest rates and protection from market risk.
With CD laddering, you invest money in multiple CDs with different maturity levels instead of investing in one CD and waiting for it to mature.

Account openings and credit are subject to bank approval.

APY (annual percentage yield) is accurate as of ${date-today}. Penalty may be imposed for early withdrawal.

A penalty may be imposed for early withdrawal of principal. Any withdrawal of principal or interest prior to maturity will reduce earnings on the account.

Requires a minimum $5,000 initial deposit. Funds must be new money, not on deposit with First Citizens currently or within the past 90 days. CD accounts can be opened online and may not be available at branch locations. This CD must be opened by an individual(s). It's not available for trusts or businesses. This CD product is not available as an IRA. This CD must be opened in the name of an individual(s) residing in a state where there is a First Citizens Bank branch. A penalty may be imposed for early withdrawal of any principal. Any withdrawal of principal or interest prior to maturity will reduce earnings on the account.

For more details on our online 5-month CD, review the 5-month CD Addendum (PDF). For more details on our online 11-month CD, review the 11-month CD Addendum (PDF).

Limited-time offer that may be withdrawn or changed at any time without notice. Public funds are not available for CD promotional rates. A penalty may be imposed for early withdrawal of any principal. Any withdrawal of principal or interest prior to maturity will reduce earnings on the account. As a general rule, you may not make additional deposits after you open your account until the maturity date. There are exceptions to this general rule, such as 182- to 364-day CDs and all IRAs. Please consult your Disclosure of Product and Fees to determine whether additional deposits are permitted for your account.

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Third parties mentioned are not affiliated with First-Citizens Bank & Trust Company.

Bank deposit products are offered by First-Citizens Bank. Member FDIC and an Equal Housing Lender. icon: sys-ehl.

NMLSR ID 503941