Certificate of Deposit (CD) Accounts

Leave uncertainty behind with a steady rate CD account

Lock it in and let it grow

With fixed interest rates and terms ranging from 6 months to 5 years, our CD accounts are a great way to save money you don't need right away.

Even higher rates

Qualify for even higher rates than traditional savings accounts.

Choose your terms

Select from a variety of CD terms with varying rates of return.

Stable earnings

Earn a steady, fixed rate by locking your funds until the maturity date.

CD Benefits & Pricing

Steady rates and flexible terms

Earn more with your money

Earn up to 0.15% APYD depending on the CD term you select.

Reach your goals

Planning ahead for a major event? A CD can help you save more for a vacation, wedding, large purchase or other life goal.

Insured savings

Your funds are insured by the Federal Deposit Insurance Organization, or FDIC.

Special Feature CDs

Get your funds and financial goals in sync

Term

Minimum Opening DepositD

APYD

6 month automatic saver CDDD

$500

0.01%

1 year convertible CDDD

$500

0.01% ≥ $49,000
0.02% ≥ $50,000

1+ year premier CDDD

$5,000

0.10%

Certificate of deposit rates may vary depending on your area. Contact your local branch for details.

CD Savings Account Rates & Terms

Align your funds with your savings goals

Term

Minimum Opening DepositD

APYD

6 months

$500

0.01%

12 months

$500

0.01%

18 months

$500

0.02%

2 years

$500

0.05%

3 years

$500

0.05%

4 years

$500

0.15%

5 years

$500

0.15%

CD account rates may vary depending on your area. Contact your local branch for details.

Proactive Protection

Take control of your finances

Prepare for the unexpected by linking your savings account to your checking for overdraft protection and to track your balances with alerts.
Home Improvement Loans

Fast access to funds for your remodel project

A quick and easy application process to remodel without using your home as collateral.
CD Savings Account FAQ

People often ask us

A certificate of deposit, or CD savings account helps your money grow over a specific length of time with a guaranteed interest rate. If you have funds that you don't need to access for a while, a CD account is a great way to safely store and grow your savings while you plan for the future.

With a certificate of deposit, you deposit a sum of money to earn interest for a certain period of time. These periods of time can range from a short term of 6 months to a long term of 5 years. During this term, your CD savings account earns a fixed rate of interest, which is typically higher than what you'd earn with a traditional savings account. Although you can access your funds before the CD matures, there's a penalty for early withdrawal. Once your CD matures, you can renew it for another term or withdraw your funds without penalty.

Yes. Your CD savings account is FDIC-insured up to $250,000.

You can open a CD savings account by visiting a local branch. Speaking with a banking representative can help you decide which CD account is the best fit for you. The minimum opening deposit for a CD account is $500.

A savings account is a personal banking account that earns interest. Interest rates can vary daily. Some savings accounts require a minimum opening deposit. You're allowed to withdraw your funds at any time. However, there's usually a minimum monthly balance that must be maintained to keep this account open.

Unlike a personal savings account, a CD savings account is a type of investment that secures a fixed amount of money for a specific time. A CD account accrues interest at a higher rate than an individual savings account. This higher interest yields greater savings over time, making it an excellent choice for saving more over a specific period. Once the CD reaches maturity, you can allow it to auto-renew, or you can withdraw your funds plus the interest.

Yes. You have the option to withdraw interest only, partial funds or the full amount. If you're trying to decide when or whether to withdraw money from a CD account, some things to consider include early withdrawal penalties, the CD's maturity date and the amount of interest earned. For the highest return on your investment, it's best to wait until the CD matures to withdraw funds.

Insights

A few financial insights for your life

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Account openings and credit are subject to bank approval.

For complete list of account details and fees, see our Personal Account Disclosures.

First Citizens does not charge fees to download or access First Citizens Digital Banking, including the First Citizens mobile banking app. Mobile carrier fees may apply for data and text message usage. Check with your carrier for more information. Fees may apply for use of certain services in First Citizens Digital Banking.

APY (annual percentage yield) is accurate as of ${date-today}. Penalty may be imposed for early withdrawal. No brokered CDs accepted. Other restrictions and fees may apply. Fees could reduce the earnings on the account.

You may make additional deposits of $50 or more to CDs longer than 181 days. A Premier or Prestige checking account is required to receive the Premier CD.

Minimum opening deposit balance must be maintained to obtain annual percentage yield (APY).

First Citizens does not charge fees to download or access First Citizens Digital Banking, including the First Citizens mobile banking app. Mobile carrier fees may apply for data and text message usage. Check with your carrier for more information. Fees may apply for use of certain services in First Citizens Digital Banking.

Limited-time offer that may be withdrawn or changed at any time without notice. Public Funds are not available for CD promotional rates. After you open your account, you may not make additional deposits to your account until it matures.

Links to third-party websites may have a privacy policy different from First Citizens Bank and may provide less security than this website. First Citizens Bank and its affiliates are not responsible for the products, services and content on any third-party website.

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