Certificate of Deposits
Invest your money in a CD account and watch it grow into financial success.
FDIC insured CDs
At First Farmers, we know that having options for your savings goals is important. We offer a number of financial products that meet your individual needs, including our FDIC insured CDs up to $250,000.
Certificates of Deposit (CDs) are a savings option that allows you to save your money at a competitive rate for a fixed period of time, with no withdrawals. We offer a variety of flexible terms from seven days to five years to meet your savings goals. Your FDIC insured CD grows in a risk-free environment over a predetermined period of time, providing flexible interest rate options over the term.
Features and benefits of our CDs include:
- Various terms available, from seven days to five years
- Earn higher interest with longer terms
- Flexible interest payment options
- No unpredictable markets or difficult investment choices
- Renew your CD at the market rate at time of renewal
- $1,000 minimum deposit required
- Penalties apply for early withdrawal
- Please call First Farmers at 800-882-8378 or stop by a branch for all CD rates and terms.
Already a First Farmers customer? Open a CD today through Online Banking
Looking for safety for your large deposits, plus CD-level rates that may compare favorably to Treasuries? Find out why thousands of safety-conscious investors choose CDARS®, the easiest way to access multi-million-dollar FDIC insurance. (Limits apply.) Download our CDARS information sheet and contact us to learn more.
CD Calculator
Discover how much your money can grow with our free CD calculator.
The results provided by this calculator are intended for comparative purposes only. This is not an application for a loan. The accuracy of the results and its applicability to your circumstances are not guaranteed. Any differences between these results and those provided by other lending institutions may be due to rounding or slight differences in mathematical formulas used.
