Certificates of Deposit (CDs)
Improve your earnings without risking any of your company's cash assets. Simply pick the term and your funds earn a guaranteed fixed rate. By laddering maturity dates, you can add liquidity to your CD investments.
- Fixed rate of return
- Various terms
- Automatic renewal available
- Early withdrawal penalty may apply
Interest can be paid monthly, quarterly, semi-annually, annually, or at maturity. We can add earnings to the CD, transfer it to a checking or savings account, or pay you via cashier's check.
Looking for safety and CD-level rates for your large deposits? Find out why thousands of businesses, non-profits and public funds/governments choose CDARS — the easiest way to access multi-million-dollar FDIC insurance through our bank. (Limits apply.)
First Northern Bank can place your funds with multiple FDIC-insured institutions through the Certificate of Deposit Account Registry Service®. You only have to deal with us; we'll take care of the rest.
- Full FDIC insurance
- Manage multiple accounts easily
- One bank, one rate, one statement
- Terms from 4 weeks to 3 years
- No fees
CDARS is great for individuals, non-profits, public funds, advisors, businesses, and socially motivated investors.
CDARS is a registered service mark of Promontory Interfinancial Network, LLC.