Certificates of Deposit (CDs)

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.