Certificates of Deposit (CDs)

Certificates of Deposit (CDs)
Bulk up your investment portfolio with a no-risk certificate of deposit (CD). This fixed-term savings strategy earns tiered interest rates based on the length of your term. Interest is paid monthly, quarterly, semi-annually, or at maturity — so exactly how much you earn and when is entirely up to you.
- Fixed rates, higher than regular savings
- Receive higher rates by selecting a longer term
- Provides more guarantee than other risky investments
- Set aside for future savings goals
- Variety of options less than 1 year; annual terms up to 5 years
- No setup or maintenance fees
- Early withdrawals subject to penalty*
- Can renew automatically upon maturity through Automatic Renewable Certificates
- $500 minimum deposit to open
Looking for safety and CD-level rates for your large deposits? Find out why thousands of safety-conscious investors 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 work 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
- No collateralization
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.
*Early withdrawals may result in penalties.