Exchange Rate Time Deposits
Are you worried about locking your funds up with the same interest rate? Our rate exchange time deposit gives you one opportunity during the term to "bump up" if the rates go up.
The rate exchange time deposits are available in both 24 and 36 month terms. With no service fees, this is a great option for saving for the future.
- Fixed rates for guaranteed returns
- No monthly service charge
- One rate exchange per term
- 24 or 36 month terms available
- Convenient automatic renewal
- Free Online Banking access
- Penalty for early withdrawal
- $500 deposit to open
Take a look at our current rates.
NOTE: For Time Deposits with maturities of 12 months or less, interest is calculated daily and paid at maturity. For Time Deposits with maturities greater than 12 months, interest is calculated daily and paid monthly. Interest may be paid to the Time Deposit or deposited to a designated First Bank account.