Business Time Deposits

Lock in a great rate on a term that fits your business plan. There's no cost to you, and you'll get a guaranteed return and enjoy FDIC insurance so you know your investment is always safe.

• Fixed rates for guaranteed returns
• No monthly service charge
• Terms from 7 days to 5 years
• Accessible in business digital banking
• Convenient automatic renewal
• Penalty for early withdrawal
• $500 deposit to open account

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.

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.

• Fixed rates for guaranteed returns
• No monthly service charge
• One rate exchange per term
• 24 or 36 month terms available
• Accessible in business digital banking
• Convenient automatic renewal
• Penalty for early withdrawal
• $500 deposit to open

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.

Government institutions work with the people's money, so you can't afford to risk losing it. We created this fully collateralized time deposit account so you can be sure every dollar is safe.

With this fixed rate time deposit account, First Bank pledges securities as collateral for the full amount above the FDIC $250,000 limit for all accounts held by the entity.

• Fixed rates for guaranteed returns
• Entire balance guaranteed, even above FDIC limits
• Available to federal and municipal entities and qualified tribal organizations
• No sign up fee or monthly service charge
• Terms from 7 days to 5 years
• Accessible in business digital banking
• $500 deposit to open account
• Convenient automatic renewal
• Penalty for early withdrawal

90 Day Time Deposit with variable interest rate 3.50% below the Prime Rate published in the Wall Street Journal. For investors who wish a rate of return for a short term, and ability to keep investment rate in line with the national average.

• No monthly service charge
• 90 day term
• Convenient automatic renewal
• Accessible in business digital banking
• Penalty for early withdrawal
• $20,000 deposit to open account