FDIC

Certificates of Deposits

Many business owners find Certificate of Deposits (CDs) to be a great investment for short or long term goals.

One of the advantages with this type of investment is that it is easy to understand and set up is quick and simple at First American Bank and Trust. Plus, the term lengths can range from one month up to 5 years, with a minimum opening amount of only $1000. Another advantage for your business? A CD provides a simple way to show collateral when needed to establish additional credit. As with all deposits at First American Bank and Trust, your deposit is FDIC insured up to $250,000.

To speak to a Customer Service Representative about your business’s investment needs, please contact us at 1-800-738-2265 during normal business hours.

 

Certificates of Deposit
  • Various terms are available from 1 month to 5 years
  • Interest rates set weekly
  • Automatic renewal convenience
  • Minimum deposit to open $1,000
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Benefits
Benefits:
  • Free mobile banking
  • Free online banking
  • Unlimited teller visits
  • Unlimited check writing
  • Free phone banking
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Contact us with any questions you may have. Send us an email and we will get back to you as soon as possible with the answers you need.

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