Certificates of deposit (CD) make excellent short and long-term investment opportunities, depending on your needs. CDs offer maximum security and a guaranteed rate of return. We offer a broad range of certificate of deposits with maturity dates, interest payment options and tiered interest rates. And, you can relax knowing that your deposits are secured by the FDIC.
Rate Riser CD
If you’re just starting out using CD savings we recommend the Rate Riser 25-month CD. It offers tons of flexibility:
- A low minimum balance to open the account and you can deposit to it anytime you want to.
- Once during the term of the CD you can request the rate be increased at any time during the term of the CD to the highest CD rate offered on the 25-month EasyFlex CD product.
- The CD automatically renews into a standard 24-month CD.
- You also have the option to extend the CD term another 25 months at this time. One last feature of this product is up to 50% of your balance can be withdrawn once during the CD term for hardship reasons without a withdrawal penalty. Standard penalties apply for additional withdrawals.
Call 888.543.5510 or email CustomerCare@firstreliance.com for CD rates or stop by any of our branches to open an account today.
All rates listed on this website are subject to withdrawal at any time and without notice. APY is Annual Percentage Yield. All CD products are limited to residents within our defined market area. An interest penalty will be assessed for withdrawals prior to maturity.