Certificates of Deposit

Ready to invest? Certificates of Deposit (CDs) are a stable, uncomplicated way to build wealth that make investing easy, flexible and secure.

Open Account 
Jump to a section:

Short-Term CDs

Get competitive rates with a short-term commitment.

  • Minimum deposit¹: $500
  • 3-Month CD
  • 6-Month CD
  • 9- Month CD

Use our calculator to see how investing in a CD can grow your money.

Open Account 

 

 

Long-Term CDs

Invest your money longer and earn even more.

  • Minimum deposit¹: $500
  • 1-Year CD
  • 18-Month CD²
  • 2-Year CD
  • 3-Year CD
  • 4-Year CD
  • 5-Year CD

Use our calculator to see how investing in a CD can grow your money.

Open Account 

DirectSave CD

Make investing turnkey thanks to DirectSave CD. Set up automatic deposits from your First Mutual Bank checking account into a 6-month CD.

DirectSave CD automates savings with electronic monthly contributions to your account for an incredibly easy savings plan.

You get a competitive interest rate, a practical 6-month term, convenient monthly statements, and automatic renewal when the account matures. And it only takes a $25 balance to get started.

Use our calculator to see how investing in a CD can grow your money.

Open Account 

Jump Rate CD

Take advantage of the opportunity to jump up to higher interest rate one time during the 27-month life of your CD. Start with a great rate. After 6 months, if the current interst rate is higher than what you’re earning, you can have your CD jump to that rate. Your CD will conveniently renew for 24 months at maturity.

Use our calculator to see how investing in a CD can grow your money.

Open Account 

Disclosures

¹$500 Minimum deposit to open. Early withdrawal penalties may apply
²Renewal Term is 18 months for the 18-Month CD

Stay in Control with Online Banking

New and improved, online banking is a streamlined, secure and flexible way to make managing your money easier in ways you never knew you needed.

Learn More 

Let’s Help Your Money Grow

Invest the mutual way.

As a mutual bank customer, your money goes to work in our communities. Every dollar helps people buy homes and grow local businesses. It’s the mutual bank difference.
Learn More about us

Let’s Talk Through Your Situation

Everyone’s situation is different, and our experts are here to talk through yours. Whether you’re opening a new account or applying for a mortgage, contact us today.
Visit Us 

Helping You Invest Wisely

Gain access to articles, videos and tools, day or night.

Down-Size Your Home, Right-Size Your Life

You are attached to your home. That is natural: Your children grew up in this home. You spent long hours with your spouse in this home. You’ve celebrated holidays, anniversaries…
View Resource

Special Situations to Consider Before Starting Social Security

It makes financial sense to wait to collect your Social Security benefits until you hit full retirement age: 66 if you were born between 1943 and 1954 and as old…
View Resource

Student Loan Repayment Options

You’ve graduated from college with a new degree and lots — a whole lot — of student-loan debt. The good news is that depending on the type of loans you…
View Resource

Now That You’ve Graduated: Repaying Your Student Loans

You’ve graduated from college. For many graduates, now becomes the time you’ll have to pay for that high-level education. All those student loans you took out while studying economics, philosophy,…
View Resource

Understanding Student Loans

Your son has picked his college. Your daughter has chosen her major. Your children have even picked out their mini-fridges and microwave ovens for their dorm rooms. However, what about…
View Resource

Stretch Your Retirement Budget

You’ve worked hard all your life. You do not want to enter retirement worrying about how you are going to pay for medical costs, insurance, groceries and your other bills.…
View Resource

Managing Your Retirement Funds

The secret to a happy retirement? There are probably many. However, not having to worry if you’ll run out of money is certainly near the top of the list. The…
View Resource