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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.

As of 11/21/2024

ProductAPYInterest RateMinimum Balance
3-Month CD0.75%0.75%$500
6-Month CD1.00%1.00%$500
9-Month CD1.00%1.00%$500

Compounded & credited quarterly. Automatic renewal for same term. 7 day grace period for deposits or withdrawals after the maturity date. Penalty for early withdrawal.

*Interest rates and Annual Percentage Yield (APY) are subject to change. Fees could reduce earnings. 

 

 

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.

As of 11/21/2024

ProductAPYInterest RateMinimum Balance
12 Month CD1.15%1.15%$500
18-Month CD1.20%1.20%$500
24 Month CD1.25%1.25%$500
36 Month CD1.35%1.35%$500
48 Month CD1.45%1.45%$500
60 Month CD1.55%1.55%$500

*$1,000.00 Minimum deposit to open. Early withdrawal penalties may apply.

**Renewal Term is 18 months for the 18 Month CD.

***Renewal Term is 24 months for the 27 Month Jump CD

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.

As of 11/21/2024

ProductAPYInterest RateMinimum Balance
DirectSave1.51%1.50%$25

Compounded & credited monthly. Must set up ACH transfer of at least $25 per month from a checking account or outside savings account at account opening. Automatic renewal. 7 day grace period. Penalty for early withdrawal.

*Interest rates and Annual Percentage Yield (APY) are subject to change. Fees could reduce earnings. 

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.

As of 11/21/2024

APYInterest RateMinimum Deposit
1.00%1.00%$500

*Interest rates and Annual Percentage Yield (APY) are subject to change. Fees could reduce earnings. 

Disclosures

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

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