Certificates of Deposit

Certificates of Deposit are popular with savers looking for more predictability for their funds. CDs are the easiest way to save if you don't require immediate access to your money. They usually pay you a higher interest rate than traditional savings or money market accounts and, generally, the longer the term that you invest for, the higher the interest rate. Whether you're looking for a short, medium or longer-term investment, CDs are a smart addition to your investment portfolio.

Benefits

FEB Certificates of Deposit are right for you if you are looking for:

Guaranteed interest rates
Flexible terms from one month to five years
Preservation of capital
Various interest payment options

Features

Minimum opening balance of $1,000
Competitive rates for a guaranteed term
FDIC insured to legal maximum

Current Rates

    
    
            CD Term
            Interest Rate			
            APY **
            Minimum Opening
Deposit
            Minimum Balance
to Obtain APY
        

    
            30 Days
            1.000%*
            1.000%*
            $1,000
            $1,000+
        

            60 Days
            1.000%*
            1.000%* 
            $1,000
            $1,000+
        

            3 Months
            1.500%*
            1.500%*
            $1,000
            $1,000+
        

            6 Months
            4.350%*
            4.350%*
            $1,000
            $1,000+
        

            12 Months
            4.150%*
            4.150%*
            $1,000
            $1,000+
        

            18 Months
            3.750%*
            3.750%*
            $1,000
            $1,000+
        

            24 Months
            3.250%*
            3.250%*
            $1,000
            $1,000+
        

            36 Months
            2.500%*
            2.500%*
            $1,000
            $1,000+
        

            48 Months
            2.500%*
            2.500%*
            $1,000
            $1,000+
        

            60 Months
            2.500%*
            2.500%*
            $1,000
            $1,000+
        

Interest Rates and Annual Percentage Yields are current as of

*	A penalty may be imposed for early withdrawal.
+	Daily balance. The amount of the principal in the account each day.
**	Annual Percentage Yield