Certificate of Deposit (CD) Accounts

Leave uncertainty behind with a steady-rate CD account

Lock it in and let it grow

With fixed interest rates and terms ranging from 6 months to 5 years, our CD accounts are a great way to save money you don't need right away.

Even higher rates

Qualify for even higher rates than traditional savings accounts with longer-term CDs.

Choose your terms

Select from a variety of CD terms with varying rates of return.

Stable earnings

Earn a steady, fixed rate by locking your funds until the maturity date.

Online High-Yield CD

Set yourself up for savings success with this great rate

Earn as much as
5.00% APYD
for an 11-month CD
Terms and conditions apply

Open an online high-yield CD account

Other CD options are available through your local branch.

Your earning potential awaits

Use our CD Savings Calculator to calculate your earnings.

CD Benefits & Pricing

Steady rates and flexible terms

Earn and save more

Earn up to 0.15% APYD depending on the CD term you select.

Reach your goals

Plan ahead. Save more for a vacation, wedding, large purchase or other life goal.

Insured savings

Your funds are insured by the Federal Deposit Insurance Corporation, or FDIC.

Special-feature CDs

Sync your funds and financial goals

Term

Minimum Opening Deposit

APYD

6-month automatic saver CDD

$500

0.01%

1-year convertible CDD

$500

0.01% ≥ $49,000
0.02% ≥ $50,000

1+ year premier CDDD

$5,000

0.10%

Certificate of deposit rates may vary depending on your area. Contact your local branch for details.

CD Savings Account Rates & Terms

Align your funds with your savings goals

Term

Minimum Opening Deposit

APYD

6 months

$500

0.01%

12 months

$500

0.01%

18 months

$500

0.02%

2 years

$500

0.05%

3 years

$500

0.05%

4 years

$500

0.15%

5 years

$500

0.15%

CD account rates may vary depending on your area. Contact your local branch for details.

CD Savings Account FAQ

General CD questions

With a CD, you deposit a sum of money to earn interest for a certain period of time. These periods of time can range from a short term of 6 months to a long term of 5 years. During this term, your CD savings account earns a fixed rate of interest. Although you can access your funds before the CD matures, there's a penalty for early withdrawal. Once your CD matures, you can renew it for another term or withdraw your funds without penalty during the grace period.

A certificate of deposit, or CD savings account helps your money grow over a specific length of time with a guaranteed interest rate. If you have funds that you don't need to access for a while, a CD account is a great way to safely store and grow your savings while you plan for the future.

Yes, but a penalty may be imposed for early withdrawal of principal. Any withdrawal of principal or interest prior to maturity will reduce earnings on the account.

You can open a CD savings account by visiting a local branch. Speaking with a banking representative can help you decide which CD account is the best fit for you. The minimum opening deposit for a CD account is $500.

Yes. Your deposit accounts, including CD savings accounts, are insured up to $250,000 per depositor, for each account ownership category.

A savings account is a personal banking account that earns interest. Interest rates can vary daily. Some savings accounts require a minimum opening deposit. You're allowed to withdraw your funds at any time. However, there's usually a minimum monthly balance that must be maintained to keep this account open.

Unlike a personal savings account, a CD savings account is a type of investment that secures a fixed amount of money for a specific time. A CD account accrues interest at a higher rate than an individual savings account. This higher interest yields greater savings over time, making it an excellent choice for saving more over a specific period. Once the CD reaches maturity, you can allow it to auto-renew, or you can withdraw your funds plus the interest.

Promotional CD FAQ

High-yield CD questions

The only funding option for the online high-yield CD is an ACH transfer from an external bank.

To open the online high-yield CD, you'll need the bank name, routing number and account number of the external account you wish to use to fund the CD. Please note that funding for the high-yield CD can't come from existing First Citizens or CIT bank accounts.

The minimum deposit is $5,000 and the maximum deposit is $250,000 for the online high-yield CD.

No. The online high-yield CD can't be opened at a branch. It's only available when you open the account online and meet the other specified requirements.

Insights

A few financial insights for your life

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Account openings and credit are subject to bank approval.

First Citizens does not charge fees to download or access First Citizens Digital Banking, including the First Citizens mobile banking app. Mobile carrier fees may apply for data and text message usage. Check with your carrier for more information. Fees may apply for use of certain services in First Citizens Digital Banking.

Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

APY (annual percentage yield) is accurate as of ${date-today}. Penalty may be imposed for early withdrawal. No brokered CDs accepted. Other restrictions and fees may apply. Fees could reduce the earnings on the account.

A Premier or Prestige checking account is required to receive the Premier CD.

A penalty may be imposed for early withdrawal of principal. Any withdrawal of principal or interest prior to maturity will reduce earnings on the account.

Limited-time offer that may be withdrawn or changed at any time without notice. Public funds are not available for CD promotional rates. A penalty may be imposed for early withdrawal of any principal. Any withdrawal of principal or interest prior to maturity will reduce earnings on the account. After you open your account, you may not make additional deposits to your account until it matures.

Requires a minimum $5,000 initial deposit. Funds must be new money, not on deposit with First Citizens currently or within the past 90 days. CD account may only be opened online and will not be available at branch locations. Account must be opened by an individual and will not be available for joint ownership, trusts or businesses. This CD product is not available as an IRA. This 11-month CD must be opened in the name of an individual who resides in a state where there is a First Citizens Bank branch. A penalty may be imposed for early withdrawal of any principal. Any withdrawal of principal or interest prior to maturity will reduce earnings on the account. For more details on our online high-yield 11 month CD, read the 11-month CD Addendum.

Links to third-party websites may have a privacy policy different from First Citizens Bank and may provide less security than this website. First Citizens Bank and its affiliates are not responsible for the products, services and content on any third-party website.

Bank deposit products are offered by First Citizens Bank. Member FDIC and an Equal Housing Lender. icon: sys-ehl.

NMLSR ID 503941