CD & IRA Rates

Time Certificates of Deposit

Effective December 1, 2022

Term APY* Interest Rate Minimum Deposit
18 Month Special 4.13 % 4.07 % $5,000.00
15 Month Special 4.03 % 3.97 % $5,000.00
11 Month Special 3.81 % 3.77 % $5,000.00
3 Months 1.00 % 1.00 % $1,000.00
6 Months 1.00 % 1.00 % $1,000.00
12 Months 1.00 % 1.00 % $1,000.00
24 Months 1.00 % 1.00 % $1,000.00
36 Months 1.26 % 1.25 % $1,000.00
48 Months 1.26 % 1.25 % $1,000.00
60 Months 1.26 % 1.25 % $1,000.00
24 Month Savvy Saver
(21 years & younger)^
1.26 % 1.25 % $50.00
36 Month Raise-A-Rate 3.49 % 3.45 % $5,000.00

Individual Retirement Accounts

Term APY* Interest Rate Minimum Deposit
48 Months Months
1.26 %
1.25 %
$1,000.00

Variable Rate & Balance




Balance <= $9,999.99**
1.15 %
1.15 %
Balance <= $9,999.99
Balance >  $10,000.00**
1.26 %
1.25 %
Balance >  $10,000.00
*APY- Annual Percentage Yield
^Savvy Saver CD Available for 21 years and younger, can be added to at any time.
**Variable Rate Account - The rate may change after the account is opened.
Substantial Penalty for Early Withdrawal
Accounts and rates offered through First Bank available in our service area in the state of Iowa includes counties of Bremer, Black Hawk, Chickasaw, Wright and surrounding counties.