Certificates of Deposit
Benefits of a CD Account
A certificate of deposit (CD) is a savings account that lets you lock in your interest rate and choose the length of time for which you would like to save. This is a great option if you are saving for something special.
Are you ready for a higher return on your deposits? Our CDs are a great way to make that happen. Here are a few of the benefits of putting your money into a First Exchange Bank CD:
- Our CDs offer secure investment options with competitive, guaranteed rates of return
- Choose from a variety of maturity options ranging from 91 days to 72 months
- $500 minimum opening deposit
- CDs are FDIC insured
Check out our special CD rates!
First Exchange Bank is offering our firstPlus, firstPlatinum, firstDirect Interest, firstBenefits and firstPremium Interest Checking Accounts, a special 10 Month CD Rate of 4.25% APY*, a special 12 Month CD Rate of 4.35% APY*, a special 15 Month CD Rate of 3.35% APY*, a special 24 Month CD Rate of 2.50% APY* and a special 36 Month CD Rate of 2.32% APY*! Visit any of our locations in North Central West Virginia and open yours today!
Open a CD at First Exchange Bank today!
Regular CDs
| Rate | APY** | Min. Balance | |
|---|---|---|---|
| 91 Day CD | 0.05% | 0.05% | $500** |
| 182 Day CD | 3.60% | 3.65% | $500** |
| 10 Month CD | 4.09% | 4.15% | $500** |
| 12 Month CD | 4.18% | 4.25% | $500** |
| 15 Month CD | 3.21% | 3.25% | $500** |
| 18 Month CD | 0.15% | 0.15% | $500** |
| 24 Month CD | 2.38% | 2.40% | $500** |
| 27 Month CD | 0.15% | 0.15% | $500** |
| 30 Month CD | 0.20% | 0.20% | $500** |
| 36 Month CD | 2.20% | 2.22% | $500** |
| 48 Month CD | 0.40% | 0.40% | $500** |
| 60 Month CD | 0.50% | 0.50% | $500** |
| 72 Month CD | 0.50% | 0.50% | $500** |
Special CDs
| Rate | APY** | Min. Balance | |
|---|---|---|---|
| 91 Day Special CD | 0.25% | 0.25% | $2,500*** |
| 182 Day Special CD | 3.70% | 3.75% | $2,500*** |
| 10 Month Special CD | 4.18% | 4.25% | $10,000* |
| 12 Month Special CD | 4.28% | 4.35% | $10,000* |
| 15 Month Special CD | 3.31% | 3.35% | $10,000* |
| 24 Month Special CD | 2.48% | 2.50% | $10,000* |
| 36 Month Special CD | 2.30% | 2.32% | $10,000* |
*Annual Percentage Yield (APY). The minimum balance to open and maintain the advertised APY is $10,000. APY is accurate as of December 17, 2024. APY’s are subject to change at any time. Substantial penalties may be imposed for early withdrawal. Fees may reduce account earnings. The special CD Rate is valid for firstPlus, firstPlatinum, firstDirect Interest, firstBenefits and firstPremium Interest Account Holders only. Limited time offer. Please see a First Exchange Bank representative for additional information regarding terms and conditions.
**Annual Percentage Yield (APY). APY is accurate as December 17, 2024. APY’s are subject to change at any time. Minimum balance to open and maintain APY is $500. Substantial penalties may be imposed for early withdrawal. Fees may reduce account earnings.
***Annual Percentage Yield (APY). Minimum balance to open and maintain the advertised APY is $2,500. APY is accurate as of December 17, 2024. APY’s are subject to change at any time. Substantial penalties may be imposed for early withdrawal. Fees may reduce account earnings. Limited time offer.
