Certificates of Deposit

FMSB offers various terms for Certificates of Deposit, ranging from 3 months to 48 months. CDs are available to all customers and offer secure FDIC insurance.

CDs usually offer higher interest rates than checking or conventional statement savings accounts. Typically, the longer the term and larger the balance, the higher the interest rate.

FMSB Current CD Rates as of September 24, 2018

$500 minimum deposit required to open an account
Fees could reduce earnings on the account • Subject to early withdrawal penalty

CD Term Annual Percentage Yield Interest Rate
3 Month 0.50% 0.50%
6 Month 0.75% 0.75%
10 Month
*Renews for 6 months
1.85% 1.85%
12 Month 1.40% 1.40%
14 Month
*Renews for 12 months
2.01% 2.00%
24 Month 1.76% 1.75%
27 Month
*Renews for 24 months
2.26% 2.25%
36 Month 1.91% 1.90%
48 Month
*One rate change allowed during the first term.
2.01% 2.00%
60 Month 2.26% 2.25%