Fixed Rate CDs

Our Certificates of Deposit (CDs) offer competitively high interest rates on a fixed-dollar investment with interest compounded quarterly.

Account Features:

  • Minimum deposits may vary from $500 to $5,000
  • Terms available from 7 days to 60 months
  • Interest will be paid quarterly and added to your CD or deposited to your account at First National Bank or another institution
  • Automatic CD renewal (unless you notify us by phone or in writing up to 10 days after the maturity date)
  • Option to withdraw all funds in your CD at maturity (You will be notified of maturity; a penalty may be assessed for early withdrawal)
  • Easy online account access

Variable Rate CDs

From time to time we offer a variable rate CD. Currently our Perfect Account offers a variable rate and flexible access.

The Perfect Account

  • 25 month term with $5,000 minimum
  • Additional deposits can be made at anytime
  • One withdrawal per calendar month (must be at least thirty days after last deposit or withdrawal)
  • Variable interest rate, customer may initiate a rate change once every 12 months

Traditional IRA

Traditional IRAs offer big advantages or incentives to encourage people to save for their retirement. First, Traditional IRA contributions are generally tax deductible* on an IRA holder's tax return. Second, earnings on a Traditional IRA are not taxed until the IRA holder or beneficiary takes the money out. It is these accrued earnings, regular deposits, and the passage of time which combine to produce large account balances.

*Consult your tax advisor regarding potential tax savings.

Roth IRA

The chief advantage of the Roth IRA is the ability to have investment earnings completely escape taxation. This advantage comes at a price. The Roth IRA provides no deduction for contributions, but instead provides a benefit that isn't available for traditional retirement accounts: if you meet certain requirements, all earnings are tax free* when you or your beneficiary withdraw them. Other benefits include avoiding the early distribution penalty on certain withdrawals, and eliminating the need to take minimum distributions after age 70 1/2.

*Consult your tax advisor regarding potential tax savings.

Variable Rate IRA

Variable rate IRA CDs allow you to make deposits to the account at any time and for any amount. Whether you are saving for retirement with a Traditional or Roth IRA you may want the flexibility of a variable rate IRA Certificate of Deposit. With a variable rate IRA CD you can make deposits to the account at any time and for any amount such as a monthly transfer from your payroll or direct deposit. This makes saving for retirement quick and easy.*

*Consult your tax advisor regarding potential tax savings