Platteville is a city located in the southwest corner of Wisconsin.  The city is home to the University of Wisconsin,Platteville.  Platteville gets its name from the Platte river that runs through this community that was once populated with mostly fur traders and farmers.  First National Bank of Platteville is an independent, locally owned community bank that has its home here almost as long as the traders and farmers. 

First National Bank of Platteville has served Southwest Wisconsin since 1891.  The First National Bank of Platteville has been FDIC insured since1934.  The bank has three branch bank locations in the region.  The First National Bank of Platteville is chartered as a National Bank; the primary regulator is the Office of the Comptroller of the Currency (OCC).  The bank has assets of approximately $125,766,000.  Net income for the first nine months of 2008 was $298,000.

For bank customers looking for checking or savings account, credit card, mortgages or access to online services First National Bank of Platteville has a product to match that search.  For savings objectives, First National Bank of Platteville has different accounts to help customers save and grow their money with options like CDs, money market accounts and savings accounts.

The bank CDs afford the investor peace of mind, and flexibility with this FDIC insured product.  The bank CD investments can be made with a minimum of $1,000, and have terms from 6 months to 5 years.

Six month CD rate is 2.87% APY
One year CD has an interest rate of 3.02% APY
Two year CD yields a rate of 2.97% APY
Three year CD rate is 3.28% APY
Four year CD earns an interest rate of 3.53% APY
Five year CD rate is 3.94% APY

The bank also has very competitive rates on a tiered money market account.  With a balance of less than $10,000.00, the money market account has an interest rate of 1.00% APY.  For balances between $10,000.00 and $49,999.99 the money market account earns an interest rate of 1.52% APY.  And for balances greater than $50,000.00, the interest rate on the money market account is 2.01% APY.

Rates are subject to change and additional conditions may apply to open the bank CDs and money market accounts.  CD account information and details can be obtained by calling the bank at 608.348.7777.  A variety of bank rates including CD rates, savings rats, money market rates and mortgages rates can be found on the bank website which is located at www.fnbplatteville.com.

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