Friends Bank was established in May 2000 and is locally owned and operated. The bank has three bank branch locations to serving the region.  The bank offers the convenience of banking from home or the office via Friends Bank’s Online Banking service.  The bank branches are located in New Smyrna Beach, Edgewater, and Ormond Beach, Florida. Friends Bank also has an Automated Teller Machine (ATM) at each location.

The following CD s are available with the bank:
A 3 month CD with an interest rate of 2.15% APY.  There is a minimum opening balance of $2,000.00 required for this bank CD.
A 6 month CD with an interest rate of 2.75% APY.  There is a minimum opening balance of $2,000.00 required for this bank CD.
A one year CD with an interest rate of 3.00% APY.  There is a minimum opening balance of $500.00 required for this bank CD.
A three year CD with an interest rate of 3.50% APY.  There is a minimum opening balance of $1,000.00 required for this bank CD.
A five year CD with an interest rate of 3.95% APY. There is a minimum opening balance of $1,000.00 required for this bank CD.

A certificate of deposit is an excellent form of investment.  Certificates of deposit offer a competitive, locked in, guaranteed rate of interest and are federally insured.  With Friends Bank choose from a variety of maturity options.  Other terms and conditions may apply.

Friends Bank complements the listed CD rates and terms with other savings products such as; checking accounts, savings accounts and money market accounts.  Furthermore, the bank provides a variety of consumer loans. Whether a customers needs are for a home purchase, home improvement, personal or business loan, the bank provides competitive interest rates and personal attention to your request.

Interest rates are subject to change.  Other terms and conditions may apply.  A bank representative can be reached at 386-428-2299.  Additional information is available at the bank website at www.friendsbank.com.

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