CD Rates with FCN Bank

FCN Bank opened its doors on January 2, 1901, the first business day of the 20th Century.  FCN is a locally owned and operated bank serving Southeastern Indiana and Southwestern Ohio.  FCN Bank has been FDIC insured since 1934.  The bank has total assets of approximately $277,009,000.  FCN Bank is chartered as a National Bank.  The primary regulator is the Office of the Comptroller of the Currency (OCC). 

FCN Bank is a commercial bank that offers personal and business banking services.  The bank’s products include savings and checking accounts, certificates of deposits, credit, debt, and ATM cards, home mortgages, home equity lines, consumer loans and small business loans. 

FCN Bank’s main office is located in Brookville, Indiana and has bank branches in Batesville, Sunman, Everton, and Harrison, Ohio.  As a community bank, FCN Bank provides the services for the merchants, businesses, agricultural enterprises, municipalities, and community residents to prosper.  The bank embraces good old customer service and convenience but also provides ATMs and online banking services so bank customers have 24-hour access to their accounts

FCN Bank has a full line of savings accounts that includes CDs.  The bank CDs can be a great vehicle to build assets for retirement, short term and mid term savings needs, a stable income stream and an excellent method to diversify portfolio risk.  The banks CDs have no fees, low risk, are free from the volatile stock market, and FDIC insured.  The bank CDs also offer flexible terms, guaranteed fixed rates and various payment options such as check, add-back to the bank CD account or direct deposit to another bank account.

The bank CD terms range from 90 days to five years.  Interest rates vary with the amount invested and the term selected.

The bank has CD rate specials that allow the CD accountholder to pick a term from 9 months to 18 months and receive an interest rate of 3.00% APY or pick a term between two years to five years and earn an interest rate of 3.25% APY. 

Standard CD rates:
3 month CD has an interest rate 1.75% APY
6 month CD rate is 2.25% APY
9 month CD interest rate is 2.25% APY
11 month CD earns an interest rate 2.50% APY
One year CD rate is 2.75% APY
15 month CD yields an interest rate of 2.75% APY
18 month CD rate is also at 2.75% APY
Two year CD has an interest rate of 2.80% APY
30 month CD earns a rate of 2.90% APY
Three year CD rate is 3.00% APY
Four year CD yields an interest rate of 3.10% APY
Five year CD has a rate of 3.25% APY

There is a $1,000.00 minimum opening deposit for the bank CDs.   All CD rate information is subject to change.  Current bank CD rates and account information can be obtained by contacting the bank at 800-326-5129.  Checking rates, saving rates, money market rates and CD rates are updated on the bank website along with other product information; the website is located at www.fcnbank.com.

Tags: 3 month CD rates, 6 month CD rates, Banks, CD rates, FCN Bank, five year CD rates, four year CD rates, Indiana bank, one year CD rates, rates, savings, three year CD rates, two year CD rates

This entry was posted on Tuesday, February 10th, 2009 at 8:25 am and is filed under Bank Promotions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.