First Bank is one Florida bank that is offering exceptionally high interest rate CDs similar to the exceptional play of the home state college football team.  First Bank is a locally owned community bank that has been serving Southwest Florida since 1922.  First Bank has three convenient bank branch locations in Hendry County, one in Lee County and one in Glades County.  The bank offers a wide assortment of CDs with varying terms and interest rates to help consumers plan for a variety of financial needs.

The bank is running a special promotion on their 7 month CD that now offers an interest rate of 2.84% APY.  The bank also a two year CD that earns an interest rate of 2.94% APY.  And the bank has a five year CD that has a rate of 3.56% APY.  All of these bank CDs have a minimum required deposit of $2,500.00.

First Bank also presents a high yield, interest bearing free checking account with no minimum balance required.  The rate earned on this checking account is 4.01% APY paid on balances up to $25,000, and 0.70% APY paid on all amounts above $25,000 each cycle the minimum requirements are met.  The checking account has no monthly service charge.  There is no minimum balance required.  ATM fees are refunded up to $25 per cycle if requirements are met.

The minimum requirements needed to obtain the high interest rate and the ATM refunds include; 12 debit card transactions, 1 direct deposit or ACH automatic debit and the account holder must enroll and receive the bank statements electronically.  There is a minimum deposit of $100.00 to open the account.  Rates as of January 1st, 2009.  The bank may change the interest rate and APY at any time after the account is opened.

First Bank has more products and services to help their customers achieve their personal financial needs, including; checking, savings, personal loans, mortgage loans, trust services, card & ATM services.

Interest Rates and annual percentage yields are current as of January 9, 2009.  First Bank can be reached at 866-946-1757.  The bank web site can be found at www.first1bank.net.

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