First Internet Bank Certificate of Deposit (CD)
CD Yields (Annual Percentage Yield)
| Term | APY |
|---|---|
| 3 Month | 0.50% |
| 6 Month | 0.75% |
| 1 Year | 1.00% |
| 2 Year | 1.60% |
| 3 Year | 2.15% |
| 4 Year | 2.50% |
| 5 Year | 2.95% |
Rates as of 3-5-10
Account Features
| Minimum Deposit | $1,000 |
| Compounding | Monthly |
Early Withdrawal Penalties
The penalty for certificates of deposit with terms of one (1) and up to and including three (3) months will equal ninety (90) days' interest on the amount withdrawn.
The penalty for certificates of deposit with terms of four (4) and up to and including eighteen (18) months will equal one hundred eighty (180) days' interest on the amount withdrawn.
The penalty for certificates of deposit with terms of nineteen (19) months or more will equal three hundred sixty (360) days' interest on the amount withdrawn.
Renewal Policy and Grace Period
Your account will automatically renew at maturity. Each renewal term will be the same as the original term, beginning on the maturity date. Interest will be calculated on the same basis as during the original term. You will have a grace period of ten (10) calendar days after maturity to withdraw the funds without being charged an early withdrawal penalty.
You may prevent renewal if you withdraw the funds in the account at maturity (or within the grace period, if any) or the bank receives written notice from you before maturity of your intention not to renew.
Contact
www.firstib.com
(888) 873-3424