We’re helping you start off the new year right! For a limited time, we will be offering the year’s first tax break! Open a one-year, tax-deferred CD at 1.50% APY1 and defer paying taxes on the interest earned on this account until 20182.
Looking for more? We are also offering a 36 Month Bump Rate CD option at 1.50% APY3. This CD gives you the ability to not only earn a great rate, but “bump up” to a higher rate and add funds if our 36 Month Bump Rate CD rate goes up anytime during the term.
If 2016 was not your year financially or if you fell short of some financial goals, the Tax-Deferred CD and the 36 Month Bump Rate CD are two great options to get you on track for 2017. Stop by any branch to open either account today. Click here to learn more.
1 APY (Annual Percentage Yield) is 1.50% based on 1.50% interest rate and assumes principal will remain on deposit for twelve (12) months. Interest rate is effective 1/6/2017 and subject to change. The minimum deposit to open the CD and obtain the interest rate is $10,000. You may not make any additional deposits into this account. Early withdrawals of principal are not permitted and will result in the loss of accrued interest. This offer is not available to brokers or financial institutions and may be withdrawn at any time. Consult with your tax advisor for specific details on how a tax-deferred account will affect you.
2 Refer to http://firstcountybank.com/CD-Disclosure for official account rules and disclosure.
3 APY (Annual Percentage Yield) is 1.50% based on 1.49% interest rate. Interest rate is effective 11/1/16 and subject to change. The minimum deposit to open the CD and obtain the interest rate is $1,000. CD must be opened with funds not currently on deposit with First County Bank. The CD has a one-time option to Bump Up the interest rate to the interest rate we are then offering for the 36 month Bump Rate CD, for the remaining term of the CD. At the time you exercise the Bump Up, you may make an additional one-time deposit. Early withdrawals of principal are not permitted and may result in a penalty. Fees and interest withdrawal may reduce earnings. This offer is not available to brokers or financial institutions and may be withdrawn at any time.