If you are looking for a higher rate of return other than traditional money market or savings accounts can offer, you may want to consider a Certificate of Deposit (CD). With a First National Bank of Midland CD, your savings will earn a higher interest rate for a set period of time. You can invest in a CD for as little as $ 500 and select from a variety of maturities ranging from one month to five years.
| Certificate of Deposit Type |
Minimum Deposit |
| 30 to 59 Days |
$500 |
| 60 to 89 Days |
$500 |
| 90 to 179 Days |
$500 |
| 180 to 364 Days |
$500 |
| 12 to 17 Months |
$500 |
| 18 to 23 Months |
$500 |
| 24 Months |
$500 |
| 30 Months |
$500 |
| 36 Months |
$500 |
| 48 Months |
$500 |
| 60 Months |
$500 |
| |
| Individual Retirement Account (IRA) Certificate of Deposits |
| 180 to 364 Days |
$500 |
| 12 to 23 Months |
$500 |
| 24 Months |
$500 |
| |
|
Also Ask about our CD specials. Call bank for Rates
Individual Retirement Accounts (IRA)
Any individual under 70 1/2 years of age who has earned income may establish an IRA, and can also rollover proceeds from a pension plan payout to an IRA. There are many deciding factors in determining the dollar and age limits for this kind of account.
