Certificates of Deposit (CDs)

Individual Retirement Accounts (IRAs)

Lock In Your Rate for a Guaranteed Return

Invest your funds in a First Bank and Trust CD. Lock-in your rate for terms from 30 days to 5 years (see chart below). Plus, you’ll enjoy the peace of mind of FDIC insurance.

It’s easy to open an account, make your selection today.

Certificates of Deposit (CDs)
Account Overview Short-Term Long-Term
Locks in your rate for the term of your investment 1 Month (7–31 Days) CD 18 Month CD (18 to 23 months)
Features and Benefits 3 Month (32–90 Days) CD 2 Year CD (24 to 35 months)
Terms are available up to five (5) years.

Interest can be paid monthly, quarterly, or annually

6 Month (91–180 Days) CD 3 Year CD (36 to 47 months)
9 Month (181–365 Days) CD 4 Year CD (48 to 59 months)
1 Year CD (12 to 17 months) 5 Year CD (60 months only)
For a limited time, FBT is offering special rates for customers interested in opening a CD or IRA. Accounts must be opened with NEW MONEY not currently on deposit at FBT.

Minimum to open GROW FASTER CDs or IRAs is $5,000.
12 month term – 1.40% APY

18 month term – 1.50% APY

24 month term – 1.70% APY
Bump Rate CDs/IRAs offer you the option to “bump” the rate if FBT increases the rate on the same product during the term of the CD / IRA. Higher APYs are paid when you open a checking account with Direct Deposit1. Minimum to open is $1,000.
Requires Checking with Direct Deposit1 Does Not Require Checking Account
15 Mo. BUMP CD / IRA 1.87% APY 1.76% APY
21 Mo. BUMP CD / IRA 1.97% APY 1.87% APY
30 Mo. BUMP CD / IRA 2.22% APY 2.02% APY
Individual Retirement Accounts
Individual Retirement Accounts (IRAs) are available on all CD terms from 12 months to 60 months. Minimum to open is $1,000 unless otherwise noted.
See product details

Stated Annual Percentage Yields (APYs) assumes funds will remain on deposit for the stated term.

A penalty may be imposed for early withdrawal. If IRA funds are withdrawn prior to maturity, an early withdrawal penalty and distribution penalties may apply; check with your tax advisor.

Maturity Notices are sent on all CDs / IRAs prior to renewal.

You may receive interest at maturity if the CD term is one year or less; for CDs with a term of one (1) year or longer, the interest must be received annually.

1Direct Deposit – Higher APYs on each stated BUMP CD / IRA terms requires the opening of a checking account with minimum opening deposit of $1,000 of new money not on deposit with FBT and with direct deposit of a minimum of $500 per statement cycle with qualifying deposits from ACH paycheck, pension, or government benefit (like Social Security) from an employer or the government. Checking account must remain open and active during the term of the CD/IRA to maintain the higher APY.

2Limited time offer, can be withdrawn at any time without notice. Interest must be received at least annually.

3Interest rates are fixed for the term of the CD. Bump CDs feature a one-time option to increase the rate if FBT offers a higher rate on an identical term CD/IRA during the original certificate term. The option to exercise the rate bump feature can be used one-time and cannot be rescinded once requested. The new rate will only apply from the date of the rate adjustment through the remainder of the original term.

Balances are insured up to the applicable FDIC limits. A bank associate can provide you with detailed information about FDIC insurance or you can learn more by visiting https://www.fdic.gov/deposit/deposits/faq.html