Hold the CD to maturity or redeem early and collect a possible bonus. The client can keep their money in the account and earn the stated rate to maturity.Ĭhoices – Terms to maturity can be selected up to 60 months.
Like any other CD, it pays a fixed rate of interest over the life of the deposit. CDtwo is the same as a traditional CD, except without a standard early withdrawal penalty. When rates change our CDtwo*, a next-generation CD, gives you options – including a bonus when you withdraw early and interest rates have declined. Have you heard of a CD that pays you a bonus when you withdraw early? Some CDs have substantial penalties for early withdrawal, while others claim 'no-penalties'. collect a bonus! When rates drop, our CDtwo ® rises.
Choose from a number of terms and lock in your rate. Traditional CDs offer low risk investments. Certificates of Deposit (CDs): At First National Bank and Trust Company, You Have Optionsįirst National Bank and Trust Company offers two different types of CDs, plus, a companion deposit account option.