With FirstBank's Certificates of Deposit, you will be making a safe investment that earns interest and at the same time may serve as collateral for a personal and/or commercial loan.

• Fixed rate CDs are available ranging from thirty days to three years.*
• Interest rate varies according to the term and amount selected and is renewed automatically at maturity.
• Receive interest earned on your CD by check, have the interest credited to another FirstBank account, or add the interest earned to the CD balance.
• Access account information through eFirstBank.
• Your money will be FDIC insured in accordance with the Federal Deposit Insurance Corporation's rules, laws, and regulations on insurance coverage (member FDIC in the USVI and Puerto Rico only).
• Minimum opening deposit is $2,500.00.

Application Procedure:

• Accounts may be opened at any FirstBank Branch Location.
• Completed CD account form and a W-8 or w-9
• Other documentation may be required.

Related Products:

• Individual Checking Accounts
• Individual Statement Savings and Maximizer Accounts
• eFirstBank

* Terms and Conditions:

• Early Withdrawal Penalties: Withdrawals before maturity from a CD must be approved by the bank, and are subject to the following penalties:
• Withdrawal on original tenors up to 365 days: Penalty is forfeiture of 90 days of interest or all accrued interest, whichever is less.
• Withdrawal on original tenors after one year: Penalty is forfeiture of 180 days of interest or all accrued interest, whichever is less.

NOTE: The bank may deduct the penalty amount from principal, if necessary.

* FirstBank reserves the right to negotiate minimum opening deposit amounts and the terms at account opening.

Contact:

Visit any one of our branches on St. Croix, St. John, St. Thomas, Tortola or Virgin Gorda, or contact FirstLine Telebanking at (866) 695-2511 (USVI) or (284) 495-8899 (BVI).