Certificates of Deposit

Competitive rates and guaranteed returns
  • Flexible terms from three (3) months to five (5) years
  • Monthly interest can be added back to CD balance or credited to another Farm Bureau Bank deposit account
Open Account: Certificates of Deposit View Rates: Certificates of Deposit
  • Minimum Deposit - $1,000
  • Terms - 14M ∙ 26M ∙ 37M ∙ 45M ∙ 62M
  • Automatically renewed at the current rate (for the next lowest standard term)
  • Transaction Limitations - Only withdrawals of interest credited are allowed prior to maturity; additional deposits are not allowed until the maturity date1
  • Interest Rate - Earn up to 2.10% APY*
  • Minimum Deposit - $1,000
  • Terms - 3M ∙ 6M ∙ 1Y ∙ 18M ∙ 2Y ∙ 3Y ∙ 4Y ∙ 5Y
  • Automatically renewed at the current rate (same term)
  • Transaction Limitations - Only withdrawals of interest credited are allowed prior to maturity; additional deposits are not allowed until the maturity date1
  • Interest Rate - Earn up to 1.77% APY*
  • Minimum Deposit - $50,000
  • Terms - 3M ∙ 6M ∙ 1Y ∙ 18M ∙ 2Y ∙ 3Y ∙ 4Y ∙ 5Y
  • Automatically renewed at the current rate (same term)
  • Transaction Limitations - Only withdrawals of interest credited are allowed prior to maturity; additional deposits are not allowed until the maturity date1
  • Interest Rate - Earn up to 1.87% APY*
  • Minimum Deposit - $1,000 (standard) or $50,000 (jumbo)
  • Terms - 1Y ∙ 18M ∙ 2Y ∙ 3Y ∙ 4Y ∙ 5Y
  • Automatically renewed at the current rate (same term)
  • Transaction Limitations - Only withdrawals of interest credited are allowed prior to maturity; additional deposits are not allowed until the maturity date1
  • Interest Rate - Earn up to 1.67% APY*
  • Minimum Deposit - $250,000
  • Terms - 3M ∙ 6M ∙ 1Y ∙ 2Y ∙ 3Y ∙ 5Y
  • Automatically renewed at the current rate (same term)
  • Transaction Limitations - Only withdrawals of interest credited are allowed prior to maturity; additional deposits are not allowed until the maturity date1
  • Interest Rate - Earn up to 1.80% APY*

Additional CD features:

  • FDIC-insured up to $250,000 per depositor
  • Full FDIC insurance for deposits up to $50 million with CDARS2
Disclosures:

1 Your time deposit may not be withdrawn prior to maturity, in whole or in part, except with our consent. If we permit early withdrawal, fees may apply. See Deposit Account Terms and Conditions for complete details.

2 CDARS and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC. Placement of funds through the CDARS service is subject to the terms, conditions, and disclosures in the service agreements, including the Deposit Placement Agreement [DPA]. Limits apply, and customer eligibility criteria may apply.

 

Fees could reduce earnings on deposit accounts.

The Annual Percentage Yield [APY] quoted by the bank assumes interest remains on deposit until maturity (if applicable). For deposit accounts, interest is compounded daily and paid monthly. Withdrawals prior to maturity will reduce earnings. There is a substantial penalty for early withdrawals from CDs. The interest rate paid on new CD accounts will be equal to the greater of (1) the interest rate that is in effect on the date a mailed application is postmarked or, (2) the interest rate that is in effect on the date the funds are received by the bank. Fees could reduce earnings on the account.