Certificates of Deposit

A certificate deposit is a great short-term savings tool. With terms that vary from three months to 48 months, there’s sure to be a solution for you. First National Bank of Northfield is proud to offer competitive rates for its certificates of deposit, including a 9-month special and 16-month special.

Current Rates

Deposit Term Minimum Balance* Interest Rate Compounded APY**
3 Months $1,000 0.10% Simple 0.10%
6 Months $1,000 0.15% Simple 0.15%
12 Months $500 0.25% Quarterly 0.25%
18 Months $500 0.30% Quarterly 0.30%
30 Months $500 0.50% Quarterly 0.50%
48 Months $500 0.85% Quarterly 0.85%
9-Month Special $5,000 0.30% Quarterly 0.30%
16-Month Special $5,000 0.35% Quarterly 0.35%

 

* The minimum balance required to open an account and obtain the annual percentage yield stated.

** Annual Percentage Yield (APY). Annual percentage yields are accurate as of today’s date. A penalty may be imposed for early withdrawal. (12 months and under = 6 months of interest; over 12 month term = 12 months of interest)