First Bank and Trust Co. Certificates of Deposit

First Bank and Trust Co. Certificates of Deposit Review

First Bank and Trust Co. Certificates of Deposit is offered by First Bank & Trust Co., founded in 1988 and based in Ardmore, OK. First Bank and Trust Co. Certificates of Deposit is available in 1 state across the USA.

• Small selection of CD account types. First Bank and Trust CD only offers traditional and CDs.
• $1,000 minimum deposit. This is a typical minimum initial deposit for the CDs we track.
• Wide selection of CD terms. First Bank and Trust CD allows you to create a CD ladder by spreading your cash across certificates with different terms. This combines the benefits of frequent access to funds and higher rates of return on your savings.

Are cd accounts from First Bank & Trust Co. federally insured?

No, your First Bank & Trust Co. cd accounts are not insured by a federal insurance agency. This means that if First Bank & Trust Co. were to fall into financial difficulties, your deposits are not covered by a government backed insurance fund like the FDIC or NCUSIF.

What types of CDs does First Bank & Trust Co. offer?

• Traditional CDs. These CDs pay a fixed interest rate i you deposit a fixed amount of money for a specific term. Once the maturity date arrives, you have the option of cashing out or rolling over the CD for another term.

What CD rates does First Bank & Trust Co. offer on its CDs?

What is the minimum deposit to open a CD account with First Bank & Trust Co.?

First Bank and Trust CD requires a minimum deposit of $1,000 to open an account.

What is the grace period for First Bank and Trust CD?

First Bank and Trust CD does not specify what their grace period is. A grace period is a period of time during which you can withdraw the money in your CD without paying an early withdrawal penalty. A grace period starts the day after a CD’s maturity date, or the final day a CD is opened. Standard CDs renew automatically at the same term if you don't withdraw your money after the grace period. Note that the new CD rates probably won’t be the same as the original.

What types of fees, such as early withdrawal penalties, does First Bank and Trust CD charge?

Financial institutions don't typically charge many fees on CDs. However, most charge a fee if you choose to withdraw your money before the CD term ends.

First Bank & Trust Co. does not charge an early withdrawal fee.

First Bank & Trust Co. does not seem to charge any of the fees we track.