SuperMoney
  First Home Bank Online Advantage CD
First Home Bank Online Advantage CD
in CD Accounts from First Home Bank · fdic
Unaffiliated

First Home Bank Online Advantage CD

Unaffiliated
in CD Accounts from First Home Bank · Member FDIC
Not enough votes for recommendation

Not enough votes for recommendation

Explore a similar product
Try this top product in CD Accounts.
CIT Bank RampUp CD
CIT Bank RampUp CD 25 reviews
Highlights
Minimum Opening Deposit Starting at $1,000
Certificate Term
  • 12 months
  • 2 years
  • 3 years
  • 5 years
  • 18 months
APY (Annual Percentage Yield) N/A

First Home Bank Online Advantage CD Review

First Home Bank Online Advantage CD is offered by First Home Bank, a bank founded in 1999 and based in St Petersburg, FL. First Home Bank Online Advantage CD is available in 1 state across the USA.

Key Takeaways
  • Only one CD account type available. First Home Bank CD only offers traditional CD accounts.
  • $1,000 minimum deposit. This is a typical minimum initial deposit for the CDs we track.
  • Wide selection of CD terms. First Home Bank 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.
Pros & Cons of First Home Bank Online Advantage CD
Pros Cons
  • FDIC insured.
  • Multiple CD terms available.
  • Only available in one state.
  • There isn't a no-penalty CD option.
  • Does not offer an IRA CD.
First Home Bank Online Advantage CD FAQ

Are cd accounts from First Home Bank federally insured?

Yes, your First Home Bank cd accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What types of CDs does First Home Bank offer?

First Home Bank CD provides the following types of CDs.
  • 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 Home Bank offer on its CDs?

What terms does First Home Bank CD offer?

First Home Bank offers CD terms of the following lengths:
First Home Bank Online Advantage CD Rates & Terms
Description

What is the minimum deposit to open a CD account with First Home Bank?

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

What is the grace period for First Home Bank CD?

There is a 10-day grace period for First Home Bank CD. 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 10-day 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 Home Bank 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 Home Bank does not charge an early withdrawal fee.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Other Services by First Home Bank

Availability

  Available in 1 state
Florida
Availabile in all of Florida

Feature Breakdown

Minimum Opening Deposit Starting at $1,000
CD Accounts Traditional
Grace Period for Account Changes 10 days
Certificate Term
  • 12 months
  • 2 years
  • 3 years
  • 5 years
  • 18 months

Be the first to rate

 

Would you recommend First Home Bank Online Advantage CD to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)