Certificates of Deposit
Certificates of Deposit (CDs) are our most popular tool for both savers and investors. Earn a steady rate of income over various maturities, and you can begin today with a low minimum deposit. Our rates are tiered so that you will earn more with a larger balance. CD Questions? First Palmetto Bank has answers. Please give us a call if you would like to inquire about our Certificates of Deposit offerings, or visit a local branch.
Learn More About CDs
Our CDs offer flexibility in terms and competitive rates. Please review the features below of our CDs:
- $300.00 minimum opening balance
- A $300.00 minimum daily balance is all that is necessary to earn interest
- Flexible terms
- Interest is fixed for the full term
- Interest is compounded daily
- Automatic renewal at maturity with a ten day grace period
- Interest checks or electronic payments of earned interest may be made monthly, quarterly, semi-annually or annually depending on the term of the CD