11-Month CD

Earn a fixed 5.00% APY without the long-term commitment. Available exclusively online.

Open an Account

See how much your money grows with our 11-month CD calculator.

Grow Strong

Earn 5.00% APY1
Skip the stress of market volatility with this fixed APY. 

icon_overdraft-protection_navy.png Minimum opening deposit
Amounts available from $5,000 to $250,000. Deposits must come from outside First Citizens Bank.

lightbulb.png FDIC Insured
Your deposits are insured up to $250,000 per depositor, for each account ownership category. 

Important conditions apply. See details below.2


Q: What happens if I need my money before the CD matures?

A: Although you can access your funds before the CD matures, there's a penalty for early withdrawal.

Q: What happens when my CD matures? 

A:  CD accounts are set to automatically renew at maturity. However, you'll have a grace period of 10 calendar days during which time you can make a deposit, withdrawal, change the term or close your CD. 

Account openings and credit are subject to bank approval. 

1. APY (annual percentage yield) is accurate as of August 31, 2023. A penalty may be imposed for early withdrawal of principal. Any early withdrawal of principal or interest will reduce earnings. The minimum deposit to open the 11-Month CD is $5,000. Fees may reduce earnings on the account. 

This is a limited-time offer that may be withdrawn or changed at any time without notice. 

2. The 11-Month CD must be opened online, in the name of an individual who resides in a state in which there is a First Citizens Bank branch. Joint account owners are not permitted, nor are businesses, trusts or other entities. The account may not be opened as an Individual Retirement Account.

The account must be funded with new money, meaning funds not on deposit or held at First Citizens Bank at the time of account opening. Funds withdrawn from First Citizens Bank within 90 days of account opening are ineligible. Public funds are ineligible.

For the complete list of account details and fees, see the Disclosure of e.Products and Fees and 11-Month CD Addendum
Bank deposit products are offered by First Citizens Bank. Member FDIC and an Equal Housing Lender.