First Internet Bank CD Rates – 36 Month CD
First Internet Bank of Indiana, sometimes called First Internet Bank or First IB, is one of the first state-chartered, Federal Deposit Insurance Corporation-insured institutions to operate exclusively via the Internet.
Engaging in primarily in online retail banking and investment in securities, their services include interest-bearing checking accounts, regular and money market savings accounts, Certificates of Deposit, Individual Retirement Accounts, credit cards, and check cards. The bank also offers personal lines of credit, installment loans, real-time transfers between accounts, and the ability to display checking, savings and loan information on a single screen.
FIBI’s Certificates of Deposit have high-yield interest rates and easy online account access. Their current best CD offers are at 1.10% APY on their 18-Month CD, at 1.25% on their 24-Month CD and at 1.50% on their 36-Month CD. These CD rates are as of October 27, 2011. All these require a minimum deposit of $1,000 only.
Taking pride in a 4-star health rating, First Internet Bank operates over the Internet, which means they don’t have a costly branch network to support. Hence, you get all the tools and resources you’d expect from a brick-and-mortar bank, complete with better rates, lower fees, and convenient online account access.
Please access their website, www.myfirstib.com to open a CD account today. Their telephone number is 888-873-3424.
