First Green Bank CD Rates

The First Green Bank is based in Eustis and Clermont, Florida. This financial institution is a one of a kind ground breaking establishment for sure! It is the first bank of its kind to promote both a positive and healthy environment as well as social responsibility while at the same time operating as a traditional and regular down-to-earth community bank. This bank offers a variety of products to its customers and provides excellent service to all of its clients as well as its investors. The progressive approach the First Green Bank takes makes it a first among financial establishments.

The First Green Bank is based in Eustis and Clermont, Florida. This financial institution is a one of a kind ground breaking establishment for sure! It is the first bank of its kind to promote both a positive and healthy environment as well as social responsibility while at the same time operating as a traditional and regular down-to-earth community bank. This bank offers a variety of products to its customers and provides excellent service to all of its clients as well as its investors. The progressive approach the First Green Bank takes makes it a first among financial establishments.

If you are not presently a customer of the First Green Bank then you could be and indeed you should be! Investing is always a wise idea and the First Green Bank CD rates are something you should explore further. If you do not know much about them then you are missing out.

The First Green Bank offers an array of CDs and IRAs. For those who are not well acquainted with the acronyms, CD stands for certificate of deposit while IRA stands for Individual Retirement Account. Let us take a look at the hybrid flex CD and IRA as well as the renewable CD and IRA.

Both the hybrid flex CD and IRA offer flexibility for saving green at the First Green Bank. It combines the structure of a CD with that of an IRA. To open a hybrid flex CD or a hybrid flex IRA you must put down a minimum of $1,000 as a deposit. You are permitted to make extra deposits in increments of $100, up to ½ of your initial principal balance. You are allowed to increase the rate of your CD one time during the term if the rate at the First Green Bank increases.

A renewable CD and IRA make it possible for you to maximize the return on your investment with the composition and structure of a traditional CD or a traditional IRA. The renewable CD or IRA can be opened with a low minimum deposit of $1,000 and daily compounding. Both the renewable CD and the IRA will lock in the green you wish to lock in for whatever term you choose.

When it comes to a renewable CD or IRA the interest is compounded on a day-to-day basis. It can be credited on a monthly basis, a quarterly basis or it can be paid out at the time of maturity. The terms range from three months to five years. To find out all you need to know about the current First Green Bank CD rates you can either visit one of the bank branches or you can go online and visit the bank’s website. It can be found on the web here- http://www.firstgreenbank.com/.