6.25% 60-Month CD at a Pennsylvania Bank - Variable (First National Community)

First National Community Bank is offering a 6.25% APY 5-year variable rate certificate of deposit. It's based on the Prime Rate and is guaranteed not to drop below 4%. The 6.25% yield requires a checking account. Without the checking, the yield is 6% APY. The minimum deposit is $1,000 and the maximum is $100K. The early withdrawal penalty is 6 months of interest.

According to the service rep. they require a branch visit to open accounts. Branches are located in several Pennsylvania cities including Shavertown, Scranton, Plains and Pittston.

The bank has been FDIC insured since 1934. It has a 3 out of 5 star safe-and-sound rating (performing) at Bankrate.com.

Tags: First National Community Bank (PA), Pennsylvania, CD rates