First National Bank (FNB) has just joined the 3 for 5 Club, with its 61-month CD Special (3.00% APY). The minimum opening deposit is $500 of new money and is capped at $250k. An existing or new FBN consumer checking account is required to qualify for the 3.00% promotional rate. There is a limit of one 61-month CD Special per household.
|0.40%||$5k||$250k||First National Bank of Pennsylvania||61 Month CD Special - New Money|
The CD Special is also available as an IRA (Traditional), earning the same APY with the funding and checking relationship requirements.
According to CSR, the Early Withdrawal Penalty is six months of interest.
FNB Checking Accounts
FNB describes the Freestyle, Mystyle, Lifestyle, and Premierstyle checking accounts as “from no-frills to bells-and-whistles.” Of the four accounts, the Freestyle is probably the easiest account to maintain, since it has no monthly service fee (as long as eStatements are received) and no minimum balance requirement. FNB’s Compare Checking Accounts page has a side-by-side comparison chart to better describe the difference between the various checking accounts.
Headquartered in Greenville, Pennsylvania, First National Bank’s market area is comprised of Maryland, North Carolina, Ohio, Pennsylvania, South Carolina, and West Virginia, including three major metropolitan areas (Pittsburgh, Baltimore, and Cleveland).
With the acquisition of North Carolina-based Yadkin Bank last year, FNB has established a presence from the Outer Banks to the Cherokee National Forest.
Opening a 61-month CD Special must be done at any of 411 branches located in Maryland (31), North Carolina (95), Ohio (32), Pennsylvania (248), South Carolina (3), and West Virginia (2).
First National Bank has an overall health grade of "A+" rating at DepositAccounts.com, with a Texas Ratio of 4.17% (excellent) based on December 31, 2017 data. In the past year, the Bank has increased its total non-brokered deposits by $5.76 billion, an excellent annual growth rate of 36.26%. Please refer to our financial overview of First National Bank (FDIC Certificate # 7888) for more details.
Established in 1864, First National Bank was originally known as the First National Bank of Mercer County (western Pennsylvania, bordering on Ohio) for its first 128 years. Beginning with a re-brand to its current name in 1992, the Bank began 25 years of expansion that included the acquisitions of 19 banks in Maryland, North Carolina, Pennsylvania, and Ohio. Today, First National Bank is the largest bank headquartered in Pennsylvania and 53rd largest bank in the country, with assets in excess of $31 billion and more than 1.15 million customer accounts.
How the CD Special Compares
When compared to the similar length-of-term CDs tracked by DepositAccounts.com, which require a similar minimum deposit and are available within the Bank’s market area, First National Bank’s 61-month CD Special APY currently ranks second.
The above rates are accurate as of 4/26/2018.
Looking for the best CD rates, both nationwide and in your state? Please refer to our CD Rates Table page.