First National Bank (PA) Adds 13-month CD Special

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Deal Summary: 13-month CD Special, 1.75% APY, promo code CD155, $5k min/$500k max, new money, checking relationship required.

Availability: Maryland, North Carolina, Ohio, Pennsylvania, South Carolina, and West Virginia.

First National Bank (FNB) is currently offering a 13-month CD Special (1.75% APY). The minimum required deposit is $5k of new money, with a balance cap of $500k. The special rate requires either an existing or new personal checking account.

APYMINMAXINSTITUTIONPRODUCTDETAILS
1.65%$5k-First National Bank of Pennsylvania13 Month CD Special
1.65%$5k-First National Bank of Pennsylvania13 Month IRA Special
Accounts mentioned in this post. Rates as of October 23, 2017.

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According to CSR, the Early Withdrawal Penalty is "$25, plus 3% of amount withdrawn."

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, as it has no monthly service fee, as long as eStatements are received, and no minimum balance requirement. FNB’s Compare Checking Accounts page shows a side-by-side comparison chart to better describe the difference between the various checking accounts. Unfortunately, the $150 bonus for opening a new FNB checking account that was announced in July has expired.

FirstRate Money Market Special

FNB is also offering a promotional rate of 1.35% APY on its FirstRate Money Market through November 30, 2017. A minimum deposit of $25k of new money in either a new or existing FirstRate Money Market account is required to qualify for the promo rate. Like the 13-month CD Special, a checking relationship is required. Since the rate is only guaranteed for about three months, I don’t really consider this a great deal, but definitely worth mentioning.

Availability

Headquartered in Greenville, Pennsylvania, First National Bank of Pennsylvania’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 recent acquisition of Yadkin Bank (NC), FNB has established a presence from the Outer Banks to the Cherokee National Forest.

Opening a 13-month CD Special can be done online, using promo code CD155, or at any of 423 branches located in Maryland (33), North Carolina (97), Ohio (31), Pennsylvania (257), South Carolina (3), and West Virginia (2).

Bank Overview

First National Bank has an overall health grade of "A+" rating at DepositAccounts.com, with a Texas Ratio of 4.27% (excellent) based on March 31, 2017 data. In the past year, the Bank has increased its total non-brokered deposits by $5.33 billion, an excellent annual growth rate of 35.04%. Please refer to our financial overview of First National Bank (FDIC Certificate # 7888) for more details.

Established in 1864, First National Bank of Pennsylvania was known as the First National Bank of Mercer County (western Pennsylvania, bordering on Ohio) for its first 128 years. Starting with a change to its present-day 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 of Pennsylvania is the largest bank headquartered in Pennsylvania and 52nd largest bank in the country, with assets in excess of $30 billion and more than 1.13 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 13-month CD Special APY currently ranks first.

The above rates are accurate as of 9/5/2017.

To look for the best CD rates, both nationwide and state specific, please refer to our CD rates table, or our Rates Map page.

Related Pages: 1-year CD rates

Comments
Crooked H>
Crooked H>   |     |   Comment #1
They also have a 10 year cd 2.45% apy
Alex P. Keaton
Alex P. Keaton   |     |   Comment #2
I'd never do a 10 year CD. I'd wonder if I'd be alive to see it mature but I guess 2.45% isn't bad. When President Chelsea Clinton takes office in 2025, she & the Federal Reserve are going to take measures to lower the rates.
mpbm
mpbm   |     |   Comment #3
Not available online
retirednc
retirednc   |     |   Comment #4
MEGA-PENALTY FOR EARLY WITHDRAWAL!
The 13 month 1.75% APY CD is convenient, but the Early Withdrawal Penalty is prohibitive. The EWP is not stated on FNB's website. It took several phone calls for me to obtain it.

For a CD of one year or less, the EWP could be 1% of the principal withdrawn plus $25. For over 12 months,in this case 13 months, the penalty could be 3% of the principal withdrawn plus $25.
Sperry8
Sperry8   |     |   Comment #5
Details here: https://www.fnb-online.com/august-cd-special
First National Bank Adds $150 Checking Bonus (Expired)

UPDATE 9/1/2017: Even though the original offer gave a December 31, 2017 expiration date, this bonus is no longer available.

Deal Summary: $150 bonus when opening a new Freestyle, Mystyle, Lifestyle, or Premierstyle checking account.

Availability: Bonus available in Maryland, North Carolina, Ohio, Pennsylvania, South Carolina, and West Virginia.

Now through December 31, 2017, First National Bank (FNB) is offering a $150 bonus when opening a new Freestyle, Mystyle, Lifestyle, or Premierstyle checking account.

Bonus Requirements

  • Open a new checking account by December 31, 2017, using the promotional code, DIRECT17.
  • Set-up and receive...
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First National Bank (PA) Offers New 10-Year CD Special
Availability: Market area is Pennsylvania, Maryland, Ohio, and West Virginia.

In mid-July, First National Bank of Pennsylvania added six new CD Specials to its product line. Of those six CDs, the 10-year CD Special (2.52% APY) is the only competitive CD. Unfortunately, in today's environment, 10-year CD rates aren't much higher than 5-year CD rates.

The minimum opening deposit is $10K and there is no maximum balance cap.

According to CSR, the Early Withdrawal Penalty (EWP) is "$25, plus 3% of amount withdrawn."

Availability

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6.10% Savings Account Promo at a Maryland Bank (Bank Annapolis)
Bank Annapolis has a savings account called the Superior Savings with a rate of 6.10% APY until June 10th. After June 10th the rate will fall to 4.50% APY. There are no minimum balance requirements and all balances earn the full yield.

The promotional period is short, but the post-promo rate is still competitive for a brick-and-mortar bank. As this Annapolis news article explains, the bank decided to offer this savings account and promotion in response to the competition from online banks. The bank's CEO realized that the brick and mortar...

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