Jump to a section:

CD DirectSave

Make investing turnkey thanks to CD DirectSave. Set up automatic deposits from your First Mutual Bank checking account into a 6-month CD.

  • Minimum deposit: $25
  • Early withdrawal penalties may apply
  • Requires at least one electronic deposit per month, $25 minimum deposit
  • Increase contributions at any time
  • Seamless, simple investing
  • Account matures in 6 months

Use our calculator to see how investing in a CD can grow your money.

As of 4/3/2025

ProductAPYInterest RateMinimum BalanceDisclosures
DirectSave1.51%1.50%$25

Compounded & credited monthly. Must set up ACH transfer of at least $25 per month from a checking account or outside savings account at account opening. Automatic renewal. 7 day grace period. Penalty for early withdrawal.
*Interest rates and Annual Percentage Yield (APY) are subject to change. Fees could reduce earnings. 

Long-Term CDs

Invest your money longer and earn even more.

  • Minimum deposit: $500*
  • 12-Month CD
  • 18-Month CD
  • 24-Month CD
  • 36-Month CD
  • 48-Month CD
  • 60-Month CD

Use our calculator to see how investing in a CD can grow your money.

As of 4/3/2025

ProductAPYInterest RateMinimum BalanceDisclosures
12-Month CD1.15%1.15%$500
18-Month CD1.20%1.20%$500
24-Month CD1.25%1.25%$500
36-Month CD1.35%1.35%$500
48-Month CD1.45%1.45%$500
60-Month CD1.55%1.55%$500

*$1,000.00 Minimum deposit to open. Early withdrawal penalties may apply.
**Renewal Term is 18 months for the 18 Month CD.
***Renewal Term is 24 months for the 27 Month Jump CD

Short-Term CDs

Get competitive rates with a short-term commitment.

  • Minimum deposit: $500*
  • 3-Month CD
  • 6-Month CD
  • 9- Month CD

Use our calculator to see how investing in a CD can grow your money.

As of 4/3/2025

ProductAPYInterest RateMinimum BalanceDisclosures
3-Month CD0.75%0.75%$500
6-Month CD1.00%1.00%$500
9-Month CD1.00%1.00%$500

Compounded & credited quarterly. Automatic renewal for same term. 7 day grace period for deposits or withdrawals after the maturity date. Penalty for early withdrawal.
*Interest rates and Annual Percentage Yield (APY) are subject to change. Fees could reduce earnings. 

Stay in Control with Online Banking

New and improved, online banking is a streamlined, secure and flexible way to make managing your money easier in ways you never knew you needed.

Let’s Help Your Money Grow

Invest the mutual way.

As a mutual bank customer, your money goes to work in our communities. Every dollar helps people buy homes and grow local businesses. It’s the mutual bank difference.

You’re not alone.

Saving can feel overwhelming, but we’re here to help you! You can always schedule an appointment to meet with a banker.

Helping You Invest Wisely

Gain access to articles, videos and tools, day or night.

Retirement Account Withdrawal Strategies

Like most things in life, retirement fund withdrawals should be carefully planned to maximize your assets and get the most mileage from your retirement funds. Of course, the first act…

401(k) Calculator

A 401(k) account available through your employer is one of the best methods for building retirement savings. There are two key advantages. First, any contributions made to your 401(k) now…

An Overview of 529 Plans

As families invest their savings in preparation for their children’s future K-12 or college tuition and expenses, 529 college savings plans can provide various tax and financial benefits. These benefits…

Should College Students Have Credit Cards?

College is full of lessons to be learned and one important lesson you should learn but most likely won’t in the classroom is how to manage your money wisely. You…

Retirement Planning Mistakes to Avoid

A strong economy, coupled with a rising stock market, provided steady increases in the average 401(k) account between 2010 and 2020. That trend seemed to continue in 2021, however, account…

Gig Worker Retirement Strategies

Over the past several years, there has been a significant rise in gig workers and the number of affiliated companies that utilize them. According to MBO Partners, there are 64.6…

Choosing Between College and Retirement Savings

Saving enough money to help pay for your children’s college education is a daunting challenge. Are you trying to save for your retirement at the same time? That makes a…