Certificates of Deposit

First Southern Bank offers a variety of Certificates with competitive terms and rates. A certificate is a time deposit account that earns interest for a specified term. Earn a fixed, guaranteed yield with this safe FDIC-insured investment.

It can be used essentially as a savings account because it restricts the holder from withdrawing funds on demand. Although it is still possible to withdraw the money, this action will incur a penalty if the Certificate has not reached maturity.

Savings – Non-Personal Account

• $25.00 minimum balance to open account
• Maintain minimum balance of $25 to earn interest
• Receive quarterly statement

Tiered Money Market Account

• $500.00 minimum balance to open account
• $12.00 service charge fee each month account balance falls below $2500.00
• Maintain minimum balance of $500.00 to earn interest