Introducing Companion Deposit!
FNBC not only offers outstanding CD rates, but is now offering a 1.50% APY* deposit account which can be opened in companion with your new CD.
FNBC Bank understands that savings account rates are typically low. This is why we are now offering an account that provides a great rate combined with total liquidity. We have found that many people don’t want to tie up all of their funds in fixed term CDs and would like to keep part of their money in easy-to-access cash.
We are pleased to introduce the FNBC Companion Deposit Account – an account to accompany new money CDs that provides savers the best in savings – HIGH YIELD and NO COMMITMENTS.
The FNBC Companion Deposit Account provides just this. You are able to have the best of both worlds with some funds locked into a great paying CD and funds available in a great paying deposit account, of which this balance can be accessed at any time.
Customers who open a CD at FNBC with funds not currently held at our institution are eligible for our premium priced Companion Deposit Account of equal or lesser value size to your new CD. This high-yield savings approach appeals to all stakeholders because of its well-priced long-term nature.
This product combines the most attractive promotional feature of CDs and savings:
- Open and fund like a CD
- High yield like a CD
- Variable rate like a savings account
- Withdraw any time, like a savings account
Contact us today to take advantage of this offer!
*APY=Annual Percentage Yield. The APY for the Companion Deposit Account is effective as of August 15, 2018. Rate is subject to change at any time. Offer for new deposits at FNBC only. Companion Deposit Account must be opened or funded the same day as the associated time deposit (CD) and funded within 3 business days. Debit-only account. No minimum deposit required to open. No minimum balance requirement or monthly service charge. Interest compounded quarterly, credited quarterly. Unlimited withdrawals in person. Three transfers or electronic withdrawals per statement cycle at no fee. $2.00 per additional transfer or electronic withdrawal. Personal accounts only.