First National Bank Alaska
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Certificates of Deposit for Business

Low minimum deposit and low minimum maturity of 30 days allows you to design a certificate of deposit account to meet your immediate and future cash needs.

  • Minimum deposit of $750
  • Use your CD as collateral for a loan
  • Interest accrues from the first day of deposit and is calculated using the daily balance method by applying a daily periodic rate to the principal in the account each day
  • Interest is credited upon maturity or renewal
  • Automatically renewable when specified at the time of purchase. Bank rate at time of renewal will apply
  • Maturity notice mailed prior to maturity date
  • Deposits up to $250,000 are insured by FDIC
  • Cash may be withdrawn early (penalty applies)

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