Bank · FDIC insured
First Bank CD Rates
First Bank’s best CD rate is 4.21% APY on an 8-month CD. Terms run from 3 months to 5 years. Rates checked October 16, 2026.
How First Bank’s CD rates compare
Compared with banks and credit unions near Waterloo, IA, where First Bank has the most branches. $10,000, best rate first.
This bank’s best
First Bank
4.21%APY
- Term
- 8 months
- Minimum
- $5,000
- Earns on $10,000
- $279
CD Special
Top rate
Nicolet National Bank
4.75%APY
- Term
- 60 months
- Minimum
- $2,500
- Earns on $10,000
- $2,612
2nd-highest rate
Empeople Credit Union
4.40%APY
- Term
- 18 months
- Minimum
- $500
- Earns on $10,000
- $667
First Bank CD score
94
CD score
Higher than 96% of U.S. banks and credit unions
- 3–8 months3–8 mo4.21%
- 9–15 months9–15 mo4.21%
- 16–30 months16–30 mo4.21%
- 31–60 months31–60 mo4.21%
- QualifiedQualified4.21%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where First Bank ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
CD Special
4.21%APY · 2 terms
Available in First Bank service areas of Bremer, Black Hawk, Wright, and surrounding counties in Iowa. Substantial penalty for early withdrawal.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 8 months | 4.21% | $279 |
| 14 months | 4.21% | $493 |
Sources (1)
- firstiowa.bank/personal/cd-and-ira-rates · captured Oct 9, 2026
Raise-A-Rate CD
4.21%APY · 2 terms
Available in First Bank service areas of Bremer, Black Hawk, Wright, and surrounding counties in Iowa. Substantial penalty for early withdrawal.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 19 months | 4.21% | $675 |
| 36 months | 4.21% | $1,317 |
Sources (1)
- firstiowa.bank/personal/cd-and-ira-rates · captured Oct 9, 2026
Time Certificates of Deposit (CD)
Up to 1.51%APY · 7 terms
Available in First Bank service areas of Bremer, Black Hawk, Wright, and surrounding counties in Iowa. Substantial penalty for early withdrawal.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 months | 1.00% | $25 |
| 6 months | 1.00% | $50 |
| 12 months | 1.00% | $100 |
| 24 months | 1.00% | $201 |
| 36 months | 1.25% | $380 |
| 48 months | 1.51% | $618 |
| 60 months | 1.51% | $778 |
Sources (1)
- firstiowa.bank/personal/cd-and-ira-rates · captured Oct 9, 2026
Special-purpose accounts
Individual Retirement Accounts Certificate of Deposit
3.75%APY · 3 terms
Available in First Bank service areas of Bremer, Black Hawk, Wright, and surrounding counties in Iowa. Substantial penalty for early withdrawal.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12 months | 3.75% | $375 |
| 24 months | 3.75% | $764 |
| 48 months | 3.75% | $1,587 |
Sources (1)
- firstiowa.bank/personal/cd-and-ira-rates · captured Oct 9, 2026
Savvy Saver CD
2.00%APY · 1 term
Available for 21 years and younger, can be added to at any time. Substantial penalty for early withdrawal. Available in First Bank service areas of Bremer, Black Hawk, Wright, and surrounding counties in Iowa.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 24 monthsAvailable for 21 years and younger, can be added to at any time | 2.00% | $404 |
Sources (1)
- firstiowa.bank/personal/cd-and-ira-rates · captured Oct 9, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.