Bank · FDIC insured
First Choice Bank CD Rates
First Choice Bank’s best CD rate is 1.95% APY on a 5-year CD. Terms run from 3 months to 5 years. Rates checked October 22, 2026.
How First Choice Bank’s CD rates compare
Compared with banks and credit unions near Memphis, TN-MS-AR, where First Choice Bank has the most branches. $10,000, best rate first.
This bank’s best
First Choice Bank
1.95%APY
- Term
- 60 months
- Requires
- None
- Minimum
- $1,000
- Earns on $10,000
- $1,014
Certificate of Deposit
Top rate
Paragon Bank
4.39%APY
- Term
- 13 months
- Requires
- Another account
- Minimum
- $1,000
- Earns on $10,000
- $476
2nd-highest rate
UT Federal Credit Union
4.25%APY
- Term
- 7 months
- Requires
- None
- Minimum
- $5,000
- Earns on $10,000
- $246
First Choice Bank CD score
62
CD score
Higher than 6% of U.S. banks and credit unions
- 3–8 months3–8 mo1.10%
- 9–15 months9–15 mo1.60%
- 16–30 months16–30 mo1.55%
- 31–60 months31–60 mo1.95%
- QualifiedQualified1.95%
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 Choice 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.
Certificate of Deposit
Up to 1.95%APY · 8 terms
Minimum deposit of $1,000. Certificates may be renewed automatically. Early withdrawal penalty applies.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 months | 1.00% | $25 |
| 6 months | 1.10% | $55 |
| 12 months | 1.60% | $160 |
| 18 months | 1.25% | $188 |
| 24 months | 1.55% | $312 |
| 36 months | 1.65% | $503 |
| 48 months | 1.75% | $719 |
| 60 months | 1.95% | $1,014 |
Sources (2)
All captured Oct 15, 2026
Special-purpose accounts
IRA Certificate
Up to 2.75%APY · 6 terms
Minimum balance of $1,000 is needed for a fixed rate IRA. Penalty for early withdrawal.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12 months | 2.00% | $200 |
| 18 months | 2.00% | $301 |
| 24 months | 2.35% | $476 |
| 36 months | 2.40% | $737 |
| 48 months | 2.45% | $1,017 |
| 60 months | 2.75% | $1,453 |
Sources (2)
All captured Oct 15, 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.