- Your choice of terms, from 30 days to 5 years
- Safe, secure, FDIC-insured¹ investment
- A choice of interest payment options monthly, quarterly, etc.
- Minimum investment of $1,000
- Higher balances may earn higher interest
- Penalty for early withdrawal
¹ FDIC Insured up to allowable limit
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FirstMerit Jumbo Certificates of Deposit
When you have more to invest, take advantage of our Jumbo CDs for businesses:
- Your choice of terms, from 7 days to 12 months
- Interest earned is paid at maturity
- Several options for interest distribution, which can be:
- Added to the principal
- Paid by check
- Credited to your business checking or savings account
- Minimum investment of $100,000
- CD can be renewed automatically
- Penalty for early withdrawal
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