Certificates of Deposit & IRA's
Effective date: April 1, 2025
| Product | Duration | Interest Rate | Minimum Opening Deposit | Annual Percentage Yield |
|---|---|---|---|---|
| 30 Day Certificates | 30 days | 0.55% | $2,500 | 0.55% |
| 90 Day Certificates | 90-179 days | 0.55% | $2,500 | 0.55% |
| 180 Day Certificates | 180-364 days | 1.01% | $2,500 | 1.01% |
| Relationship***/New Money** Special - 9 Month CD and IRA | 9 months | 4.01% | $2,500 | 4.01% |
| 1 Year Variable Rate IRA Savings | 1 year | 0.51% | $50 | 0.51% |
| 1 Year Certificates and IRA | 12-17 months | 1.03% | $500 | *1.03% |
| 24 Month Certificates and IRA | - | 1.03% | $500 | *1.03% |
| 36 Month Certificates and IRA | - | 1.03% | $500 | *1.03% |
| 48 Month Certificates and IRA | - | 1.06% | $500 | *1.06% |
| 60 Month Certificates and IRA | - | 1.11% | $500 | *1.11% |
Penalty for early withdrawal
*APY for CDs one year or more are based on quarterly interest
**Valid on new money not currently on deposit with 1st national Bank of Scotia
***Valid for depositors who maintain a deposit account (active with deposits and/or withdrawals) or loan relationship with 1st National.