With a fixed rate Commercial Certificate of Deposit (CD) that ranges from thirty days to three years¹, we make it easy for you to save and earn. Not only is your money secured, but your CD may also be used as collateral for a commercial loan.

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Available fixed rate CDs ranging from thirty days to three years¹

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Varying interest rates based upon the term and amount selected, renewed automatically at maturity

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Interest payment options: receive payment by check, credit it to another account or add it to your CD balance

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Account information available through FirstLine Solutions Center

Libertad para escoger:

Libertad para escoger:

  • Término de la cuenta.

  • Cuándo y cómo se pagan los intereses.

Intereses competitivos.

Intereses competitivos.

Acceso a la información de tu cuenta a través de Tu Banca Digital.

Acceso a la información de tu cuenta a través de Tu Banca Digital.

Si tienes Cuenta BONUS, el balance de tu CD cuenta como parte del balance diario promedio a mantener para evitar el cargo mensual por servicio.

Si tienes Cuenta BONUS, el balance de tu CD cuenta como parte del balance diario promedio a mantener para evitar el cargo mensual por servicio.

HOW TO APPLY

Ready to open an account?

Make sure you have the following documents readily available.

  • A copy of your business license, EIN/ TIN number and one valid forms of ID

  • Completed CD account form and a W-8 or W-9

  • Additional information, such as:

  • Trade Name Certificate or application receipt (Sole Proprietorship or Partnership)

  • Partnership Agreement and Partnership Certificate (Partnership)

  • Articles of Incorporation

  • Certificate of Incorporation and Corporate Resolutions (Corporation)

  • For other business structures, estate or bankruptcy accounts, or Public Fund Entities, further information may be required

 

With these documents, call us at 1-866-695-2511 or visit any FirstBank branch.

 

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FREQUENTLY ASKED QUESTIONS

The IRA and CD accounts both allow you to save money for your future. The IRA gives you a tax benefit. The CD account is a deposit account with a defined term. 

The minimum to open a Certificate of Deposit is $2,500.  

A Certificate of Deposit is a smart way to save.  It gives you the advantage of fixed rates for a term ranging from thirty days to three years, and can be used as collateral for a commercial loan.

See FAQs

LEGAL USVI

Member FDIC for USVI and Puerto Rico only. Subject to the terms and conditions of FirstBank Puerto Rico. FirstBank Virgin Islands is a division of FirstBank Puerto Rico. 1FirstBank reserves the right to negotiate minimum opening deposit amounts and the terms at account opening. Early withdrawals before maturity from a CD must be approved by the Bank, and are subject to the following penalties: for withdrawals on original tenors up to 365 days the penalty is forfeiture of 90 days of interest or all accrued interest, whichever is less; and for withdrawals on original tenors after one year the penalty is forfeiture of 180 days of interest or all accrued interest, whichever is less.



LEGAL BVI

Subject to the terms and conditions of FirstBank Puerto Rico. FirstBank British Virgin Islands is a division of FirstBank Puerto Rico. 1FirstBank reserves the right to negotiate minimum opening deposit amounts and the terms at account opening. Early withdrawals before maturity from a CD must be approved by the Bank, and are subject to the following penalties: for withdrawals on original tenors up to 365 days the penalty is forfeiture of 90 days of interest or all accrued interest, whichever is less; and for withdrawals on original tenors after one year the penalty is forfeiture of 180 days of interest or all accrued interest, whichever is less.

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