Save like an adult. So you won’t have to act like one.
When you take care of your money now with a First Merchants CD or IRA, you can afford to be carefree down the road.
Invest for the future.
Put your money to work with a Certificate of Deposit (CD) or Individual Retirement Account (IRA)! New rates bring new opportunities to save smarter and earn more.
Offer effective April 15, 2019, through June 28, 2019. Substantial penalty for early withdrawal. IRAs are for individuals only. Public funds are not eligible. See a banker for more information. Offer cannot be combined with any other interest rate bonuses. Interest is accrued daily and credited quarterly. Promotional accounts cannot be opened online. Limited time offer, subject to change.
*Annual Percentage Yield (APY) for 12-month CD or IRA is 2.50% with a $50,000 minimum balance and 2.40% with a $1,000 minimum balance. At maturity, certificate will automatically renew into a 12-month term at standard rates.
**Annual Percentage Yield (APY) for 18-month CD or IRA is 2.40% with a $50,000 minimum balance and 2.30% with a $1,000 minimum balance. At maturity, certificate will automatically renew into an 18-month term at standard rates.