Traditional CDs
Traditional CDs are a great way to invest, generally with higher interest rates than other savings options! Available in a variety of terms, you'll get higher yields and the security of FDIC insurance.
Open a First Merchants 12 Month CD Account
Features:
Interest:
- Rates are fixed throughout the term. Ask us for current rates.
- Interest is accrued daily and credited quarterly or at maturity, whichever comes first.
- Early withdrawal penalty may apply.
Minimum Opening Deposit:
- $1,000 (terms of 12 months or more)
- OR $2,500 (terms less than 12 months)
Start Saving Today!
Additional CD term options may be available. Talk to one of our bankers today, and let us help you meet your savings goals!
Other service fees may apply. Please see our Banking Fees.
Check Rates and Open an Account Now.
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