Bank logo: First Southern Bank; Local people.  Local Decisions. Community Banking at Its Best!

Certificate of Deposits

First Southern Bank offers Certificate of Deposits with flexible terms from 3 months to 5 years all with competitive interest rates. A $1000 minimum deposit is required to open an account. Contact one of our experienced Personal Bankers today and begin saving safely and securely for tomorrow.

Liquid CD

You want your savings to grow at competitive CD rates – but you also want to be able to tap into your funds without having to pay traditional CD early withdrawal penalties. What you want is a Liquid CD from First Southern Bank.

  • Lock in a CD rate – guaranteed for a full 9 months
  • $5000 minimum to open*
  • $5000 minimum balance**
  • Have the option to withdraw 3 times a month***
  • The minimum amount you may deposit is $500
  • Enjoy peace of mind with FDIC insurance – contact one of Personal Bankers for details
  • Rollover your CD easily when it matures****

Contact one of our Personal Bankers for full details

*There is a $5000 minimum to open this account. The terms of a Liquid CD are identical to standard CDs, except:

**If the minimum balance of $5000 is not maintained, the Liquid CD account may be closed or transferred to another account type. You must maintain a minimum balance of $5000 in the account each day to obtain the APY. Annual Percentage Yield (APY) will not change during the term of CD account.

***Penalty Free withdrawals may be made 3 times a month; otherwise, the CD early withdrawal penalty will apply, refer to the "Early Withdrawal Penalty" section of your Certificate of Deposit Signature Card for details. All withdrawals must be made in person at a Branch.

****Your Liquid CD will automatically renew at maturity. Each renewal term will be the same, as the original term beginning on the maturity date, and all terms and conditions will be the same except that the interest rate in effect during the renewal term will be our published rate in effect at the time of renewal for the current Liquid CD, regardless of term. You may prevent renewal if you withdraw the funds in the account at maturity or we receive written notice from you within the applicable grace period. We can prevent renewal if we mail a notice to you to that effect at least 30 days before maturity. Liquid CD may not be opened as IRA accounts.