First Citizens CD Rates (November 2026) & Calculator

First Citizens pays up to 4.00% APY on a 5-month CD. Pick a term to see what your deposit earns, how it compares and what breaking it early would cost.

Rates checked Nov 5, 2026FDIC cert #11063

First Citizens CD rates (Nov 5, 2026)

Every CD term First Citizens lists on its website, with what $10,000 earns over the full term.

First Citizens CD rates by term and balance
Term	Product	Minimum	APY	$10,000 earns
3 months	CD	$500	2.50%	$61.92
5 months	5-Month CDSpecial	$5,000	4.00%	$164.76
6 months	CD	$500	2.25%	$111.87
11 months	11-Month CDSpecial	$5,000	3.75%	$343.22
1 year	CD	$500	2.00%	$200.00
18 months	CD	$500	0.02%	$3.00
2 years	CD	$500	0.05%	$10.00
3 years	CD	$500	0.05%	$15.01
4 years	CD	$500	0.15%	$60.14

Special is a promotional rate. Relationship needs a linked account at First Citizens. A dash means the same APY as the opening balance. The highlighted row is First Citizens's top rate.

Source: First Citizens CD rates. Rates change often; confirm before you open an account.

First Citizens vs the national average

The FDIC national average is what banks and credit unions pay on average, weighted by deposits (Oct 19, 2026). The last column is the best rate among the 51 other banks we track for the same term.

First Citizens CD rates compared with the FDIC national average
Term	First Citizens	National avg	Best other bank
3 months	2.50%	1.14%	Popular Direct 4.30%
5 months	4.00%	1.39% (6 mo)	United Bank 4.00%
6 months	2.25%	1.39%	Popular Direct 4.35%
11 months	3.75%	1.76% (12 mo)	Wells Fargo 4.25% (relationship)
1 year	2.00%	1.76%	Popular Direct 4.60%
18 months	0.02%	1.76% (12 mo)	Popular Direct 4.80%
2 years	0.05%	1.55%	E*TRADE 4.80%
3 years	0.05%	1.39%	Popular Direct 4.85%
4 years	0.15%	1.31%	Popular Direct 4.95%

First Citizens CD early withdrawal penalty

First Citizens early withdrawal penalty by term
Term	Penalty
7 to 90 days	all interest earned
91 days thru 1 year	3 months of interest
Over 1 year	6 months of interest

Example: $10,000 in a 1-year CD at 2.00%, withdrawn after 6 months, has earned $99.50. The penalty is $49.51, so you would get $10,050.00.

The penalty can reach your principal if it is more than the interest earned. Official disclosure (checked 2026-11-06).

Taxes on First Citizens CD interest

CD interest is taxable as ordinary income, federally and in most states. You owe tax in the year the interest is credited or accrues, even if it stays in the CD until maturity. First Citizens sends Form 1099-INT when you earn $10 or more in a year. For example, the $164.76 that $10,000 earns over 5 months at 4.00% would cost about $36 in federal tax in the 22% bracket.

If you pay an early withdrawal penalty, it appears in box 2 of your 1099-INT and you can deduct it from your income, even if you don't itemize. CDs held in an IRA follow IRA tax rules instead. See IRS Publication 550.

How We Calculate & Keep This Accurate

Maturity value is your deposit grown at the APY for the term: A = P × (1 + APY)^(months ÷ 12). The APY for each term is the highest balance tier your deposit qualifies for. Early withdrawal penalties are charged as simple interest on the deposit at the CD's interest rate (the APY converted to its daily rate), following First Citizens's published rule for that term.

Rates come from First Citizens's own rate page. We use the APY Ledger dataset (CC BY 4.0) to spot rate changes, and we checked a sample of rates and the penalty rules against First Citizens's website and disclosures. Results are estimates, not an offer from the bank.

Primary Sources

Data & Freshness

Figures reflect 2026 tax-year data.

Last updated November 5, 2026 · Maintained by the Financial Calculator editorial team.

First Citizens CD FAQs

Quick answers about First Citizens CD rates and penalties.

What are First Citizens's CD rates today?

As of Nov 5, 2026, First Citizens's highest CD rate is 4.00% APY on the 5 months 5-Month CD. The full list of terms and balance tiers is in the table above.

How much will $10,000 earn in a 5-month First Citizens CD?

At 4.00% APY, $10,000 grows to $10,164.76 after 5 months, earning $164.76 in interest. Change the deposit or term in the calculator to see other amounts.

What is First Citizens's CD early withdrawal penalty?

7 to 90 days: all interest earned. 91 days thru 1 year: 3 months of interest. Over 1 year: 6 months of interest. If the penalty is more than the interest earned, the rest comes out of your principal.

Are First Citizens CDs insured?

First-Citizens Bank & Trust Company is FDIC-insured (FDIC certificate #11063), so deposits are covered up to $250,000 per depositor, per bank, per ownership category.

How do First Citizens's rates compare with the national average?

The FDIC's national average for a 12-month CD was 1.76% as of Oct 19, 2026. First Citizens pays 2.00% for 12 months. Its best rate, 4.00% for 5 months, is 2.61 points above the national average for that term.

Compare CD rates at other banks

Best APY at each bank for a $10,000 deposit, checked Nov 5, 2026. First Citizens's best is 4.00%.

Green rates beat First Citizens's best rate. “rel.” means the rate needs a linked account. Need a bank that isn't listed? Use the CD calculator with any APY.