Wednesday, August 5, 2015

Our Interest Rates Are Second To None!

Looking for a chance to save your money - and earn a little extra cash at the same time? First Bank of the Lake is with a great solution for you: Certificates of Deposit. We're currently offering some great rates on our nine- and fifteen-month CDs that you won't find anywhere else!

What Is A Certificate Of Deposit?

A Certificate of Deposit (commonly referred to as a "CD") is a financial product fairly similar to a savings account, but with one distinct difference. With a savings account, you put money in and you take money out as needed. With a certificate of deposit, you put money in - but you don't take it out until after an agreed amount of time has passed.

Why Should You Get A CD?

If you have the funds to set aside a sum of money and know that you will be able to survive without touching it for a set amount of time, then getting a CD can be a great financial move. Investing in IRAs or other stocks can be lucrative, but the stock market is constantly fluctuating and those investments are unpredictable. When you get a CD, however, you can lock-in an interest rate that will remain constant throughout the duration of the term. This offers you peace of mind and confidence that your investments will grow.

Ultimately, investing in a CD is an easy, stable way to watch your money grow. If you have funds available to set aside, we encourage you to contact our Lake of the Ozarks bank to establish your CD.

Get Your CD At First Bank Of The Lake!

Our bank at the Lake of the Ozarks offers a variety of CD's to fit all of your unique financial needs. We have CDs with terms ranging anywhere from three months to forty-eight months. Currently, we're offering especially great rates on our nine- and fifteen-month CDs:
  • 9 Months - 1.00% APY*
  • 15 Months - 1.25% APY*
You won't find rates like these anywhere else at the Lake of the Ozarks. If you are ready to watch your investments grow, stop by and see us! We are conveniently located at the entrance to the Outlet Mall in Osage Beach. We look forward to seeing you!

* $5,000 minimum to open. Penalty for early withdrawal. Other terms and conditions may apply. Contact bank for more details.

First Bank of the Lake - Striving For Excellence
Member FDIC. Equal Housing Lender.

Located at the entrance to the Osage Beach Premium Outlets!
4558 Osage Beach Parkway, Suite 100
Osage Beach, MO 65065
(573) 348-2265

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