First Citizens National Bank > Personal Solutions > Savings / Certificate of Deposit

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Repurchase Agreement - Investments

Customers who have exceeded their FDIC Insurance limits can utilize Repurchase Agreements as an investment tool.

Features and Benefits

Flexible investment terms paying market rates
Investment is collateralized by bank owned government securities
Available to consumers and business customers

Terms

Investment terms range from 7 days to 5 years or longer
Minimum opening deposit $100,000.00
Early withdrawal penalty based on investment term and amount withdrawn
Secured by government securities. NOT FDIC INSURED
Does not renew automatically at maturity

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