This blog focuses on the top CD rates offered by many banks and in that series, we will discuss the First Niagara bank CD rates. First Niagara Bank certificate of deposit rates are competitive and guaranteed by the bank as well as insured by the FDIC for any term chosen. The term of CDs vary from 7 days to 10 years to give customers a wide range of flexibility. The minimum CD amount can be as low as $500. The interest earned could be withdrawn or kept in the account for future growth, according to the customer’s convenience. For an 18 month IRA (Individual Retirement Account) account any amount could be added at any time to reach the retirement goal.

First Niagara Bank CD rates scheme, eCD carries an interest rate of 1.15% APY for 30 months and the minimum amount required to open an account is $5000. Besides, they have many schemes that are beneficial for its customers.

There is a scheme called the Belief Baker Bundle that has many different categories. The first category is the Value bundle where overdraft up to $400 is available without the necessity to maintain any minimum balance. No interest is paid under this scheme. The

second is Preferred bundle where an average combined balance of $5000 is required, Interest is paid on a balance of $2500 and overdraft for up to $700 is given, according to eligibility of the customers.

The next one is Prestige Bundle where premium interest rates are paid and highest level of benefits and discounts are offered. To avail this, a combined average balance of $25000 is required and an overdraft of $700 is available according to eligibility.

All these schemes are available with no limitations on transactions, no requirement of minimum balance and free online banking and billing facility. These bank CD rates and features are quite competitive.