Certificates of Deposit Certificates of Deposit Are available with terms from 90 days to 5 years. The annual percentage rate that is in effect on the account opening date is guaranteed for the term of the certificate. Interest is compounded monthly. Retail certificates automatically renew at maturity. There is a 10 day grace period which allows for changes to be made in the term or balance of the account.
Federal regulations require penalties for withdrawals of principal prior to maturity.
Business Merchant Accounts First Washington State Bank offers merchant processing from paper or electronic draft. No extra monthly processing or transaction fees. Commercial Loans First Washington State Bank provides commercial loans for business needs. Our Commercial Loans can be structured to meet the needs of your business whether you need equipment financing, a line of credit, a letter of credit, mortgage financing or term financing. We have the know-how, the dedication and the products to help you grow your business.