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The First National Bank of Lacon CD rates

By Aviel FahlFDIC insured · Cert 3688Assets $104M (Q2 2026)Newest reading Sep 16, 2026

The First National Bank of Lacon advertises 2.48% APY on its 60-month CD. That is 1.12 percentage points above the national 60-month CD average of 1.36% (FDIC, Aug 2026).

What The First National Bank of Lacon actually pays

Key facts

The First National Bank of Lacon at a glance

CDs
Top CD APY2.48% · 60 months · 60 Month CD
Minimum to open$500 · 60 months CD
The First National Bank of Lacon bank facts
FDIC certificate3688 · Lacon, IL
Websitewww.fnblacon.com
Branches1 branch in IL
Rates

The First National Bank of Lacon CD rates

Personal

2.48% APY
Highest CD · 60 months
$500 minimum
Observed on the bank's site, Sep 16, 2026

IRA

2.02% APY
Highest CD · 18 months
$100 minimum
Observed on the bank's site, Sep 16, 2026

Rates are . The national savings average is 0.38% (FDIC, Aug 2026). The top tracked savings rate on Banksparency is 5.50%. Across 59 savings accounts from 58 banks in the Banksparency core savings index, the median advertised rate is 3.52%, and one account in ten advertises 4.01% or more. See the highest savings rates.

The First National Bank of Lacon CD rates

TermAPYMinimumProduct
Personal CDs
2 months0.50%$2,50060 Day CD
3 months1.00%$2,50091 Day CD
6 months1.51%$2,500182 Day CD
12 months2.02%$2,5001 Year CD
18 months2.02%$50018 Month CD
30 months2.27%$50030 Month CD
48 months2.38%$50048 Month CD
60 months2.48%$50060 Month CD
IRA CDs
18 months2.02%$10018 Month Fixed IRA
18 months1.51%$10018 Month Variable IRA

What The First National Bank of Lacon pays on deposits

FDIC call report data

This section shows how the bank has priced the savings and money market deposits it already holds, over time. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.

Not available for Q2 2026: Savings and money market deposits changed too much in the quarter for a reliable rate, so no rate is computed.
Q2 2026 ·
1.19%
Q2 2026 ·
$93M
Total deposits
Q2 2026
16.4%
Q2 2026
$104M
Total assets
Q2 2026
  • The First National Bank of Lacon, savings and money market
  • All-bank median
Average annualized rate paid on savings and money market deposits, quarterly, Q2 2025 to Q2 2026. A suppressed quarter breaks the line; nothing is interpolated.
How to read these figures

What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.

The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.

What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.

What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.

What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.

Definitions: · · · ·

Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the 3,938 banks that reported a figure for the quarter ending June 30, 2026.

Fine print

So what is the catch?

CDs

ProductTermAPY
Personal CDs
60 Day CD2 months0.50%$2,500not statednot stated
91 Day CD3 months1.00%$2,500not statednot stated
182 Day CD6 months1.51%$2,500not statednot stated
1 Year CD12 months2.02%$2,500not statednot stated
18 Month CD18 months2.02%$500not statednot stated
30 Month CD30 months2.27%$500not statednot stated
48 Month CD48 months2.38%$500not statednot stated
60 Month CD60 months2.48%$500not statednot stated
IRA CDs
18 Month Fixed IRA18 months2.02%$100not statednot stated
18 Month Variable IRA18 months1.51%$100not statednot stated
Behavior

How The First National Bank of Lacon behaves over time

60 months CD
The same as 7 days ago.
Rate last changed
Aug 31, 2026(effective date)

$10,000 at the 2.48% APY The First National Bank of Lacon advertises on 60 Month CD grows to $10,248 in a year. Prices rose 3.4% in the year to August 2026 (). After a year of prices rising at that pace, it buys as much as $9,911 does today. See how the federal funds rate shapes savings rates.

The First National Bank of Lacon CD rates over time

Not enough rate history to show a chart. We have CD rates for this bank from one day only. The chart shows when we collect more data.
Identity

Who is The First National Bank of Lacon?

HeadquartersLacon, IL
Founded1864
Scale$104M assets · $93M deposits, $77M of it interest-bearing (Q2 2026, FDIC)
Deposit insuranceFDIC insured · Certificate 3688

Financial detail is in What The First National Bank of Lacon pays on deposits above.

FAQ

Common questions about The First National Bank of Lacon

Is The First National Bank of Lacon FDIC insured?

Yes. The First National Bank of Lacon is FDIC insured under certificate 3688, so deposits are covered up to $250,000 per depositor, per ownership category.

Does The First National Bank of Lacon have branches?

Yes. The First National Bank of Lacon operates 1 branch according to FDIC branch records, in addition to its website and mobile apps.

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Rate data is for informational purposes. Banksparency records rates as observed on each bank's website; a change may have occurred before the date it was observed. Verify current rates with the bank before you open an account. FDIC figures come from quarterly call reports, as reported; they may be amended. Banksparency applies identical methodology to affiliate and non-affiliate banks. How Banksparency tracks rates