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INVESTMENT RATES
OUR INVESTMENT APPROACH
CURRENT & PAST RATE HISTORY
*First Island’s rate of return is consistent across all account types.
Calculated on an annual basis and paid or reinvested quarterly.
QUARTER
INTEREST
EFFECTIVE
ANNUALIZED
INTEREST %
Q1
​
Q2
​
Q3
​
Q4
2024 AVERAGE RATE = 6.250%
January 31, 2024
​
April 30, 2024
​
July 31, 2024
​
October 31, 2024
6.250%
​
6.250%
​
6.250%
​
TBD
​
Q1
​
Q2
​
Q3
​
Q4
2023 AVERAGE RATE = 5.983%
January 31, 2023
​
April 30, 2023
​
July 31, 2023
​
October 31, 2023
5.550%
​
6.030%
​
6.150%
​
6.202%
Q1
​
Q2
​
Q3
​
Q4
2022 AVERAGE RATE = 5.094%
January 31, 2022
​
April 30, 2022
​
July 31, 2022
​
October 31, 2022
4.769%
​
4.922%
​
5.265%
​
5.419%
Q1
​
Q2
​
Q3
​
Q4
2021 AVERAGE RATE = 4.746%
January 31, 2021
​
April 30, 2021
​
July 31, 2021
​
October 31, 2021
4.742%
​
4.716%
​
4.767%
​
4.759%
Q1
​
Q2
​
Q3
​
Q4
2020 AVERAGE RATE = 4.933%
January 31, 2020
​
April 30, 2020
​
July 31, 2020
​
October 31, 2020
5.215%
​
5.044%
​
4.754%
​
4.720%
Q1
​
Q2
​
Q3
​
Q4
2019 AVERAGE RATE = 5.245%
January 31, 2019
​
April 30, 2019
​
July 31, 2019
​
October 31, 2019
5.224%
​
5.270%
​
5.230%
​
5.257%
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