You may choose to have the interest compound monthly, transfer to your checking or savings account monthly or to receive an interest check each month. Also for our customer’s convenience all Certificates are set up for automatic renewal. Pre-Renewal notices will be mailed out at least three weeks prior to maturity and a maturity notice will be mailed to customers once the Certificate has renewed. First State Bank has a ten day grace period after the Certificate renews to allow customers time to make any additions or changes to the account.