Certificates of Deposit

Business Certificate of Deposit (CDs) Details

Account Description

Ideal for business that have seasonal cash flows and can commit their funds to obtain a higher yield.

Features & Benefits

  • Your choice of terms, from 30 days to 5 years
  • Minimum investment of $1,000*
  • Higher balances may earn higher interest
  • Safe, secure, FDIC-insured** investment
  • Flexible interest payment options: monthly, quarterly, etc.

Business Jumbo CDs Features & Benefits

  • Your choice of terms, from 7 days to 12 months
  • Minimum investment of $100,000*
  • Interest earned is paid at maturity
  • Can be renewed automatically
  • Several options for interest distribution:
    • Added to the principal
    • Paid by check
    • Credited to your business checking or savings account

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* Penalty for early withdrawal.
** FDIC insured up to allowable limit.