Business Certificates of Deposit
Use a Business Certificate of Deposit to maximize the savings of your business at a competitive fixed rate compounded daily for a fixed period of time[cite::15::cite].
Account Details
Minimum Opening Deposit
$1,000
Monthly Maintenance Fee
There is no monthly fee with this account.
Withdrawals
Early withdrawal/closure penalties may beassessed when principal is withdrawn from a CD prior to the maturity date.
Account Features & Benefits
The following services are included every month:
- Open an account with a minimum deposit of $1,000
- Deposits are insured by the FDIC to at least $250,000
- Earn a competitive interest rate on money you don’t need to access right away
- Fixed interest rate, compounded daily[cite::89::cite]
- Choose a flexible savings term between 28 days and 5 years[cite::15::cite]
- Use Business Online Banking to manage finances on your time through a mobile phone, tablet, or computer[cite::71::cite]
- Call our U.S.-based customer service 7 days a week