Business Certificates of Deposit (CDs)
Improve your earnings without risking any of your company’s cash assets. Simply pick the term and your funds earn a guaranteed fixed rate. And guaranteed is always a good thing for your bottom line.
We offer a range of term lengths to fit your short- and mid-range goals. By laddering maturity dates, you can add liquidity to your CD investments. Talk to your business banker today.
Summary
- Fixed rates, higher than regular savings
- Receive higher rates by selecting a longer term
- Provides more guarantee than other risky investments
- A wide range of terms available (from 6 months to 5 years)
- No setup or maintenance fees
- Penalty for early withdrawal of principal
- Interest earnings can be withdrawn without penalty
- Interest compounds monthly or available as automatic payment*
- $500 minimum deposit to open
*You can elect to have interest paid monthly. A $5,000 minimum balance is required to receive a monthly ACH transfer of the interest.