Certificates of Deposit (CDs)

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 guarantee 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; provide added guarantee
  • Receive higher rates by selecting a longer term
  • Set aside for long-term savings goals
  • A wide range of terms available (from 14 days to 60 months)
  • No setup or maintenance fees
  • Early withdrawal subject to penalty*
  • FDIC insured
  • $500 minimum deposit to open

*The penalty for early withdrawals, differs based on your CD:

  • 14-31 Days = 7 Days Interest
  • 3 Months-11 Months = 3 Months Interest
  • 12 Months-35 Months = 6 Months Interest
  • 36 Months + = 12 Months Interest