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.
- 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