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Business CDs

Home Business Business CDs

Certificate Options and Features

Every dollar counts when running a business, so if you can find a way to make your money work harder for you, why not take advantage of it? A Certificate of Deposit, or CD, is a great place to store your business’s excess funds to help them grow over time with better interest rates. The rate for a given CD fluctuates by term, the amount of time your deposited funds will earn interest.

All of our CDs are insured in full by the FDIC and DIF.

Check our CD Rates!


CD Rates

 

Term of less than 12 monthsTerm of 12 months or more

The ideal solution if…

You have a shorter amount of time to grow your funds.

You have a longer amount of time to grow your funds.

Required opening deposit

$2,500

$2,500

Interest type

Simple

Continuously compounded

Early withdrawal penalty

A penalty equaling the loss of 1/2 of the interest that would have been earned on the amount withdrawn for the remaining days until the maturity of the CD

How to open

Open Online!

Simple Interest vs. Compound Interest. Simple interest is calculated on the principal amount of the CD. Compound interest is calculated on the principal amount AND any accumulated interest from previous periods.

Online Business Services

Financial freedom isn't just about having enough money, but being in control. Online and mobile banking provides 24/7 access to your accounts and the tools to help you manage your money on your terms. Bank anytime.

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Mobile Banking

Manage your business accounts from anywhere using our mobile banking app to check your balance, pay bills, deposit checks and much more.

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