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
- Higher returns than savings accounts
- Fixed rates for length of term
- Terms range from 7 days to 48 months
- No setup or maintenance fees
- Early withdrawal penalties apply
- $2,500 minimum deposit to open for terms under 12 months; $1,000 minimum deposit for terms over 12 months
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