business Banking solutions
Business Certificates of Deposit
Certificates of Deposit (CDs) earn a fixed rate of interest until they mature.
- Minimum opening deposit $1,000
- No set-up or custodial fees
- No maintenance fees
- Convenient, automatic renewal at maturity
- Withdrawals before maturity may be subject to penalty (1-3 months interest on the amount withdrawn)
Your Certificate of Deposit also includes valuable safety and convenience features such as:
- FDIC Insured
- Benefit from a fixed interest rate for 31 days to 5 years.
- Earned interest can be reinvested in your certificate, deposited to another account or paid by check