business Banking solutions

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  • Withdrawals before maturity may be subject to penalty (1-3 months interest on the amount withdrawn)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