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Business Certificates of Deposit

Increase your savings potential.

Open an account

Safe, secure, and federally insured

Offering compounded interest that is credited monthly, a Business Certificate of Deposit (CD) is a great way to start your business investment portfolio.

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    Low Minimum Deposit

    CDs are a great savings vehicle for funds you don’t need immediate access to. You can open any Business CD with $1,000.

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    Higher APY

    CDs generally earn a higher annual percentage yield than regular savings accounts. Plus, you can reinvest or withdraw (in the form of check) the interest you are earning each month.

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    Fixed rates and flexible terms

    You can count on a fixed rate for the length of your term. Terms range from just three months to five years.

Current rates

Business Certificates of Deposit 1,3

Term

Minimum Balance

APY

APY = annual percentage yield, effective as of 08/15/2022 and reflects the current minimum APY offered.

Term

3-month

Minimum Balance

$1,000

APY

0.30%

Term

6-month

Minimum Balance

$1,000

APY

0.40%

Term

1-year

Minimum Balance

$1,000

APY

0.35%

Term

2-year

Minimum Balance

$1,000

APY

0.20%

Term

3-year

Minimum Balance

$1,000

APY

0.20%

Term

4-year

Minimum Balance

$1,000

APY

0.20%

Term

5-year

Minimum Balance

$1,000

APY

0.20%

Open a Business CD

Complete our fillable PDF form and mail it or drop it off at any branch location.

Complete application
Download form
Questions?
Contact us

Disclosures

1
– Fees may reduce earnings.
3
– Early withdrawal penalties may apply to certificates of deposit.