Business Certificates of Deposit

Our Business Certificates of Deposit (CDs) generally earn a higher annual percentage yield than regular savings accounts. This makes CDs a great savings vehicle for funds you don’t need immediate access to. Offering compounded interest that is credited monthly, a CD is a great way to start your business investment portfolio. CDs also allow you to reinvest or withdraw (in the form of check) the interest you are earning each month.

Increase your businesses’ savings potential: certificates are a secure, safe, and federally insured investment choice to increase your savings potential beyond your savings account. Our low minimum balance and flexible terms make it easy for you to add a certificate to your business’s investment portfolio.

Grow your savings faster with our NEW 21-Month CD Special. This limited-time offer is available through August 8, 2018. Learn more.


FEATURES

LOW MINIMUM DEPOSIT

HIGHER APY vs. SAVINGS

FIXED RATES FOR TERM



21-MONTH CD SPECIAL RATES

Grow your savings faster with our NEW 21-Month CD Special. This limited-time offer is available through August 8, 2018. Don’t miss out! Learn more.

Account Type Minimum Daily Balance to Earn APY Minimum Balance to Open Account APY
21-Month CD (New Money) $500 $500 2.50%

Annual Percentage Yield (APY) listed for certificate accounts also apply to any certificate accounts regardless of type (i.e., fiduciary, rep payee, trust, POA, etc.). APY effective as of 5/16/2018 and subject to change without notice. Limited-time offer until 8/8/2018. Offer requires new money not currently on deposit at VSECU. Fees could reduce earnings. Early withdrawal penalties may apply.


IS ALL OF YOUR MONEY ALREADY WITH VSECU?

Though new money is important to the health of the credit union, we value the loyalty of our members. To demonstrate our appreciation, we are offering a 21-Month CD Special for existing money, which offers a 1.40% APY. As with the new money special offer, this is a limited-time offer that ends on August 8, so act now!

Account Type Minimum Daily Balance to Earn APY Minimum Balance to Open Account APY
21-Month CD (Existing Money) $500 $500 1.40%

Annual Percentage Yield (APY) listed for certificate accounts also apply to any certificate accounts regardless of type (i.e., fiduciary, rep payee, trust, POA, etc.). APY effective as of 5/11/2018 and subject to change without notice. Limited-time offer until 8/8/2018. Fees could reduce earnings. Early withdrawal penalties may apply.




CERTIFICATE OF DEPOSIT RATES

Type APY Minimum Daily Balance to Open Account and Earn APY
3 Month 0.40% $1,000
6 Month 0.50% $1,000
1 Year 0.85% $1,000
2 Year 0.95% $1,000
3 Year 1.05% $1,000
4 Year 1.15% $1,000
5 Year 1.25% $1,000

Annual Percentage Yields (APYs) effective as of 5/11/2018 and subject to change without notice. Fees could reduce earnings. Early withdrawal penalties may apply.




You can apply for all of our business deposit products by completing and mailing in the forms below or in person at any branch location.

Business Member Service Agreement Part 1
Business Member Service Agreement Part 1 – Page 2

If you would like to learn more about our VBiz team and our business products/services, or would like assistance beginning the application process, please visit the About VBiz page for more information.

See how simple your business’s finances can be. Contact us today about opening a VBiz business savings account. If you would like to know more about VBiz products and services or would like to begin the application process please contact the VBiz team by clicking here.