Business Investments

Certificates of Deposit (CD)

A CD is an insured investment product with higher yields than a savings account. CD Terms can range from 7 days to 6 years. Rates are determined by term. They are best suited for businesses that want to invest funds in a safe and insured account while still getting a guaranteed return on that investment.

Interest can be compounded or withdrawn. A $1,000 minimum balance required for all terms.

Click here for current rate information.

Early withdrawal penalties apply. Penalty varies according to term of CD:

• less than 6 months = all interest earned
• 6 months up to 18 months = one month’s interest
• 18 months and longer = three months of interest

Contact one of our Customer Service Representatives for more information about applicable fees and terms.

Click here for current rate information.