Business CDs: a safe way to earn more interest
A business certificate of deposit (CD) is a smart solution for companies that want to earn little extra interest or move savings to lower-risk investments. Get in touch with us to learn more about this safe, secure way to put your money to work while it’s waiting for use.
Certificates of Deposit
If you have extra money on hand that you won’t need for a while, but you don’t want to put it in a risky investment, a certificate of deposit (CD) may be perfect for you. CDs are very low risk, but you receive a higher interest rate than normal savings accounts because you’re agreeing to not touch the money you invest for a period of time. We offer certificates of deposit in 1-month, 6-month, 12-month, 36-month, and 48-month terms, but we can be flexible if you need a different term.
- $1,000 minimum deposit
- Earns interest
- Free online banking
- Interest compounded and credited monthly
- Penalties may be incurred if you withdraw money from your CD before it matures