Business CD

More Money, More Interest

If you don’t need access to your funds right away and want the highest return on your money, consider a business certificate of deposit (CD). Terms range from 31 days to five (5) years.

An interest penalty may be imposed for early withdrawal.

Benefits of our Business CD

Minimum balance to open: $500
Terms: 31 days to 5 years
No annual fee
Interest earning*
Early withdrawal fees: 3-month or 6-month forfeiture of interest (based on CD term)

Important Information About Opening a Legal Entity Account

Effective May 11, 2018, new rules under the Bank Secrecy Act will aid the government in the fight against crimes to evade financial measures designed to combat terrorism and other national security threats.

Each time an account is opened for a covered Legal Entity, we are required to ask you for identifying information (names, address, date of birth, Social Security number as well as identification documents) for:

Each individual that has beneficial ownership (25% or more); and,
One individual that has significant managerial control, of the Legal Entity.

If you are opening an account on behalf of a Legal Entity, you will be required to provide the appropriate documentation and to certify that this information is true and accurate to the best of your knowledge.

We proudly support all efforts to protect and maintain the security of our customers and our country.

Business CD

More Money, More Interest

Benefits of our Business CD

Open a Business Savings Account

Business CD Calculator