A safe investment for your extra cash.
As a business, your cash balance may naturally fluctuate throughout the year, and you may have periods of time with extra cash in your account. During those times, Certificate of Deposits (CDs) are a safe way to earn interest for a fixed period of time. Choose a term for how long it will be invested and earn a competitive, fixed rate of interest during that time.
Certificate of Deposit (CD)
A certificate is a “time deposit”, meaning you have agreed to deposit a sum of money for a specified time period, during which you are not permitted to make withdrawals without the deposit being subject to an early withdrawal penalty.
Terms for CDs range from 90 days to 60 months. Contact your local branch for current interest rates*.
The minimum balance required to open a certificate is $1,000. Promotional rates may be subject to a higher minimum balance.
*Fixed rate and term. Rates are determined by bank and subject to change daily.
CD Rates and Specials
Contact your local branch to inquire about current interest rates and any promotional rates available. Promotional rates may be subject to a higher minimum balance.
*Fixed rate and term. Rates are determined by bank and subject to change daily.