Certificates of Deposit (CDs)

Certificates of Deposit (CDs) allow your business to earn a guaranteed interest rate when you save for a fixed time period of time, anywhere from thirty days to three years. Higher balances and longer terms equals better rates, so a CD is a great choice if you don’t need access to your money right away.

Account Features:

  • FDIC-insured to maximum amount by law
  • No monthly maintenance fee

Opening Balance $100,000+
Term Interest Rate* APY*
30 Days 0.82% 0.82%
60 Days 0.835% 0.835%
6 Months 0.85% 0.85%
6 Months 0.90% 0.90%
12 Months 1.010% 1.010%
24 Months 1.15% 1.15%
36 Months 1.30% 1.30%
*Annual Percentage Yields (APY) are effective as of 03/01/2017 and are subject to change without notice.  Interest is calculated on collected funds only.  Penalties assessed for early withdrawal. Fees may reduce earnings

Account Details

Minimum Opening Deposit $100,000
Term 30 days to 3 years
Interest Rate* Fixed rate based on the term of the certificate
Interest will be simple and not compound
Accrued interest will be paid: Monthly
Withdrawals Penalties may apply to withdrawals made prior to maturity

For inquiries regarding Certificates of Deposit (CDs) , please click here or call 801.947.6000.