In business, there isn’t a lot that’s certain — so it’s nice to have earnings that are.
Key Features
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Fixed Rates
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Competitive Interest
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Business Services Available
Benefits
- Reach business financial goals with guaranteed returns
- Higher interest than regular savings
- Fixed interest rates during length of term
- Variable terms (from 3 months to 5 years)
- No setup or maintenance fees
- Early withdrawal penalties may apply*
- Great for short-term financial goals
- Interest paid at maturity for terms 12 months and less, quarterly for terms greater than 12 months
- Several options regarding interest:
- Have interest compounded
- Have interest transferred to another account
- Renews automatically upon maturity after 10-day grace period
- $5,000 minimum deposit to open
*Interest penalty for early withdrawal varies by CD.
