Business Certificates of Deposit
Consider Certificates of Deposit to invest business funds you do not expect to need on short notice. They offer higher interest rates in return for a commitment to set aside your money for a specific length of time. Your principal and interest are FDIC insured up to applicable limits.
All of these products can be accessed with Online Banking, Mobile Banking, and Telephone Banking.
• $500 and $1,000 minimum balance for varied terms available
• Available terms of 7 days up to 72 months
• Interest rate guaranteed for the term of the certificate
• Interest may be compounded or deposited into a checking or savings account
No qualifications necessary