Male business owner looking at his business cd account on his computer

Business CD Accounts

In an uncertain market, choose a stable way to invest your business savings.

Watch Your Money Grow

A certificate of deposit (CD) is a great savings tool for your long-term financial goals.

When interest rates fluctuate, you can be confident that you have a guaranteed rate of return on your money.

Features and Benefits

Fixed, High-Yield Rate

Lock in your return regardless of market conditions.

FDIC Insured2

Your money is safe up to the allowable limit.

Online Account Opening

Easily manage your account and add authorized signers.

Manage Renewal Preferences Online

We make it easy for you to keep track of maturity dates and renewals.

Automatic Monthly Interest Payment

Watch your money grow with monthly interest disbursements.

Add Business Signers

Our Customer Success team can help.

Female business owner reviewing her business cd account on her tablet

Business CD FAQ

Yes, you may add up to four additional authorized signers for the Business CD (for a total of five authorized signers). Authorized signers must be a U.S. citizen or Permanent Resident and listed on the Entity Authorization provided at account opening.

To open a Business Certificate of Deposit, we will ask for the personal information of the authorized signers, business information, and bank account information. We will verify the information provided electronically.

Once this information is confirmed, you will enter an amount which will be transferred from the verified bank account into your new Business CD. You may add additional authorized signers after funding the account.

Currently, the minimum is $2,500 and the maximum is $250,000 per account.

Account Fees:

  • Online Banking Fee: No Charge
  • Monthly Interest Disbursements Fee: No Charge

Early Withdrawal Penalties:

  • Early Principal Withdrawal of a CD with a term less than 24 months: 90 Days of Simple Interest
  • Early Principal Withdrawal of a CD with a term 24 months or greater: 180 Days of Simple Interest
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