Business Certificate of Deposit (CD)

CDs are ideal if you want to earn the highest return while accomplishing different short and long-term business savings needs. The length and amount of the deposit determines the rate of interest earned, or annual percentage yield (APY) - the higher your balance or longer your term, the better your rate!

For Balances Less Than $100,000

30 Days

Min. To Open and Obtain APY

$2,500

APY¹

0.22%

60 Days

Min. To Open and Obtain APY

$1,000

APY¹

0.25%

90 Days

Min. To Open and Obtain APY

$1,000

APY¹

0.35%

182 Days

Min. To Open and Obtain APY

$1,000

APY¹

0.65%

1 Year

Min. To Open and Obtain APY

$1,000

APY¹

1.11%

18 Months

Min. To Open and Obtain APY

$1,000

APY¹

1.11%

2 Years

Min. To Open and Obtain APY

$1,000

APY¹

1.17%

30 Months

Min. To Open and Obtain APY

$1,000

APY¹

1.22%

3 Years

Min. To Open and Obtain APY

$1,000

APY¹

1.27%

4 Years

Min. To Open and Obtain APY

$1,000

APY¹

1.45%

5 Years

Min. To Open and Obtain APY

$1,000

APY¹

1.65%

¹ Annual Percentage Yields (APY) are accurate as of January 22, 2020 and are subject to change until account is opened. Early withdrawals will have a substantial penalty imposed. Fees may reduce earnings.

Terms	Min. To Open and Obtain APY	APY¹
30 Days	$2,500	0.22%
60 Days	$1,000	0.25%
90 Days	$1,000	0.35%
182 Days	$1,000	0.65%
1 Year	$1,000	1.11%
18 Months	$1,000	1.11%
2 Years	$1,000	1.17%
30 Months	$1,000	1.22%
3 Years	$1,000	1.27%
4 Years	$1,000	1.45%
5 Years	$1,000	1.65%

For Balances $100,000 and greater

30 Days

Min. To Open and Obtain APY

$100,000

APY¹

0.30%

60 Days

Min. To Open and Obtain APY

$100,000

APY¹

0.35%

90 Days

Min. To Open and Obtain APY

$100,000

APY¹

0.50%

182 Days

Min. To Open and Obtain APY

$100,000

APY¹

0.85%

1 Year

Min. To Open and Obtain APY

$100,000

APY¹

1.35%

2 Year

Min. To Open and Obtain APY

$100,000

APY¹

1.50%

Terms	Min. To Open and Obtain APY	APY¹
30 Days	$100,000	0.30%
60 Days	$100,000	0.35%
90 Days	$100,000	0.50%
182 Days	$100,000	0.85%
1 Year	$100,000	1.35%
2 Year	$100,000	1.50%

Federal regulations require substantial interest penalties for early withdrawals. Fees may reduce earnings.