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

0.05%

60 Days

Min. To Open and Obtain APY

$1,000

APY¹

0.05%

90 Days

Min. To Open and Obtain APY

$1,000

APY¹

0.10%

182 Days

Min. To Open and Obtain APY

$1,000

APY¹

0.15%

1 Year

Min. To Open and Obtain APY

$1,000

APY¹

0.20%

18 Months

Min. To Open and Obtain APY

$1,000

APY¹

0.25%

2 Years

Min. To Open and Obtain APY

$1,000

APY¹

0.35%

30 Months

Min. To Open and Obtain APY

$1,000

APY¹

0.40%

3 Years

Min. To Open and Obtain APY

$1,000

APY¹

0.45%

4 Years

Min. To Open and Obtain APY

$1,000

APY¹

0.50%

5 Years

Min. To Open and Obtain APY

$1,000

APY¹

0.55%

¹ Annual Percentage Yields (APY) are accurate as of April 14, 2021 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	0.05%
60 Days	$1,000	0.05%
90 Days	$1,000	0.10%
182 Days	$1,000	0.15%
1 Year	$1,000	0.20%
18 Months	$1,000	0.25%
2 Years	$1,000	0.35%
30 Months	$1,000	0.40%
3 Years	$1,000	0.45%
4 Years	$1,000	0.50%
5 Years	$1,000	0.55%
5 Years		0.55%

For Balances $100,000 and greater

30 Days

Min. To Open and Obtain APY

$100,000

APY¹

0.15%

60 Days

Min. To Open and Obtain APY

$100,000

APY¹

0.15%

90 Days

Min. To Open and Obtain APY

$100,000

APY¹

0.20%

182 Days

Min. To Open and Obtain APY

$100,000

APY¹

0.25%

1 Year

Min. To Open and Obtain APY

$100,000

APY¹

0.35%

2 Years

Min. To Open and Obtain APY

$100,000

APY¹

0.45%

Terms	Min. To Open and Obtain APY	APY¹
30 Days	$100,000	0.15%
60 Days	$100,000	0.15%
90 Days	$100,000	0.20%
182 Days	$100,000	0.25%
1 Year	$100,000	0.35%
2 Years	$100,000	0.45%

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