Certificates of Deposit (CDs) (Business)

Guarantee savings on your terms — including your choice of flexible terms that range for one month to 60 months. A certificate of deposit (CD) offers competitively high, fixed rates, with higher rates available on longer-term CDs.

Plus, unlike shaky stocks or high-risk investments, a CD is FDIC insured for your protection. So you can schedule secure savings to fit your timeline, whether later this quarter or a few years down the road.

Summary
  • Earn higher interest than traditional savings accounts
  • Fixed rates guaranteed for the length of your term
  • Higher rates available on longer-term CDs
  • Terms range from 1 month to 60 months
  • Early withdrawal penalties apply
  • No high-risk investments or markets to watch
  • FDIC insured for your protection
  • $1,000 minimum deposit to open