A Commercial Certificate of Deposit (CD) allows you to earn a higher return for your money. A variety of terms allow you to select the option that makes the most sense for your financial goals.1
1There may be a penalty for early withdrawal.
Lock in a competitive interest rate for your company's savings with a commercial certificate of deposit. You can use it for short-term goals as fast as 30 days or longer-term savings of up to five years. Funds are kept in the account until the CD fully matures. Then you'll have access to the balance, including all accrued interest, to either withdraw or renew into another commercial CD. And with a minimum opening deposit of just $1,000, this is a perfect savings vehicle for businesses of any size.
*See published rates for full balance requirements and terms.
**Each depositor insured to at least $250,000.