What are the Benefits of a Certificate of Deposit?
A Certificate of Deposit (“CD”) is a time deposit account that pays a set rate of interest for the term of the certificate.
If you are looking for an investment with a fixed rate of return for your business, a CD may be the right choice.
- Higher Annual Percentage Yield (“APY”) than traditional savings and money market accounts
- Choose from a wide range of terms
- Automatic renewals available
- FDIC insurance covers funds up to $250,000
To learn more about our Business CD rates and terms, contact us today.
CD rates vary depending on a few factors, including the term and the amount of your account.