Business Certificates of Deposit
Time Certificate
of Deposit
of Deposit
For business that wants to earn a higher rate of return with a fixed rate
$1,000 minimum opening deposit
No additional deposits allowed before maturity
Transaction Charge
Early withdrawal penalty may be imposed for withdrawals before maturity
Early withdrawal penalty may be imposed for withdrawals before maturity
Flex Certificate
of Deposit
of Deposit
For business that wants 12-month term CD with flexible benefits
$10,000 minimum opening deposit
$10,000 minimum balance required
Transaction Charge
Additional deposits in minimum increments of $1,000 up to $240,000 and a maximum of three (3) withdrawals are allowed during the term without penalty(1)
Additional deposits in minimum increments of $1,000 up to $240,000 and a maximum of three (3) withdrawals are allowed during the term without penalty(1)