BUSINESS CERTIFICATES OF DEPOSIT (CDS)
Steady Growth for Your Business Funds
Smart saving starts with a plan. A Business Certificate of Deposit (CD) delivers guaranteed returns and offers flexible terms, so you can align your investment with your business goals.
Whether you’re preparing for a major purchase, funding an expansion, or putting idle reserves to work, a CD delivers the stability and performance to help you succeed. With competitive high-yield rates locked in for the entire term, your money grows securely while earning maximum returns on every dollar.
Choose a Business CD That Fits Your Goals :
7-Month Business CD
3.82% APY*
Fast-Track Your Business Savings
Ideal for setting aside funds you will need soon while earning a strong return. Great for tax reserves, upcoming purchases, or seasonal projects.
Minimum deposit: $5,000
12-Month Jumbo Business CD
3.34% APY*
Maximize Returns on Larger Balances
Designed for businesses ready to invest more capital for a guaranteed, higher yield over the year. Perfect for long-term reserves or planned expansion.
Minimum deposit: $100,000
Why Choose a Business CD?
Guaranteed Returns – Fixed interest rates for predictable growth
High-Yield Earnings – Competitive rates to maximize your returns
Flexible Terms – Choose from a few months to several years
Secure Growth – FDIC-insured up to applicable limits
Low Opening Requirement – Get started with as little as $100
Automatic Renewal – Keep your money growing without extra steps
Tailored Guidance – Work with a local business banker to match your goals
Options for Every Business Plan
From a few months to several years, our CD terms let you match your investment to your timeline. Whether you’re locking in a short-term promotional rate or securing steady growth for the long haul, we have options to fit your strategy and help your business thrive.
CD Promos
| Term | Interest Rate | APY* | Minimum to Open | Notes |
|---|---|---|---|---|
| 7 months | 3.75% | 3.82% | $5,000 | |
| 13 months | 3.92% | 4.00% | $10,000 |
Interest Rates Effective: 07/01/2025
Revised: 06/30/2025
* APY is Annual Percentage Yield. Penalties may be imposed for early withdrawal.
Jumbo CDs
| Term | Interest Rate $100,000 to $249,999.99 | APY* | Interest Rate $250,000+ | APY* | Method of Compounding | Minimum to Open |
|---|---|---|---|---|---|---|
| 6 Months | 3.05% | 3.10% | 3.05% | 3.10% | Daily | $100,000 |
| 12 Months | 3.29% | 3.34% | 3.29% | 3.34% | Daily | $100,000 |
| 18 Months | 2.81% | 2.85% | 2.81% | 2.85% | Daily | $100,000 |
Interest Rates Effective: 07/01/2025
Revised: 06/30/2025
Annual Percentage Yield assumes principal and interest remain on deposit for term at the same interest rate. Penalties may be imposed on early withdrawal. If your Jumbo CD balance falls below $100,000, the account will be closed and incur an early withdrawal penalty. Interest compounds daily.
*APY assumes funds remain on deposit for 1 year.
Fixed CD Rates
| Term | Interest Rate | APY* | Method of Compounding | Minimum to Open/Earn APY |
|---|---|---|---|---|
| 46 Days | 0.05% | 0.05% | Daily | $100 |
| 3 Months | 2.51% | 2.54% | Daily | $100 |
| 6 Months | 2.61% | 2.64% | Daily | $100 |
| 1 Year | 2.71% | 2.75% | Daily | $100 |
| 2 Years | 2.61% | 2.64% | Daily | $100 |
| 3 Years | 2.61% | 2.64% | Daily | $100 |
| 4 Years | 2.27% | 2.30% | Daily | $100 |
| 5 Years | 2.27% | 2.30% | Daily | $100 |
Interest Rates Effective: 07/01/2025
Revised: 06/30/2025
* Annual Percentage Yield (APY) assumes principal and interest remain on deposit for term at the same interest rate. Penalties may be imposed on early withdrawal.
Looking for smart, flexible ways to grow your business funds?
Our High-Yield Business Savings and Business Money Market Accounts help you earn more, while staying accessible.
- High-Yield Savings: Enjoy competitive rates without locking in your funds
- Money Market Accounts: Benefit from tiered rates, check-writing privileges, and unlimited in-person withdrawals on higher balances.
Both options give you the freedom to move money as needed while it continues to grow.
Want to learn more about First Fed business services?
Set up a free consultation with one of our local bankers.
Sunflower Business Savings
| Account Type | Interest Rate | APY* | Method of Compounding | Minimum Deposit to Open |
|---|---|---|---|---|
| Sunflower Business Savings | 3.18% | 3.23% | Daily | $50,000 |
Interest Rates Effective: 07/01/2025
Revised: 06/30/2025
1 The annual percentage yield (APY) is variable and may change at the bank’s discretion. New money is described as funds not previously held on deposit at First Fed within the last 30 days. Annual Percentage Yield assumes principal and interest remain on deposit for one year at the same interest rate. Fees could reduce earnings. Interest rates for the above accounts may change after the account is opened. No minimum balance to earn APY. Accounts closed within 90 days of opening will be assessed a $15 early closure fee.
2 Monthly maintenance fee of $5 if balance drops below $100 at any time. If the balance at the time the maintenance fee is assessed is less than $5, a charge will be assessed for the balance, less .01.
Early closure fee of $15 if account is closed within 90 days of opening.
Business Savings
| Balance | Interest Rate | APY* | Method of Compounding | Minimum Deposit to Earn APY |
|---|---|---|---|---|
| Any | 0.03% | 0.03% | Daily | $0 |
Interest Rates Effective: 07/01/2025
Revised: 06/30/2025