Business CDs

Higher interest rates are good news for your savings. Maximize your deposit earnings with our current CD specials.

 

4.77% APY*
for 7 months

Earn 4.77% annual percentage yield (APY) on a 7-month certificate of deposit (CD). Minimum deposit of $5,000.

4.63% APY*
for 13 months

Earn 4.63% annual percentage yield (APY) on a 13-month certificate of deposit (CD). Minimum deposit of $10,000.

Certificates of Deposit (CDs) are a great option for businesses looking to plan ahead by earning a fixed interest rate for a set period of time. Or choose a variable rate to take advantage of future rate changes.

Flexible terms ranging from 46 days to 5 years give you the ability to choose a specific maturity date that works around your schedule.

 

CD Promos

Term Interest Rate APY* Minimum to Open Notes
7 months 4.66% 4.77% $5,000
13 months 4.53% 4.63% $10,000
30 months with a rate bump 3.44% 3.50% $25,000 Existing accounts only. You can request a one-time rate bump on your CD to the current 30-month rate at the time of the bump.

Interest Rates Effective: 05/24/2024

Revised: 05/23/2024

* APY is Annual Percentage Yield. Penalties may be imposed for early withdrawal.


Fixed CD Rates

Term Interest Rate APY* Method of Compounding Min to Open/Earn APY
3 Months 4.16% 4.25% Daily $100
6 Months 3.97% 4.05% Daily $100
1 Year 3.87% 3.95% Daily $100
2 Years 3.78% 3.85% Daily $100
3 Years 3.52% 3.58% Daily $100
4 Years 3.04% 3.09% Daily $100
5 Years 3.23% 3.28% Daily $100

Interest Rates Effective: 05/24/2024

Revised: 05/23/2024

* Annual Percentage Yield (APY) assumes principal and interest remain on deposit for term at the same interest rate. APY assumes funds remain on deposit for 1 year. Penalties may be imposed on early withdrawal.

 

 

Business Checking Accounts

Manage your business finances from anywhere with our dedicated business checking accounts which include online banking.

Business Savings Accounts

Interest-bearing savings accounts so you can grow your savings with your business.

Merchant Services

Receive customer payments with online payments and point-of-sale chip readers.

SBA Loans

Small business financing with flexible terms for starting, acquiring, or expanding your business.