Business Certificate of Deposit

Certificates of Deposits are a great way to steadily grow your business’ value using the extra cash you have sitting around. Check out our rates and open an CD today.

Business CD Features
  • Benefits: Typically a higher interest rate than Money Market Savings, steadily earn interest for your business and more
  • Cost To Open: CDs are free to open and the minimum deposit varies depending on the rate chosen
business cd savings - business meeting

More Business Savings Options

Is a CD not the right option for your business? Check out our other options to find the right savings option for you.

Business Savings Options

 


Important Disclosures and Information

  • APY: Annual Percentage Yield
  • Tiered interest rates: Interest rates and Annual Percentage Yield (APY) may change in value at the bank's discretion. Fees may reduce earnings. Rates are subject to change.
  • Transaction limits: Transfers to another account, or to a third party via any means are limited to 6 per statement cycle. A $15 fee will apply to each debit/check transactions exceeding the limitations.
  • Sweep: A regular sweep of funds from an Extraco checking account to the Money Market Savings Account. It can also be set up to cover any outstanding non-sufficient funds in a checking account to avoid overdraft service fees.
  • CD Requirements: A minimum of $1,000 required to open a CD and earn the Annual Percentage Yield (APY).
  • Rates are accurate as of 06.21.23