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Business CDs: Features & Benefits
- Your choice of terms, from 30 days to 5 years
- Minimum investment of $1,000
- Higher balances may earn higher interest
- Safe, secure, FDIC-insured investment
- A choice of interest payment options: monthly, quarterly, etc.
- Penalty for early withdrawal
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Business Jumbo CDs: Features & Benefits
- Your choice of terms, from 7 days to 12 months
- Minimum investment of $100,000
- Interest earned is paid at maturity
- Several options for interest distribution, which can be:
- Added to the principal
- Paid by check
- Credited to your business checking or savings account
- CD can be renewed automatically
- Penalty for early withdrawal
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