FirstMerit
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Business Certificates of Deposit (CDs)
We make it easy for your business to invest in a FirstMerit Certificate of Deposit.
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
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
For Rate Information or to Open a Certificate of Deposit