Improve your earnings without risking any of your company's cash assets. Simply choose the term and earn a guaranteed rate.

Details
  • Set aside for future savings goals
  • Competitive, fixed rate for length of term
  • Greater earnings than standard savings
  • Receive higher rates by selecting a longer term*
  • Provides more guarantee than other risky investments
  • A wide range of terms available (from 6 months to 5 years)
  • Penalty for early withdrawal**
  • $500 minimum deposit to open

*Interest compounding:

  • CD terms under 12 months: interest is compounded daily and credited at maturity.
  • CD terms 12 months and over: interest compounded daily and is credited quarterly

**Early withdrawal penalty:

  • Terms 12 months and under: the penalty is 3 months interest
  • All terms over 12 months: the penalty is 6 months interest