Certificates of Deposit for businesses

Ideal to make your savings grow

Features

  • Account type Term savings account
  • Service charge None
  • Terms 32 days to 5 years
  • Interest Compounded daily, paid at maturity or monthly
  • Insured deposits Up to $250,000 per depositor

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Additional information

  • Minimum opening deposit
    • 32 to 179 days: $5,000
    • 180 to 364 days: $2,500
    • 1 to 5 years: $1,000
  • Interest
    Compounded daily and paid at maturity (32- to 364-day terms) or paid monthly to the certificate (1- to 5-year terms).
  • Withdrawals
    A penalty may be imposed for withdrawals before maturity.
  • Additional deposit
    No additional deposits allowed before maturity.
  • Renewal
    Upon purchasing a certificate, you may opt to renew at maturity or not.

Customer service