Business Certificate of Deposit (CD) Accounts

You have big, long-term plans for your business, and the possibilities are endless. We’re here to help build solutions for success so that you can reach your goals.
Autumn, Founder of Proxie leading workshop class in Detroit, Michigan

Save smarter for the future of your business.

Save smarter for the future of your business.

Make your savings work harder for you with a business certificate of deposit account. Deposit a set amount and earn a higher interest rate over a predetermined time frame. The higher interest rate can help your money grow faster, so that you can reach your business goals easier.
Business-CD-Account-2

Business Certificate of Deposit (CD) UP TO 4.15% APY1

Whether you’re trying to save for your short or long-term business goals, a business CD can help. Pick a term that works for your goal and choose how much you want to set aside for easy savings.
INTEREST
Up to 4.15% APY1
MINIMUM TO OPEN
$500.00
Start today

MORE DETAILS

Term: 3-72 months

No monthly service fee

Early closing penalty
90 days interest penalty for 3-23 month CDs
180 days interest penalty for 24-72 month CDs

Deposits allowed at maturity and during 10-day grace period

Automatic renewal

Tiered interest rate based on balance

Municipal/Government 12 Month CD UP TO 4.00% APY1

Save more for the goals of your government or municipality with a certificate of deposit (CD). With this limited-time account, you’ll set money aside for 12 months while it earns interest. Then you can use the funds from the CD toward creating a positive impact for your government or municipality. It’s an easy way to expand your positive impact.
INTEREST
Up to 4.00% APY1
MINIMUM TO OPEN
$500.00
Start today

MORE DETAILS
Term: 12 months

No monthly service fee

Early closing penalty
90 days interest penalty

Deposits allowed at maturity and during 10-day grace period

Automatic renewal

Business CD Plus 4.00% APY1

Grow your business savings with this limited-time account. Choose an amount over $500 that you’d like to set aside for 13 months. After this time, you can use the funds from your Business CD Plus to take the next step on your business journey.

INTEREST
4.00% APY1
MINIMUM TO OPEN
$500.00
START TODAY

MORE DETAILS

Term: 13 months

Converts to a 12-month regular Business CD upon maturity

No monthly service fee

Early closing penalty
90 days interest penalty for 13-month Business CD Plus

Automatic renewal

FINANCIAL WELLBEING LIBRARY

Learn more about how you can empower your business.

Your financial wellbeing means more than your balance sheet. It’s about how you’re feeling about your finances. And we’re here to help support you wherever you are on your journey.

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1 APY = Annual Percentage Yield. Rates as of October 1, 2024 and are subject to change. Penalty for early withdrawal.