Our Time CDs are a good choice for companies looking to earn a competitive fixed rate on funds they can set aside for the immediate future.
These CDs are available for terms of less than one year, so they offer a great opportunity for short-term earnings.
Features & Benefits
- Competitive interest rates*
- $500 minimum opening deposit
- Combined statement available with your other checking or savings accounts
Time Deposit Rates (as of 3/3/2010)
Minimum Balance Required to Open and Obtain Annual Percentage Yield: $500
| Term (Simple Interest) |
Interest Rate |
Annual Percentage Yield |
| 30 Days |
0.60% |
0.60% |
| 60 Days |
0.60% |
0.60% |
| 90 Days |
0.95%
|
0.95%
|
| 120 Days |
0.95%
|
0.95%
|
| 180 Days |
1.20%
|
1.20%
|
| 270 Days |
1.35%
|
1.35%
|
| 360 Days |
1.48%
|
1.48%
|
A penalty will be imposed for early withdrawal.
Interest rates and Annual Percentage Yield are subject to change.
*Interest is accrued daily, compounded on a simple basis, and credited at maturity.
If your company is interested in longer-term investment options for excess funds, our Silver CDs are exactly what you’re looking for.
With a range of terms from one to eight years and tiered interest rates, you can easily find the option that meets your exact investment needs.
Features & Benefits
- Competitive tiered interest rates*
- $500 minimum opening deposit
- Combined statement available with your other checking or savings accounts
Silver Certificate Time Deposit Rates (as of 3/3/2010)
Minimum Balance Required to Open and Obtain Annual Percentage Yield:
| Term (Compounded Daily) |
$500 |
$25,000 |
$50,000 |
| Interest Rate |
Annual Percentage Yield |
Interest Rate |
Annual Percentage Yield |
Interest Rate |
Annual Percentage Yield |
| 1 Year |
1.47%
|
1.48%
|
1.47%
|
1.48%
|
1.47%
|
1.48%
|
| 2 Year |
1.88%
|
1.90%
|
1.88%
|
1.90%
|
1.88%
|
1.90%
|
| 3 Year |
2.23%
|
2.25%
|
2.23%
|
2.25%
|
2.23%
|
2.25%
|
| 4 Year |
2.42%
|
2.45%
|
2.42%
|
2.45%
|
2.42%
|
2.45%
|
| 5-8 Year |
2.71%
|
2.75%
|
2.71%
|
2.75%
|
2.71%
|
2.75%
|
A penalty will be imposed for early withdrawal.
Interest rates and Annual Percentage Yield are subject to change.
*Interest is accrued daily, compounded daily and credited quarterly.
Our Rate Option CD offers your business the security of a fixed rate and term with the added peace of mind of some optional flexibility.
With this CD, if rates go up, you can take a one-time increase during the term. That way, you can lock in your investment without worrying about missing out on a higher rate just around the corner.
Features & Benefits
- Competitive tiered interest rates*
- One-time rate increase option
- $500 minimum opening deposit
- Combined statement available with your other checking or savings accounts
Rate Option Time Deposit Rates (as of 3/3/2010)
Minimum Balance Required to Open and Obtain Annual Percentage Yield:
| Term (Compounded Daily) |
$500 |
$25,000 |
$50,000 |
| Interest Rate |
Annual Percentage Yield |
Interest Rate |
Annual Percentage Yield |
Interest Rate |
Annual Percentage Yield |
| 1 Year |
1.47%
|
1.48%
|
1.47%
|
1.48%
|
1.47%
|
1.48%
|
| 2 Year |
1.88%
|
1.90%
|
1.88%
|
1.90%
|
1.88%
|
1.90%
|
A penalty will be imposed for early withdrawal.
Interest rates and Annual Percentage Yield are subject to change.
*Interest is accrued daily, compounded daily and credited quarterly.
For companies looking for a more flexible, short-term investment choice, our Add-To CD provides some unique features.
This CD asks little commitment, with a low minimum opening deposit and a one-year term. Then you’re free to make additional deposits as you see fit. It also offers interest at a variable rate, adding the potential for your business to earn more.
Features & Benefits
- Variable interest rate*
- Unlimited additional deposits**
- Automatic deposit***
- $100 minimum opening deposit
- Combined statement available with your other checking or savings accounts
Add-To Time Deposit Rate (as of 3/3/2010)
Minimum Balance Required to Open and Obtain Annual Percentage Yield: $100
| Term (Compounded Daily) |
Interest Rate |
Annual Percentage Yield |
| 1 Year |
0.17%
|
0.17%
|
A penalty will be imposed for early withdrawal.
Interest rates and Annual Percentage Yield are subject to change.
*Interest is accrued daily, compounded daily and credited quarterly. The interest rate and Annual Percentage Yield may change on the first day of each month. The interest rate is the same as the yield on the first 6 month Treasury Bill auction of the previous month.
**$100 minimum.
***$25 minimum.