Certificates of Deposit (CDs)
Improve your earnings without risking any of your company’s cash assets. Simply pick the term and your funds earn a guaranteed fixed rate. And guaranteed is always a good thing for your bottom line. We offer a variety of terms to suit your business strategy — with higher rates for longer maturity dates. And by laddering maturity dates, you can add liquidity to your CD investments. Open your certificate today.
- Set aside for future savings goals
- Competitive, fixed rate for length of term
- Greater earnings than regular savings
- Receive higher rates by selecting a longer term
- Provides more guarantee than other risky investments
- A wide range of terms available (from 91 days to 36 months)
- Locked rate for length of term
- Earned interest may be deposited into the SSB account of choice
- No setup or maintenance fees
- Early withdrawals subject to penalty*
- $500 minimum deposit to open**
- Federally insured by FDIC up to $250,000
*Terms of 6 months or less — ½ maturity; terms longer than 6 months — the interest you could draw in 6 months.
**Minimum balance may vary according to maturity.