Certificates of Deposit (CDs)
Open a Certificate of Deposit (CD) for your business and earn a competitive rate from United Business Bank. Certificates of Deposits earn higher fixed rates than savings accounts, so you can lock in a great rate today, whether you're saving for next month or looking a few years down the road.
We offer a variety of terms to suit your needs ranging from 30 days to 5 years. You can open a CD for as little as a $1,000 and then you may add up to $1,000 or more per month thereafter if you so choose. If you want secured savings, put your funds here.
Business Certificate of Deposit Basics:
- Earn higher rates than business savings accounts
- Guaranteed, fixed-rate returns for the length of your term
- Higher rates available on longer term CDs
- Terms available from 30 days up to 5 years
- One additional deposit of $1,000 or more allowed per month
- One withdrawal during each term for the interest paid
- Early withdrawal penalties apply
- $1,000 minimum deposit to open
- Various interest payment options available