Certificates of Deposit (CDs)

Certificates of Deposit (CDs)
Summary

Open a Certificate of Deposit (CD) for your business and earn a competitive rate from Bay Commercial 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

See our current rates here

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