Business Certificates of Deposit (CDs)
Improve your earnings without risking your company's cash assets. Simply pick the term and your funds earn a guaranteed fixed rate.
Details
- Fixed rates, higher than regular savings
- Receive higher rates by selecting a longer term
- Provides more guarantee than other risky investments
- Interest can be compounded monthly, direct deposited to your CNB checking or savings account, or mailed in a check
- A wide range of terms available (from 3 months to 5 years)
- No setup or maintenance fees
- Early withdrawals subject to penalty*
- Renews automatically upon maturity
- $1,000 minimum deposit to open
Jumbo Certificates of Deposit
Looking for a short-term savings strategy? Our Jumbo CDs offer competitive rates with terms ranging from 14 days to one year. The minimum deposit to open is $100,000. Interest penalties are required for early withdrawals.
*The penalty for early withdrawal is the greater of $25 or 6 months interest.