Checking & Savings

Business Time Deposit Accounts / CDs

Our Time Deposit accounts are high-yielding FDIC-insured investments with many flexible terms to suit your financial needs.

Time Deposit Account Comparison

Account Type	Time Deposit	Triple Option Time Deposit
Bank the way you want to...	A savings vehicle that features fixed rates and terms.	A flexible TDA that allows a rate bump, additional deposits, and a one-time withdrawal without penalty.
Minimum opening deposit	$1,000	$10,000
Interest calculation	• Simple interest • Interest credited at maturity (18-month terms credited annually). • Rate fixed for term of account	• Simple interest • Interest credited at maturity
Term	30 days to 60 months	12 months
Outstanding features	• Earn a higher interest rate • Earn competitive rates on funds you don't need right away	• Multiple deposits • A one-time withdrawal without penalty • One-time rate bump