With flexible terms, amazing rates and minimal risk, a Business Certificate of Deposit from FAIRWINDS can help you plan and prepare for big purchases or acquisitions and boost your business’ equity.
Saving for your business is simple with flexible investment terms and competitive rates.
The Features
- Save on your own terms. Choose terms ranging from three months to five years and grow your savings on a timeline that fits your business’ schedule.
- Keep your savings safe. All deposits are federally insured by the NCUA.
- Start saving early. Low minimum opening deposits.
- Have peace of mind. Guaranteed interest rates that increase with your account opening balance.
The Details
Minimum to Open
- $1,000 for Standard CDs
Monthly Service Charge — None
Withdrawal limitations—Closing your CD or withdrawing funds early will result in a loss of earnings and/or penalties. See our fee schedule for additional details.
Business Certificate of Deposit as of 05/27/23
| Savings Interest Rates | Annual Percentage Yield (APY) |
|---|---|
| 3-month Business CD | 0.10% |
| 6-month Business CD | 0.15% |
| 12-month Business CD | 0.20% |
| 24-month Business CD | 0.30% |
| 36-month Business CD | 0.40% |
| 48-month Business CD | 0.50% |
| 60-month Business CD | 0.60% |
Business Certificate of Deposit Specials as of 05/27/23
| Savings Interest Rates | Annual Percentage Yield (APY) |
|---|---|
| 7-month Business CD Special | 4.00% |
APY: Annual Percentage Yield
Early withdrawal is subject to penalty.