CDs offer businesses a secure and profitable way to invest surplus funds.
Certificates of Deposit (CDs) are designed to provide a higher interest rate than regular savings accounts, making them an ideal choice for businesses looking to maximize their savings potential while ensuring the safety of their investment.
With various terms available, our Business CDs allow you to select the duration that best fits your business's financial planning needs. Whether you're looking for a short-term investment to prepare for an upcoming expense or a longer-term strategy to grow your reserves, our CDs offer the flexibility and security your business needs. You'll benefit from fixed interest rates, ensuring consistent growth of your funds, and the peace of mind that comes from investing with a trusted financial institution.
Amount to open
$500 or more
Terms
91-day to 60-month options with 14-day maturity notice
Monthly account fee1
No
Withdrawals
Subject to early withdrawal penalty
Business Banking
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Secure your business' future with a high-interest CD First Bank.
Contact us today to find out more about how our CDs can help you achieve your business financial goals in Illinois and Indiana.
business/cds
1The early withdrawal penalty is 90 days interest on certificates of one year or less and 180 days interest penalty on certificates with a maturity over one year. Fees may reduce earnings.