Earn more with Business Certificates of Deposit (CDs).
Business CD Features
Customize your savings.
Business Certificates
A penalty may be imposed for early withdrawal. The amount of the penalty depends on the term of the account. For Accounts with a term to Maturity that is equal to or less than 6 months, the penalty imposed will equal 60 days' dividends. 12 months, will equal 90 days' dividends. Equal to or greater than 24 months, but less than 36 months, will equal 180 days’ dividends. Equal to or greater than 36 months, will equal 365 days’ dividends.
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Business CDs for Every Goal
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Near-future purchase.
Short-term Business CDs allow your money to grow but will still be available when you need it for an upcoming purchase.
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Building short-term wealth.
Attractive short-term Business CD rates may allow you to earn the extra money you need to make a larger investment in the future.
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Long-term savings.
Opening a Business CD with a longer term (up to 5 years) generally offers a higher guaranteed rate of return on your savings.
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Federally insured.
No matter what your savings goal may be for your business, feel confident that your savings is federally insured by the National Credit Union Administration.
Opening up a Business CD is easy!
Have a Question?
Frequently Asked Questions
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What is the minimum deposit requirement to open a certificate?
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The minimum balance required is $500.
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What is the penalty for early withdrawal from a certificate?
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A penalty may be imposed for early withdrawal. The amount of the penalty depends on the term of the account.
- For Accounts with a term to Maturity that is equal to or less than 6 months, the penalty imposed will equal 60 days' dividends.
- 12 months, will equal 90 days' dividends.
- Equal to or greater than 24 months, but less than 36 months, will equal 180 days’ dividends.
- Equal to or greater than 36 months, will equal 365 days’ dividends.
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How and where can I open a certificate?
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If you are interested in opening a certificate, please visit us at any of our branches and we will be happy to assist you!
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How can I make changes to my certificate?
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Contact us today online or in the branch to make any changes you need to your certificate.
Related Resources
Disclosure
1Business Checking Account required. A penalty may be imposed for early withdrawal. The amount of the penalty depends on the term of the account. For Accounts with a term to Maturity that is equal to or less than 6 months, the penalty imposed will equal 60 days' dividends. 12 months, will equal 90 days' dividends. Equal to or greater than 24 months, but less than 36 months, will equal 180 days’ dividends. Equal to or greater than 36 months, will equal 365 days’ dividends.
2APY = Annual Percentage Yield. APY is accurate as of June 1, 2023. The rate reflects the current 10 month certificate offer. The minimum opening deposit and the minimum balance to earn the stated APY is $500. The maximum balance to earn the stated APY is $50,000. The 10 month certificate will not auto-renew; the balance will be automatically transferred to the member's primary share account. A penalty equal to 90 days of interest may be imposed for withdrawals before maturity. Membership is required. This offer is subject to change without notice. Copper State Credit Union has the right to cancel or change this promotion at any time.