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Business Certificate of Deposit (CD) Account


If you have excess capital that you won’t need to utilize in the near term, it makes sense to invest it safely until you need it.

A certificate of deposit, or CD, is a type of savings account with a fixed interest rate that is higher than a regular savings account. To earn this higher rate means locking the funds in the account for a fixed term length. The money is not available to you without a penalty until the withdrawal date, also known as the maturity date.

With terms as short as three months, it is easy to earn more on your excess business funds while keeping them available for future needs. (InTouch CDs don’t have monthly fees, but you may be assessed a fee if you withdraw the money before the maturity date.)

Like regular savings accounts, certificates of deposit are federally insured. You don’t have to deposit large amounts of money into a CD account. You can open a CD account with as little as $1,000 and can open multiple CDs at different terms to “ladder” the availability of your funds.

View Business CD Rates Open a Business Certificate of Deposit

Three Ways to Save

InTouch Credit Union offers three different kinds of savings account for our business members to help you maximize your earnings. Our regular Business Savings Account offers the most flexibility, while our tiered-rate Business Money Fund account provides higher rates for higher balances. If you have funds you can commit for more time, then you might prefer a higher rate option like a Business Certificate of Deposit (CD). We also offer options for nonprofit 501(c)(3) organizations

FeatureRegular Business SavingsBusiness Money Fund AccountBusiness Certificate of Deposit
Minimum Required to Open Account $25.00$100.00$1000.00
Monthly Service Fee NoneYes2None
Tiered Rate AccountSingle Rate Yes Single Rate based on certificate term
Minimum Daily Balance to Earn Annual Percentage Yield$25 – Single RateTiered1$1000.00
Premium Dividend NoYes (based on Tier)No
Dividend Frequency/Period MonthlyMonthlyMonthly
Free eStatementsYesYesYes

1 $0 – $4,999.99 Tier 1, $5,000 – $24,999 Tier 2, $25,000 to $99,999.99 Tier 3, $100,000 to $349,999.99 Tier 4, $350,000 to $699,999.99 Tier 5, $700,000 to $999,999.99 Tier 6, $1,000,000 & greater Tier 7

2$5.00 if monthly balance is below $2,500.00

View Business CD Rates Open a Business Certificate of Deposit

Why InTouch Credit Union?

We Are Here To Help

Our brand promise says we strive to “enhance members' lives by delivering secure and reliable access to money management systems, financial education tools, and products and services designed to produce financial stability and choices." We are dedicated to working for you and your financial well-being.

Exceptional Convenience

You can keep on the move and have access to InTouch no matter where you go, with our nationwide availability! We provide you with access to more than 5,000 shared branches and 30,000 surcharge-free ATMs nationwide, and our Online and Mobile Banking gives you control of your accounts 24 hours a day, seven days a week.

Questions?