Business Time Deposits

Is your business seeking a Certificate of Deposit (CD) to maximize your return on cash reserves? Our CDs offer competitive fixed interest rates with flexible terms.

  • Minimum opening deposit of $1,000
  • Automatically renewable at maturity with a ten-day grace period
  • Multiple interest payment avenues available
  • Interest payments are traditionally made at CD maturity or made at the annual anniversary date of the CD, if original maturity is 12 months or greater
  • Interest can also be paid out monthly, quarterly, semi-annually or yearly

Contact i-bank for options, current interest rates and annual percentage yields.

Terms: Early withdrawal penalties apply. Interest rate varies and depends on term. At maturity, interest may be compounded into principal balance or deposited into another account.

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