Business Certificates of Deposit

Select a product below:

 

Independence Bank offers business owners the opportunity to maximize their working capital through investments in its Business Certificates of Deposits. Watch your funds grow, right along with your business, when you deposit surplus money into a business CD. With terms to meet the needs of any size business, we can help you find the right plan for your company.


Certificates of Deposit

Whether you’re seeking short-term returns or a long-term investment option, the Certificates of Deposit offered by Independence Bank offer higher earnings than a traditional savings account. Of course, the larger the deposit and the longer the term, the higher yield you’ll enjoy, all with a guaranteed return. With a competitive rate fixed for the term, we can customize your account so you can make the most of your money.

Please see our regional offices or call (888) 414-0500 for our current rates and CD account options.

Monthly Maintenance Fee: None

Minimum to Open: $1,000 to $100,000*

Grace Period: 10 Days (2 days for 7-89 day terms)
 


* APY = Annual Percentage Yield.  Rate for Certificate of Deposit is fixed for the term of the account and is based upon the opening deposit amount and term of the CD. A penalty may be imposed for early withdrawal. See Branch for additional information and details.

 


Liquid CD

For savers seeking the higher returns that Certificates of Deposit offer, but still need the flexibility to access funds and make deposits, the Liquid CD from Independence Bank provides all this, with a minimum term commitment.

This flexible CD allows you to make one withdrawal per month and unlimited deposits, providing you with an excellent interest  rate, while still giving you access to your funds when you need it.

Please see our regional offices or call (888) 414-0500 for our current rates and CD account options.

Monthly Maintenance Fee: None

Minimum to Open: $1,000 to $25,000*

Grace Period: 10 Days
 

 


* APY = Annual Percentage Yield.  Rate for Certificate of Deposit is fixed for the term of the account and is based upon the opening deposit amount and term of the CD.  If two or more withdrawals are made in one calendar month, a penalty may be assessed.  A penalty may be imposed for early withdrawal.  See Branch for additional information and details.