Liquid CD

Liquid CD

Summary

This unique savings vehicle offers businesses with established savings the best attributes of both a savings account and a checking account. Earn premium interest rates like a CD, but maintain access to your money, including the ability to write checks.

A Liquid CD is an outstanding way to maximize returns without putting funds out of reach.

Details:

  • Tiered interest rates maximize returns
  • Higher rate for balances over $25,000
  • Check writing privileges to retain access to funds
  • 6 free withdrawals* per month; $10 each thereafter
  • Maintain $500 minimum daily balance to waive the $5 monthly fee
  • Online banking
  • eStatements
  • Monthly statements with check images
  • Telephone banking
  • $1,000 minimum opening deposit

*You may make six (6) transfers from your account each four (4) week or similar period, if by preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.