Business Premium Certificate
Business Banking > Deposit > Business Premium Certificate
Our premium fixed rate business CDs feature an excellent fixed rate with a wide range of term options.
A smart choice for goal-oriented savings growth, Salal’s Business Premium Certificate makes your money work as hard as you do. Optimize your earnings by locking in a competitive rate that won’t change with market conditions. With a range of term options, you can select the investment timeframe that makes the most sense for your business needs today—and down the line.
Up to
1.25
A great option if you want:
- Choose your level of commitment, with terms ranging from 3 to 48 months.
- $1,000 minimum deposit to open.
- No monthly service fee.
Available in these states.
Table Scrolls Right.
ACCOUNT | INTEREST RATE | APY |
---|---|---|
3 MONTHS | 1.24% | 1.25% |
6 MONTHS | 1.74% | 1.75% |
9 MONTHS | 1.98% | 2.00% |
12 MONTHS | 2.96% | 3.00% |
18 MONTHS | 2.72% | 2.75% |
24 MONTHS | 1.79% | 1.80% |
36 MONTHS | 1.49% | 1.50% |
48 MONTHS | 1.05% | 1.05% |
APY = Annual Percentage Yield. $1,000.00 minimum opening balance. Fees could reduce earnings on the account. Interest is calculated and compounded monthly.
At our discretion, we may allow you to withdraw all or part of your funds during the term; however, such withdrawals are subject to the following early withdrawal penalties: Less than 6 month term—an amount equal to 30 days interest; 6-12 month term the amount equal to 90 days interest; 12+ month term the amount equal to 180 days interest. If the CD has not yet earned enough interest or if the interest has already been paid, the penalty will be deducted from the principal.
Questions?
We’re here to help.
Let us know the best way to contact you and a Salal Business Banking Specialist will get back to you.