Business Certificates of Deposit (CDs)

Maximize your business savings by earning higher fixed returns with competitive rates. Get a better rate the more you save, with flexible terms that suit your business needs.

Put your money to work for your business

  • Dividends calculated and credited monthly

  • Low minimum deposit requirements

  • Flexible terms from three months to five years

  • Automatic renewals

More Ways to Save

Getting Started with a CD

1

Talk with a VyStar Business Specialist

Quickly and easily complete your application by phone or at any of our branches.

2

Open Your Business CD

Open your business CD and choose a term from three months to five years.

3

Renew Automatically to Keep Earning

When your business CD term is up, you can automatically renew at the current rate or withdraw your money.

Reach Your Savings Goals

Saving for for house, car or a vacation? What will it take to reach your financial goal? This calculator helps you find out. Enter in your savings plan and view your financial results.

Business CD FAQs

What if I need my money before the CD term is up?

You can withdraw your earned dividends at any time with no penalty. You can also withdraw part of the principal before the term is up, as long as the remaining principal balance still meets the minimum opening requirements. Penalties for principal withdrawals are calculated based on the term of the CD and the amount you withdraw. Talk to a VyStar business representative for details.

Are VyStar business CDs insured?

Yes. VyStar certificates of deposit are insured by the National Credit Union Share Insurance Fund (NCUSIF).

What happens when my business CD term is up?

VyStar will contact you 30 days before your CD term ends. If you want to reinvest in another CD, you don’t have to take any additional action — your CD will automatically renew at the same term for the current rate. If you want to withdraw your money or try another type of investment, then let us know before your CD term ends.

How is interest calculated on business CDs?

For business CDs, earned interest is calculated daily, compounded and credited monthly, and computed on every dollar to maximize your earnings.

Join VyStar

Related Tools & Resources

Business Money Market Accounts

Get a competitive rate that increases with a higher balance — and easy access to the money you need for your business.

Business Checking Accounts

Streamline your accounting, manage your cash flow more effectively and help your business succeed with a business checking account.

Business Credit Cards

Whether your business is large or small, we have no-fee credit cards with flexible terms to suit your needs.

All accounts are subject to approval.

You must have a business savings account in order to be a business member at VyStar.