Business Certificates of Deposit (CDs): Secure Business Investments
F&M, a Lawrence Bank’s Certificates of Deposit (CDs) for business are the ideal solution for companies looking to maximize earnings on idle funds without market risk. With competitive, fixed interest rates and flexible term lengths, our business CDs help you plan with confidence, ensuring your funds grow securely over time.
CDs for Business Accounts: Secure Growth at Fixed Rates
Our CDs for business accounts allow companies to lock in interest rates and ensure a stable return over the investment term. With terms ranging from 3 months to 5 years, you can tailor your strategy to meet both short- and long-term objectives.
- Terms from 91 days to 60 months
- Fixed interest rate locked in at account opening
- Interest compounded quarterly
- Automatic renewal with a 10-day grace period
- No maintenance or service fees
- $1,000 minimum deposit to open
- FDIC insured up to applicable limits
These accounts are perfect for business owners who prefer guaranteed returns and don’t need immediate access to their funds.
Current Rate Tiers
At F&M, we offer term agreements ranging from 3 months to 60 months.
Contact your local F&M branch for the most up-to-date terms.
Benefits of Business CDs
- Predictable Growth: Enjoy a fixed interest rate that won’t change during your CD’s term, shielding your business from market volatility.
- Flexible Terms: Choose from a wide range of term lengths to align with your company’s financial plans.
- Quarterly Compounding: Watch your savings grow faster with interest compounded every quarter and the option to reinvest earnings.
- Laddering Options: Strategically open multiple CDs with staggered maturity dates to maintain access to funds while earning maximum returns.
- Zero Monthly Fees: All F&M Bank CDs are free from ongoing maintenance or service charges.
If you’re looking for structured returns with minimal effort, these may be the best business CDs to complement your financial portfolio.
Who Should Use Business CDs?
F&M’s business CDs are best suited for:
- Companies with stable cash flow and excess liquidity
- Organizations preparing for future capital expenditures
- Businesses seeking low-risk investment options
- Owners wanting reliable alternatives to traditional savings
Whether you're a startup with reserve capital or a seasoned business planning for expansion, our CDs for business accounts provide a strong foundation for your financial strategy.
Additional Business Services
Pair your CD with other F&M business tools:
- Sweep Accounts for automated transfers
- ACH Origination for vendor payments or payroll
- Online Banking Access to view CD balances anytime
- Remote Deposit Capture to streamline check deposits
With a full suite of treasury services available, your CD becomes a building block in a broader strategy.
Frequently Asked Questions About Our Business CDs
What is the minimum deposit for a business CD?
The minimum deposit to open a business CD with F&M is $1,000.
Can I withdraw funds from my CD before maturity?
Early withdrawal may incur a penalty. Contact your local F&M branch or refer to your CD agreement for specific penalty details.
Are business CDs FDIC insured?
Yes, F&M CDs are FDIC insured up to the maximum allowed by law.
How are interest payments handled?
You can choose to have interest compounded quarterly and added to your CD, deposited into another account, or issued by check. Discuss options with your banker when opening the CD.
What happens when my CD matures?
Your CD will automatically renew for the same term at the current rate unless you choose to withdraw or reinvest during the 10-day grace period.
Ready to Invest in a Business CD with F&M?
Secure your company’s financial future with our competitive, fixed-rate CDs. Our experienced bankers are here to help you choose the right term and strategy to maximize your returns. Start today or contact us for personalized guidance.
Contact a Local Branch