Business Certificates of Deposit (CDs)

WHAT IS A BUSINESS CERTIFICATE OF DEPOSIT?

Business CDs work just like a Personal Certificate of Deposit does. Business Certificates of Deposits are a type of savings account that offers a fixed interest rate for a fixed length of time. Interest rates for CDs are often better than basic savings accounts and are a good savings option for business owners who want to maximize returns without the risk.

WHAT ARE THE BENEFITS OF A BUSINESS CD?

Business Certificate of Deposit accounts offer a range of benefits to businesses and business owners. Some of those benefits include guaranteed earnings and returns on funds invested, less risk than other investment types, higher savings rates than standard savings accounts, and flexible term lengths.

• Automatic certificate renewal
• Interest may be reinvested, deposited to another First Lonestar Bank account, or paid by check
• Various maturity terms up to 60 months
• A penalty assessed for early withdrawal

READY TO START EARNING MORE WITH A BUSINESS CERTIFICATE OF DEPOSIT?

Reach out to us at First Lonestar Bank by phone, email, or a branch visit to open your new Business CD Savings account. Check out our current Business CD Rates in Texas to find the best option for you! Interested in other Business Savings options? Compare our Business Savings accounts in Texas here!

Contact First Lonestar Bank to get started!
Call a Universal Banker today at 469.389.3660 or stop by our branch in Frisco, Texas today!