Business Certificates of Deposit
Give planned business funds a defined savings timeline. Loyal Trust Bank certificates of deposit offer short- and longer-term options for reserves your company can keep on deposit through a selected maturity date.
Choose a Term That Matches Your Business Timeline
6 Months · 12 Months · 13 Months · 18 Months · 2 Years · 3 Years · 4 Years · 5 Years
Before opening a certificate of deposit, review the current rate, maturity date, renewal terms and early-withdrawal conditions with the Loyal Trust Bank team.
SHORTER-TERM OPTIONS
6 to 18 Months
LONGER-TERM OPTIONS
2 to 5 Years
Published CD Account Details
- Opening Deposit
- $1,000
- Interest
- Yes
- Early Withdrawal Penalty
- Yes
- Grace Period After Maturity
- 10 days
- Maturity Notice
- Yes
- Automatic Renewal
- Yes
Important: Rates, APYs and terms are subject to change. An early withdrawal penalty may apply, and fees could reduce earnings. View current rates or contact Loyal Trust Bank for current information.
PLAN WITH A SET TERM
A Clear Path From Deposit to Maturity
A certificate of deposit is designed around a defined term. Match the term to your business timeline, understand the maturity instructions and keep operating cash separate from funds committed to the CD.
Choose a Business Timeline
Identify when the business expects to use the funds, then select a term that aligns with that date.
Fund the Certificate
Open the CD with the required $1,000 deposit and confirm the rate, maturity date and early-withdrawal conditions.
Prepare for Maturity
Review the maturity notice and decide whether to renew or make a change during the 10-day grace period. Contact our team with questions.
What to Know Before Opening a Business CD
Review the term, opening deposit, interest structure, withdrawal conditions and maturity instructions before committing business funds.
Multiple Term Options
Choose from published terms ranging from 6 months to 5 years for different business timelines.
$1,000 Opening Deposit
A $1,000 opening deposit is required to open a Loyal Trust Bank certificate of deposit.
Interest-Bearing
The certificate of deposit is interest-bearing.
Early Withdrawal Penalty
An early withdrawal penalty applies when funds are withdrawn before the certificate reaches maturity.
10-Day Grace Period
After maturity, the account includes a 10-day grace period for renewal or other available instructions.
Maturity Notice & Renewal
A maturity notice is provided, and the certificate of deposit is set to renew automatically.
Related resources: Business Savings · Current Rates · Understanding FDIC Deposit Insurance
Need More Ongoing Access to Business Reserves?
Explore Loyal Trust Bank business savings and money market options for funds that may need more day-to-day flexibility.
Four account options · Digital access · Local support
Explore Business Savings
Compare opening deposits, balance requirements and withdrawal access to find an account aligned with your reserve strategy.