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Certificates of Deposit
Dollar Bank offers three business CD options. Short Term CDs with maturities
from seven days to six months, Business Investment CDs have maturities from six
months to 120 months and our 91-Day No Penalty CD includes no penalty for
redemption after the first seven days. Each type and term of CD can be opened
with a minimum deposit of just $2,500. Put your working capital to work for the
period of time that is best for your business.
When you have a Master Agreement on file with us, you can open a certificate
with a phone call or online using CashAnalyzer®, our online cash
management system. We'll move the funds from your business checking account and
mail you a receipt for your transaction. You will also see this transaction on
your monthly checking statement.
Each depositor is insured up to $100,000 by the FDIC. And, unlike some
uninsured investments, there's never a fee for purchasing a CD.
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