CDs

Highly competitive CD rates boost your business savings.

Isn't it time your money started working overtime? Our business CD options are great tools for saving at rates that are higher than our regular savings account rates. When you keep your money invested for the CD's entire term, you'll maximize your savings potential. You can arrange to have the interest transferred automatically to your savings, checking or money market account. 

Highly-competitive rates
Terms range from 91 days to 10 years
 
Create laddered portfolios with terms to suit your needs
 
Convenient automatic renewal
 
Daily compounding of interest offers greater growth

Find the business CD that works for you.

Term
Interest Rate Annual Percentage Yield (APY)*
3 month 4.88% 5.00%
6 month 3.44% 3.50%
7 month 4.40% 4.50%
8 month 3.92% 4.00%
1 year 3.92% 4.00%
15 month 3.44% 3.50%
18 month 3.44% 3.50%
2 year 3.44% 3.50%
3 year 3.44% 3.50%
4 year 3.44% 3.50%
5 year 3.44% 3.50%
CDARS** Learn More 

*Annual Percentage Yields (APYs) stated is effective as of February 20, 2024 and may be changed by the Bank at any time. CD requires a $1,000.00 minimum deposit to open and earn the stated APY. Early withdrawal penalty may apply. Six month, one year, and two year CDs terms may be opened online. All other CDs terms must be opened in person at an Apple Bank branch. CD interest is compounded daily. You may choose to have your CD interest paid monthly or quarterly. The APY assumes that the funds deposited remain in the account for the full term of the CD.
**Apple Bank participates in the CDARS program  offered by IntraFi Network LLC.  The program enables investors to access multi-million dollar FDIC insurance coverage on large CD investments.