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 2.96% 3.00%
6 month 3.20% 3.25%
9 month 3.39% 3.45%
1 year 3.92% 4.00%
15 month 3.44% 3.50%
18 month 3.44% 3.50%
2 year 3.92% 4.00%
3 year 3.53% 3.60%
4 year 3.53% 3.60%
5 year 3.53% 3.60%
CD-Option Deposits*** Learn More 

CD and Retirement CD interest is compounded daily. You may choose to have your CD interest paid monthly or quarterly. The Annual Percentage Yield (APY) assumes that the funds deposited remain in the account for the full term of the CD. Any withdrawal of interest would reduce earnings. *CDs require a minimum deposit of $1,000 to open and earn interest. Early withdrawal penalty may apply.
**Annual Percentage Yields (APYs) stated are effective as of November 29, 2022 and may be changed by the Bank at any time. Accounts must be opened in person at an Apple Bank branch. ***Apple Bank participates in the CD-Option Deposits program offered by IntraFi Network LLC.  The program enables investors to access multi-million dollar FDIC insurance coverage on large CD investments.