Highly competitive CD rates boost your business savings.

Isn't it time your money started working overtime? Our New York bank 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. Receive interest each month or quarter by mail or 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)**
6 month 1.24% 1.25%
9 month 1.69% 1.70%
1 year 1.69% 1.70%
18 month 2.23% 2.25%
2 year 2.32% 2.35%
3 year 2.37% 2.40%
4 year 2.47% 2.50%
5 year 2.71% 2.75%
Certificate of Deposit Account Registry Service (CDARS®)*** Learn More 

CD and Retirement CD interest is compounded daily. Depending on the term, you may choose to have your CD interest paid monthly, quarterly or at maturity. 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 July 1, 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 Certificates of Deposit Account Registry Service (CDARS®) program offered by Promontory Interfinancial Network, LLC. The program enables investors to access multi-million dollar FDIC insurance coverage on large CD investments.