Certificates of Deposit
Very little in business is guaranteed. So when a return on investment is guaranteed, you can bet it's a wise one. If your company assets include capital that can be locked for a fixed term, CDs from Solvay Bank will offer a significantly greater return than a basic savings account. We offer a range of terms to meet your specific liquidity needs.
- Summary
- Greater earning than savings accounts
- Competitive market interest rates
- Rates are guaranteed for length of term
- Terms range from 30 days to 5 years
- Early withdrawal will incur a penalty
- $500 minimum deposit to open
- No setup or maintenance fees
- FDIC insured
