Business CDs Terms
Minimum balance to open:
$1,000*
Monthly maintenance fee:
$0
If you have excess cash you don't need to access for three months or more, you can earn safe, guaranteed returns when you open a business CD. Our business CDs have no monthly maintenance fee and earn a fixed interest rate on your money. We offer a variety of terms to fit your business needs.
What’s needed to open an account?
View and download detailed account documents here:
Download Fees and Features Guide >
| Term | APY (Annual Percentage Yield) | Minimum Deposit |
| 3 month | 0.03% | $1,000 |
| 6 month | 0.03% | $1,000 |
| 9 month | 0.03% | $1,000 |
| 12 month | 0.10% | $1,000 |
| 15 month | 0.03% | $1,000 |
| 18 month | 0.03% | $1,000 |
Business CD Features and Benefits
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Please note: Citizens Business Banking Products and Services are offered in the following states: Connecticut, Delaware, Florida, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, Virginia and Washington, D.C.
© Citizens Financial Group, Inc. All rights reserved. Citizens is a brand name of Citizens Bank, N.A. Member FDIC
Rates accurate as of #Json=Label_Lookup|Brand=citizensbank|TargetElementType=span|TargetElementId=|Key=currentDate# and subject to change before or after account opening. Rates apply to new accounts and may not apply to existing accounts.
Maximum deposit of $1,000,000 per customer.
CD rates listed require a Business Advisor Checking, Citizens Analysis Business Checking, or Commercial Checking account.
*$5,000 if monthly interest disbursement by check or transfer is required.
