Want to give your savings a boost? Try a business certificate of deposit.

When you put your cash to work in a Liberty Bank Business Certificate of Deposit (CD), you’ll feel the confidence of knowing that your money is earning you a fixed, guaranteed return. Choose the Liberty Bank Business CD that works best for you and get your savings working overtime. Open a Business CD at your nearest Liberty Bank location.

What Is a Business Certificate of Deposit (CD)?

A Business CD is a safe and predictable way to save money for Connecticut business owners. The money you deposit into a CD is FDIC-insured, meaning it’s protected by the U.S. government up to the maximum amount allowed by law. CDs are offered in terms – our Business CDs are in terms of three months, six months and one year. You’re required to leave your money in the account until the term ends, also known as the maturity date. Essentially, your money is committed to the CD for a certain amount of time, but it’s also guaranteed to grow at a fixed rate for the length of the term. 

How Can Your Business Benefit from a Liberty Bank Business CD?

  • You’ll earn a higher yield on corporate cash you may not need in the near future
  • Interest earned is linked to your business, not your personal income
  • You have a range of maturity terms to choose from (3 months, 6 months, 12 months)
  • The interest is competitive
  • The rate of return is GUARANTEED
  • Your money is secure

Certificates of Deposit Rates

TermsInterest RateAPY¹
3-Month Business CD 0.75% 0.75%
6-Month Business CD 0.75% 0.75%
1-Year Business CD 1% 1%
Looking for rates for other Liberty Bank accounts? View all of our rates.
 

To open a business CD, visit any Liberty Bank location.

Find a Location

 

Disclosures

Rates are effective as of September 20, 2023.

    1. The Interest Rate and Annual Percentage Yield (APY) are as of the Effective Date and are subject to change without notice. The stated yield for Business CDs less than one year assumes the reinvestment of principal and interest at the same rate, although that rate may not be available upon renewal. Fees and other conditions could reduce earnings. Business CDs are subject to a penalty for early withdrawal. Minimum to open a 6 Month and 1 Year Business CD is $5,000 and the minimum required to earn APY is $5,000. The minimum to open a 3 Month Business CD is $500 and the minimum required to earn APY is $500.

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