Business Certificates of Deposit (CDs)

Improve your earnings without risking any of your company’s cash assets. Just pick a term that works with your outlook.

Key Features

Details

Fixed rates, higher than regular savings
Receive higher rates by selecting a longer term
Interest earnings paid by check; can also be added to CD or deposited to an MCS Bank account
Compounds quarterly, credited quarterly or at maturity
Set aside for future savings goals
A wide range of terms available (from 31 days to 5 years)
No setup or maintenance fees
Penalty for early withdrawal
Renews automatically upon maturity after 7-day grace period
$1,000 minimum deposit to open