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Unlock Superior Yields with Our Commercial CDs

Lock in a competitive interest rate for your company's savings with a commercial certificate of deposit. You can use it for short-term goals as fast as 30 days or longer-term savings of up to five years. Funds are kept in the account until the CD fully matures. Then you'll have access to the balance, including all accrued interest, to either withdraw or renew into another commercial CD. And with a minimum opening deposit of just $1,000, this is a perfect savings vehicle for businesses of any size.

Commercial Certificate of Deposit Features

  • Low minimum balance requirements of $1,000
  • Guaranteed interest rate, which varies based on certificate term
  • Automatically renewable
  • Terms from 30 days to 60 months*
  • May be used as collateral for loans
  • The disclosed annual percentage yield assumes that interest will remain on deposit until maturity. Fees or withdrawals of interest will reduce earnings.
  • FDIC insured**

*See published rates for full balance requirements and terms.
**Each depositor insured to at least $250,000.

About Us

Itasca Bank & Trust Co.

Itasca Bank & Trust Co., an independent, locally-owned bank, offers a broad spectrum of deposit accounts, savings products, and loans that are sure to suit your individual and business needs.

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