Commercial Certificate of Deposit
A Commercial Certificate of Deposit (CD) allows you to earn a higher return for your money. A variety of terms allow you to select the option that makes the most sense for your financial goals. There may be a penalty for early withdrawal.
Features of Itasca Bank & Trust Co.'s Commercial Certificate of Deposit's include:
- 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
- FDIC insured**
*See published rates for full balance requirements and terms.
**Each depositor insured to at least $250,000.
