Business CDs

If you want to earn higher interest and can afford to place your money in deposit for set period of time, a Certificate of Deposit (CD) might be for you!

CDs earn higher rates of return, but the money deposited must remain in the CD for a specific period of time. At Telhio, we offer CD terms from three months to five years, and the interest rates are commensurate with the length of the term. In a CD, your deposit is secure and insured, and interest is compounded and paid quarterly.

To open a CD, you simply make a minimum deposit and select a term. During the term, your deposit will earn interest, and at the end of the term, or maturity date, you can withdraw your deposit or roll it over for another term through an automatic rollover.

During the term, you may withdraw a portion or all of the principal value of the CD before the maturity date; however you will incur a withdrawal penalty.

Term in Months Deposit Rate APY1 Action
Business CD 91 days $500.000.15% 0.15% View graph Monitor rate
Business CD 6 month $500.000.20% 0.20% View graph Monitor rate
Business CD 12 month $500.000.25% 0.25% View graph Monitor rate
Business CD 18 month $500.000.35% 0.35% View graph Monitor rate
Business CD 24 month $500.000.45% 0.45% View graph Monitor rate
Business CD 36 month $500.000.55% 0.55% View graph Monitor rate
Business CD 48 month $500.000.65% 0.65% View graph Monitor rate
Business CD 60 month $500.000.75% 0.75% View graph Monitor rate
Rates effective Midnight on Friday, July 1, 2016