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Holiday Closure: Rivermark will be closed on Monday, October 12, in observance of Indigenous Peoples' Day. Access your accounts using our digital banking tools.
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Business CDs

Invest in the Growth of Your Business

Business CD Rates

  • 10 Month Loyalty Certificate

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    As High As 3.75% APY**

    • Business Certificates

    When you invest in a Business Certificate of Deposit (CD), you'll earn a guaranteed interest rate of return for your business. And you can rest easy knowing your principal is federally insured.

    • Higher guaranteed rates than Savings or Money Market.
    • Just $500 to open.
    • Terms from six months to five years.
    • Federally insured up to $250,000 by the NCUA.
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    Frequently Asked Questions

    • Your earnings can be deposited into your Rivermark Business Checking, Savings or Money Market accounts, or mailed as a check. Maximize your return by reinvesting the earnings into another CD.

    • You can withdraw it, but you’ll pay a penalty equal to 90 or 180 days worth of interest, depending on the original term of your CD.

    • One way to maximize your interest income is with a strategy called CD laddering. Over time, it's an easy way to earn a higher rate without locking up all your money into a single long-term certificate.

      For example, instead of opening one 3-year CD for $15,000, you would divide your initial deposit into three equal CD's.

      1. Open one CD for $5,000 with a 3-year term
      2. Open a second CD for $5,000 with a 2-year term
      3. Open a third CD for $5,000 with a 1-year term

      When your 1-year CD matures, you would roll that $5,000 into a new 3-year certificate. After three years, all of your certificates will be earning the higher three-year rate of interest at that time and you'll always have access to $5,000 of your money within one year.

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    APY = Annual Percentage Yield.

    *Business CDs: For all Certificate accounts there may be a penalty for early withdrawal. APY assumes that all interest will remain on deposit until maturity, a withdrawal will reduce earnings. Fixed rate, interest is compounded daily and credited monthly. $500 minimum deposit to open certificates. Cannot add funds to business certificates after account opening.

    **For Loyalty CDs: A checking account that has been established for a minimum of 12 months is required on the membership for which the CD is opened. Upon maturity, the Loyalty CD account will automatically renew for a 12-month term at then-current 12-month CD rate.