Investments/Certificates of Deposits
bankcda offers a select number of business deposit products to suit your needs. bankcda offers its services through many methods, including 24-hour ATM, banking by mail, Internet Banking, remote deposit and a courier service. Please contact a Personal Banker
for additional information on the accounts listed below.
|
bankcda Business Savings |
- $100 opening deposit required
- Interest compounded daily and paid quarterly
- Tiered, variable rate
- Quarterly statement
- Free Internet Banking
- $200 minimum balance requirement
- 9 withdrawals allowed per quarter
|
| bankcda FirstRate Business Money Market |
- $2,500 opening deposit required
- Interest compounded daily and paid monthly
- Tiered, variable rate
- Monthly statement
- Free Internet Banking
- 6 withdrawals per month, by check or pre-authorized transfer
- $9.00 monthly service charge waived for balances over $5,000
|
| Fixed Rate Certificates of Deposit |
- $500 opening deposit required
- Interest compounded daily and paid quarterly (monthly upon request)
- Interest may be paid to the CD, a checking/savings account or a check by mail
- Terms of 90 days to 5 years
- Quarterly statement
- Penalty imposed for early withdrawal
|
| Jumbo Certificates of Deposit |
- $100,000 opening deposit required
- Simple interest paid quarterly (monthly upon request)
- Interest may be paid to the CD, a checking/savings account or a check by mail
- Terms of 14 days to 5 years
- Quarterly statement
- Penalty imposed for early withdrawal
|
|
|
