Not every ROI requires risk. With a business CD, you’re guaranteed a return that scales with the term you select.
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CD SPECIALS
11 MONTH - 4.25% APY*
54 MONTH - 4.00% APY*
*Annual Percentage Yield (APY) is accurate as of 12/6/2024. Minimum deposit to open and obtain APY is $500.00. A penalty may be imposed for early withdrawal. Upon maturity, if not cashed in your 11 Month CD Special will automatically renew for 182 day term at the 182 day rate at that time. Upon maturity, if not cashed in your 54 Month CD Special will automatically renew for 48 months at the 48 month rate at that time.
- Fixed rates, higher than standard savings
- Receive higher rates by selecting a longer term
- Provides more guarantee than other risky investments
- Set aside for future savings goals
- A wide range of terms available (from 91 days to 60 months)
- No setup or maintenance fees
- Early withdrawals subject to penalty
- Interest above standard savings, which may compare favorably with other investment alternatives*
- Greater security; multi-million dollar FDIC insurance coverage
- Convenience; everything is managed internally by Midwest Bank:
- One interest rate
- One regular statement
- One year-end tax form (individuals only)
- Flexible maturity periods available
- Helps support lending opportunities within your local community
*Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS® Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us. CDARS (Certificate of Deposit Account Registry Service) is a registered service mark of IntraFi® NetworkSM