Business Certificates
- Minimum initial deposit of $1,000
- Competitive dividends paid quarterly
- Jumbo rates for balances of $100,000 or more
- Terms of 6, 12, 24 and 36 months available
- Savings federally insured to at least $250,000 by the National Credit Union Administration
You can obtain Business Certificates at any one of our branch locations. Transfer funds from your Member Share Account or bring cash, check or money order for your opening deposit.
What Are Business Certificates of Deposit?
Business Certificates of Deposit (CDs) are a great low-risk way to invest your business’s money for a set period of time. It can act as a savings account for purchases and acquisitions you plan to make in at least 6 months, and has a higher interest rate than traditional savings. How much you will earn depends on the type of CD you choose, how much you deposit, as well as the length of the term.
Benefits of a Business CD
- Low-risk investments
- Grow your business capital
- Dividends paid quarterly
How Are Business Certificates of Deposit Different Than Personal CDs?
Business CDs and personal CDs operate in much the same way, however business CDs likely enable you to have a much higher initial investment. This means you can get more for your dollar. For example, at Arizona Central, a jumbo CD of over $100,000 earns 0.80% APY with a 60-month term, compared to a smaller investment earning 0.70% APY over the same term.
Why Save With Arizona Central Credit Union?
Since 1939, we’ve proudly served Arizona with, offering benefits regular banks just don’t have. From business certificates and savings to great lending options, we aim to give you a better experience at every step.
Arizona Central Credit Union has 9 branches throughout Arizona, including Phoenix, Glendale, Tempe, Chandler, Flagstaff, Tucson and Show Low. Members have access to 30,000+ surcharge-free ATMs nationwide through the CO-OP ATM network. Arizona Central makes banking accessible & rewarding for all AZ communities.
