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Overview
- Greater interest than savings accounts
- Terms from 3 months to 5 years
- Interest can be paid out monthly, quarterly, or added to CD principal
- Penalty for early withdrawal
- Risk-free CD option allows early withdrawal (see below)
- $500 minimum to open
- FDIC insured
We know first hand that things move fast in the business world, so we do our best to help your business earn and save efficiently. With a Certificate of Deposit from First Hope, you can capitalize on your investments without any hassle when you get a locked-rate CD. The best part? It’s risk-free, and your funds are always available to you! Don’t let the worry of locking up funds long-term prevent you from accelerating your bottom line.
Risk-free CDs
With the unpredictability of the business world, we do what we can to eliminate excess risk. That’s why we offer the Risk-free CD. This account lets you make an early withdrawal of up to half your principal without penalty any one time per term.
– Three terms available: 36 months, 48 months, 60 months
– $2,500 minimum to open
– Open to new money only
