Business Certificate of Deposit (Business CD)
Certificate of Deposit Account Features
You may purchase a Business CD for a set period of time from seven (7) days to two (2) years, with a minimum deposit of $2,500.
- The CD will earn a set rate of interest, compounded daily.
- No partial withdrawal of the principal is allowed until the maturity date.
- CDs may be used as collateral for loans.
- CDs are FDIC-insured.
Jumbo Certificate of Deposit
Jumbo Business CDs have a minimum opening deposit of $100,000.00. Interest rates are set by the Bank and vary according to term and amount of initial principal. Interest is compounded daily.
To learn more about how Nevada State Bank's Business CDs can work for your business, call us today at 866-354-5955, or contact your local Nevada State Bank relationship manager.