COVID -19 Update

Our lobbies remain closed until further notice. Drive-ups remain open at both locations. Loan officers and personal bankers are available by appointment. Please contact us at 608-764-5411 or webgeneral@bankofdeerfield.com.

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Business Certificates of Deposit

Focus Savings For your Business

Saving for your business is never a bad idea. But, could you be doing more with your savings strategy? At Bank of Deerfield, you can open a certificate of deposit (CD) for your business that will focus your savings and allow you to earn a better interest rate than you will find in a traditional savings account. You can learn more about how CDs can enhance your savings by visiting our office and speaking to our business banking team.

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Your Business CD Options

We offer two types of CDs for your business. Each of these accounts requires a $500 minimum deposit. Early withdrawals are subject to penalty.

  • Regular Business CD: Your certificate earns a fixed rate throughout the term. Terms range from 3 months to 5 years.
  • Flex CD: This 3-year CD allows you to change the rate one time during the term to take advantage of any potential rate increases.
 
 
 
Business CD image

Business CD & IRA Specials

  • Terms available for 15 months, 39 months, and 54 months
  • Minimum deposit of $2,500

*Substantial Penalty for Early Withdrawal 

**FDIC Insured up to $250,000 

See our Certificate of Deposit & IRA rates here.

Contact us for additional information.