Business CDs

Certificates of Deposit investments are available to any type of business entity. Get more out of your accumulated funds by committing to a specific fixed term at a fixed interest rate. In exchange for keeping your money on deposit for a set period of time, Community First Bank pays a higher rate of interest than on accounts from which money can be drawn on at any time. The purchaser of a Certificate of Deposit can choose how they want interest to be paid: by check, transferred to another account within the bank, or added to the face amount of the Certificate of Deposit. You will receive a notice prior to the maturity of your account and if we donít hear from you, the Certificate will be automatically renewed for the same amount of time as the previous period. A substantial penalty is charged for early withdrawal.

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