AIG Bank’s FDIC insured1 Business CDs offer your business or non-profit organization a predictable high yield return with no market risk. Interest is compounded daily to maximize your earnings and you will have easy access to your account information online. Lock-in a guaranteed rate for up to 5 years while enjoying our business-friendly service features such as access for as many authorized individuals as you need.
|Guaranteed rates for your business or non-profit.|
|Terms:||Interest rate and APY:|
|6 Months||Available for rollover only|
|12 Months||Call 1-866-231-9620 or email for current rates|
|18 Months||Available for rollover only|
|24 Months||Call 1-866-231-9620 or email for current rates|
|36 Months||Call 1-866-231-9620 or email for current rates|
|60 Months||Call 1-866-231-9620 or email for current rates|
How to Open an AIG Bank Business CD
Download, print and complete the Business CD Application. Please be sure to sign and date the application.
Please provide us with a copy of your organization's Corporate Resolution granting authority to open bank accounts.
Choose one of the following options to send us your application, Corporate Resolution, and initial deposit2.
|Send by...||To...||For these deposit methods...|
|Check, Wire Transfer, or Automatic Transfer|
|Fax||1-877-726-5545||Wire Transfer or Automatic Transfer|
That is all there is to it. We will quickly process your new account application and upon approval we will mail you a welcome kit.
If your organization does not have a Corporate Resolution form granting authority to open bank accounts, our Professional Services staff can provide you with a sample form.
Please call 1-866-231-9620 or email us if you have any questions.
1Certificates of Deposit are FDIC insured to at least $250,000 per depositor in aggregate with all deposits held in the same legal capacity (e.g., corporations, LLCs, partnerships, small organizations) at AIG Bank. Sole Proprietorships are insured as a single account deposit of the owner, added to the owner's other single accounts at AIG Bank. The early withdrawal penalty for a Business CD is 90 days of interest for a CD with a term of 12 months or less or 180 days of interest for a CD with a term greater than 12 months. Other terms and conditions apply. See Account Application and Deposit Account Terms and Conditions for a description of the applicable terms and conditions.
2AIG Bank Business Certificates of Deposit have a $25,000 minimum and $250,000 maximum opening deposit requirement.