Business Certificate of Deposit(CD) Product Guide
We’ve created this easy-to-follow outline of services, fees, and policies to help you understand how your account works. For more information about deposit accounts, please read the Business Deposit Account Agreement. For questions, search bannerbank.com, call us at 800-272-9933 (7 a.m. to 7 p.m. PT weekdays), sign into Banner Bank Online Banking to chat with us, or visit any Banner Bank branch.
Our Business Certificate of Deposit account offers the following:
- High return on your insured business savings at Banner Bank with a fixed interest rate for the term
- Variable terms from 3 months up to 10 years
- Digital services including Banner Bank Business Online Banking and Banner Bank Mobile Banking~
- Penalty-free withdrawals and deposits allowed during each grace period+
- 24/7 Bank-By-Phone at 800-527-6435
Account Opening and Usage
| Minimum opening deposit | $2,500 |
| Monthly service charge | $0 |
| Interest | Interest rate and crediting based on term^. Compounded daily. Contact your local branch for details. |
| Additions allowed after opening | No |
| Bump rate option | No |
| Grace period | 10 calendar days |
| Automatic renewal | Yes |
Refer to the insert given to you at time of account opening for the interest rate, annual percentage yield, and maturity date for your account, and any other terms that may apply for special CD terms that may differ from this document.
Dispute Resolution
In case of errors or questions, call us as soon as you can at 800-272-9933. To limit your liability, we must hear from you no later than 60 days after we sent the first statement on which a problem appeared. You can find dispute resolution details in the Business Deposit Account Agreement.