Certificates of Deposit (CDs)
Provide a solid foundation for business goals 6 months out, 5 years out, and everything in between. Whatever your plans, a CD from Bank of the Finger Lakes works hard toward realizing them by providing an interest-bearing safe place.
CDs feature fixed rates, higher than regular savings accounts - plus, a wide range of terms to best suit your specific needs. We even accommodate our business customers with large deposits.
- Fixed interest rates from day one to maturity
- Higher rates than regular savings
- More guarantee than other risky investments
- A wide range of terms ranging from 3 months to 5 years
- Subject to penalty for early withdrawals
- Automatically renews upon maturity
- $1,000 minimum deposit to open
- FDIC insured