Business Certificates of Deposit (CDs)

Improve your earnings without risking any of your company's cash assets. Simply pick the term and your funds earn a guaranteed fixed rate. And guaranteed is always a good thing for your bottom line. We offer a range of term lengths to fit your short- and mid-range goals. And by laddering maturity dates, you can add liquidity to your CD investments. 

For an up-to-date listing of our CD rates contact your local branch or call our Customer Care Center at 1-888-464-2265 (BANK).

Details
  • Higher returns than traditional business savings accounts
  • Fixed rates for length of term
  • Terms range from 90 days to 60 months
  • Early withdrawal penalties apply
  • FDIC insured
  • $1,000 minimum deposit to open
Beneficial Ownership Requirements

All Sonabank business account holders will be required, due to regulatory reasons, to provide us with certain information on its Beneficial Owners.

This information must be provided on Sonabank's Beneficial Owner Form before a new account can be opened, or any changes can be made to an existing account.