Certificates of Deposit The Berkshire Bank has many ways to help your business get ahead—with the security of guaranteed earnings and FDIC insured accounts. Earn competitive interest rates by selecting from a choice of maturities with terms tailored from one month to five years. Certificates of Deposit are one of the highest-yielding investments that The Berkshire Bank offers with a guaranteed return. They are ideal for businesses that are looking for highly competitive interest rates and don't require liquidity. • Get the security of Federal Deposit Insurance Corporation insurance
• Choose flexible terms.
• Earn stable, secure returns on your investment.
• Generally the more you invest, the higher the interest rate.
• CDs automatically renew
For full details on all our products and services, please consult our Account Agreement and Disclosures and our Schedule of Fees and Services Charges
Earn More with our 4.48% APY*
on a 12 Month CD
(4.38% Interest Rate)
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Click here to view our Terms and Conditions
Business Certificates of Deposit | $1,000 - $9,999.99 | | $10,000 - $999,999.99 | | TERM | INTEREST RATE | APY* | | TERM | INTEREST RATE | APY* | | 1 month | 0.05% | 0.05% | | 1 month | 0.10% | 0.10% | | 3 months | 0.25% | 0.25% | | 3 months | 3.00% | 3.05% | | 6 months | 0.55% | 0.55% | | 6 months | 4.00% | 4.08% | | 9 months | 0.75% | 0.75% | | 9 months | 4.00% | 4.08% | | 12 months | 1.00% | 1.01% | | 12 months | 4.38% | 4.48% | 18 months | 0.50% | 0.50% | | 18 months | 2.50% | 2.53% | | 24 months | 0.50% | 0.50% | | 24 months | 2.53% | 2.53% | | 36 months | 0.20% | 0.20% | | 36 months | 2.00% | 2.02% |
Click here to view our Terms and Conditions
Terms and Conditions
Interest rates valid as of April 4, 2024.
All interest rates are subject to change without prior notice.
APY refers to Annual Percentage Yield*
CD's require a $1,000 minimum opening deposit.
Valid for business accounts only.
Interest on CD's is compounded daily and calculated on an actual/365 day basis and paid at maturity.
Early withdrawal, if permitted, will be subject to a substantial penalty.
These offers may be modified or withdrawn at any time.
Fees may reduce earnings on accounts.
Speak to an account representative for balances of $1,000,000 and above.
For full details on all our products and services, please consult our Account Agreement and Disclosures and our Schedule of Fees and Services Charges
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