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Add a little more certainty to your business forecasts with a CD that guarantees a fixed-rate return.

Key Features

  • Guaranteed Returns
  • Competitive Interest
  • No Setup or Maintenance Fees
  • Fixed interest rates for guaranteed savings
    • Rates higher than regular savings
    • Rates increase with the length of the term
    • Interest accrues daily and is compounded and credited monthly
  • Select the maturity date that works best for you
    • Wide range of terms from 1 month to 5 years
  • May be used as collateral for a loan
  • Subject to penalty for early withdrawal
  • Automatic renewal at the current rate and term if funds are not withdrawn within 10 business day grace period/ 10 days of maturity
  • CDARS available for deposits over $250,000
  • $1,000 minimum deposit to open for terms of one year or less
  • $500 minimum deposit to open for terms of 18 months and longer

Rather than managing your larger funds through multiple banking relationships, Legence Bank will handle it for you. CDARS provide full FDIC coverage on savings over $250,000 without adding on extra workload. On your end, you'll receive one interest rate, one regular statement, one year-end tax form, and one banking relationship — keeping your life easier.

  • Earn CD-level rates; higher than regular savings or some other investment options
  • Greater security; multimillion-dollar FDIC insurance coverage
  • Convenience; everything is managed by us:
  • You earn one interest rate
  • You receive one regular statement
  • You receive one year-end tax form
  • Community investment; help support lending opportunities in your local community
  • Flexible maturity periods available 

To learn more about the easiest, most convenient way to protect your large deposits, contact a Legence Bank customer service representative at (800)360-8044.