Business Certificates

Open a Business Account

Plan for a specific purchase or strengthen your safety net with Business Certificates

Time really is on your side when you choose a Business Certificate. Whether you're setting funds aside for a few weeks or a few years, you’ll enjoy fixed, reliable growth at some of our highest interest rates. It’s a smart, low-risk way to grow your savings, without riding the ups and downs of the market.

Enjoy higher interest rates than standard savings accounts
Guaranteed return of principal plus interest lets you know where your savings will stand at the end of the term
Once your CD matures, you can withdraw the money or reinvest
Keep your money invested for the full term to avoid early withdrawal penalties

Effective Date: June 22, 2026
Minimum Opening Balance	Term	Interest Rate	APY*
$500 +	13 Months	3.68%	3.75%

Smart banking for a stronger business

Business Digital Banking

Enroll in eStatements to stay organized and reduce clutter

Automate bill payments and payroll to avoid late fees

Use online transfers to move money quickly between accounts

Give employees custom access with specific user permissions

Set up account alerts to monitor activity and prevent fraud

Deposit checks remotely using mobile or desktop tools

Does the credit union charge a penalty for early withdrawal of my money from a CD?

Yes. For terms over 12 months, the penalty is the lesser of 180 days’ interest or total interest earned. For terms of 12 months or less, it’s the lesser of 90 days’ interest or total interest earned.

How can I find CD rates?

Visit our rates page to view current CD, loan and deposit rates (idealcu.com/rates).

How much time do I have to do I have to renew or close my account when my CD matures?

You have a 7-day grace period after maturity to make changes, deposit or withdraw funds or close the account.

Disclaimers

*APY = Annual Percentage Yield. The Annual Percentage Yield assumes interest remains on deposit until maturity. Minimum balance of $500 required to open special certificate and earn the disclosed APY, new money only. New money is defined as funds that are not currently deposited in any Ideal Credit Union account. If combining with existing funds deposited at Ideal, a minimum of $5,000 in additional new money is required. Penalty applies for early withdrawal. Certificate special may be discontinued at any time without warning. Interest begins to accrue on the business day you deposit any non-cash item (for example, checks). Interest is compounded and credited monthly. Certificate Special is available as a traditional or IRA Certificate. Certificates with maturity dates greater than 12 months will be assessed the lesser of 180 days interest or interest earned/Certificate with maturity dates 12 months or less will be assessed the lesser of 90 days interest or interest earned. Rates subject to change at any time.

Business Certificates

Plan for a specific purchase or strengthen your safety net with Business Certificates

13-Month New Money Certificate Special

Frequently Asked Questions