CDs are a smart choice for businesses with idle funds. Maximize your company’s cash by taking advantage of the great rates offered by our Fixed Rate CDs or make a shorter-term commitment with a Flexible Rate CD. Learn more about Comerica CDs and how we can help maximize your business savings.
|Flexible Rate CD||Fixed Rate CD|
|In a nutshell:||
The greater your balance, the greater the interest rate
Fixed interest rate over a specified term
Businesses that have idle cash and need to maintain limited liquidity
Businesses that have idle cash and do not need immediate access to it
Make extra deposits with common maturity date
Variable interest rate
One penalty-free withdrawal during term1
FDIC insured up to the maximum amount allowed by law. For additional information on FDIC insurance, click here
Fixed interest compounded or paid monthly.
Interest can be transferred to any of your Comerica business accounts2
|Learn More||Learn More|
1 One-time withdrawal of up to 50% of the account balance, any time after 7 days of the account opening or after making a deposit, but before maturity, is allowed without incurring a bank penalty.
2 Minimum balance required to receive monthly interest payments by check is $5,000. No compounding will occur if interest is not paid into the CD.