Commercial Certificate of Deposit (CDs)
Traditional CDs for Businesses
When you commit to keeping your funds with Union Bank for a defined period of time, we reward you with our highest interest rates. A business Certificate of Deposit (or CD) is an interest-earning “term deposit” where funds are kept on deposit for an agreed length of time which provides FDIC Deposit Insurance up to applicable limits. CDs are said to have “matured” when their term is up. There is often a penalty for withdrawing your funds before the maturity date, but at Union Bank the interest your CD earns doesn’t have to remain in the CD until maturity. You can choose to deposit the interest you’ve earned automatically into another account, or use your CD as collateral for a loan. Union Bank offers small business CDs with a variety of terms and options tailored to meet your business needs.
Certificate of Deposit Account Registry Service (CDARS®)
Deposits up to $250,000 are insured by the FDIC. When you sign a Certificate of Deposit Account Registry Service (CDARS) agreement with Union Bank, you also receive full FDIC insurance for high-dollar deposits over $250,000.
Watch the video below, for an overview of the CDARS program.

Download Commercial Checking Accounts Comparison Chart
Setting aside your business funds for a defined period of time is a commitment that we don’t take lightly. At Union Bank, you know your money is in good hands – we’ve been in our local communities since 1891 and have no plans of going anywhere. We have friendly, helpful representatives throughout Northern Vermont and New Hampshire, with branch locations in Berlin, Fairfax, Hardwick, Jeffersonville, Jericho, Johnson, Lyndonville, Morrisville, St. Albans, St. Johnsbury, Stowe, Williston, Groveton, Lincoln and Littleton. Union Bank is a long-established community partner that understands the local business environment. Our friendly staff is always available to discuss the best financial solutions for your business needs. Call us or stop by today to check out our current business CD rates.
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