Business Certificates of Deposit
Looking for a safe home for your business savings? Principal Bank Certificates of Deposit are designed to meet the short and long-term investment needs of your business. Rest easy - Certificates of Deposit offer a guaranteed rate of return and are FDIC insured.
- $5,000 minimum investment to open
- Terms from 3-72 months available
- Monthly compounding, so your money grows faster
- Interest may be deposited into a Principal Bank account, added to the CD, or transferred to your checking or savings account at another financial institution
- FDIC insured up to $100,000 per depositor
Change A Rate CD
Have a feeling rates are going up and don't want to lock in at current rates? Then don't. Open a Change A Rate CD and get a great rate now PLUS the opportunity to increase your interest rate one time during the initial term.
- $5,000 minimum investment
- 26-month term
- Monthly compounding
- Interest may be deposited into a Principal Bank account, added to the CD, or transferred to your account at another financial institution
- One-time rate option to increase the rate for the remainder of the original term to the 24-month rate offered at the time of the requested increase
- Automatically renews to 24-month term at maturity
- Change rate online in Documents & Forms or call a business banker, Monday - Friday from 7:00 a.m. to 7:00 p.m. (CST) at 1.800.672.3343, option 1, ext. 49719.
- FDIC-insured up to $100,000 per depositor
To open an account, call a business banker at 1.800.672.3343 and select option 1, ext. 49719. We're here to assist you Monday-Friday 7 AM to 7 PM (Central time).
