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11.13.26|05:56 AM
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Banking Built for Business

From managing cash flow to investing in tomorrow’s growth, banking that helps your business move forward.

Home / Business / Business Accounts / Business Certificates of Deposit (CD)

Business Certificates of Deposit (CD)

Alloy Insurance has proudly worked with ProGrowth Bank for over 20 years. From our very first loan that helped get our business off the ground to supporting the many unexpected needs that come with growth, ProGrowth Bank has been there every step of the way.

Having a local bank with local decision-making has allowed us to take advantage of timely opportunities and navigate challenges with confidence. We’re grateful for their continued support along the way!

Alloy Insurance

9-MONTH CD   4.09% APY*

16-MONTH CD 4.26% APY*

25-MONTH CD 4.35% APY*

37-MONTH CD 4.00% APY*

49-MONTH CD 4.00% APY*

61-MONTH CD 4.00% APY*

Annual Percentage Yield (APY) is accurate as of 10/19/2026

*The APY shown is for fixed-rate CDs under $3,000,000. Minimum balance of $10,000 required to open and obtain the advertised APY. The APY assumes interest and principal remain in account until maturity. Penalty for early withdrawal. Fees could reduce earnings. Not available for Individual Retirement Accounts (IRAs). We reserve the right to decline or limit deposits. Please contact an employee for further information about applicable terms and conditions that may apply.

Call us at 1-888-634-3488, email us or stop in at any one of our locations for more information on this product.

Keep your money working for you. Get a higher a rate of interest with a CD from ProGrowth Bank!
 
With a Certificate of Deposit from ProGrowth Bank you can achieve higher interest rates than a traditional savings account by agreeing to deposit funds for a predetermined amount of time. Find the CD that’s right for your business at ProGrowth Bank.

ProGrowth Bank Certificate of Deposit features and benefits include:

  • CD Terms Available: 182 Days to 60 Months
  • Minimum Opening Deposit: Ranges from $1,000 – $10,000 depending on the term
  • Early Withdrawal Penalty: May Apply

Interest

  • Interest compounded and credited annually on most CDs.
  • Interest paid during the term of an account can be withdrawn before maturity if you make arrangements with us for periodic payments of interest in lieu of crediting.
  • The annual percentage yield (APY) is based on the assumption that interest will remain in the account until maturity. A withdrawal of interest will reduce earnings.
  • Interest is calculated using the daily balance method, which applies a daily periodic rate to the principal in the account each day.

Fees and Rates

Security

Your funds are insured up to the maximum extent allowed by law. You generally will earn more than you would in other types of savings accounts. You pay no sales charges or broker fees. Once you are locked into a CD, whatever happens in the economy, including interest rate drops, will not affect you.