CERTIFICATES OF DEPOSIT

A Certificate of Deposit (CD) is a savings certificate that entitles the holder to receipt of interest. CDs tend to offer higher interest rates than traditional savings accounts because the holder commits to a fixed rate for a set term. 
 
Business CD < $100,000

Presidio Bank offers CDs in terms from 7 days to 5 years with a minimum investment of $10,000 for amounts under $100,000.

Our Certificates of Deposits (CDs) provide a secure place for your business to invest your money.  You can invest funds for chosen periods of time at a fixed interest rate, which allows your business to ride out any interest rate fluctuations that may occur. CDs are useful when your business is:

  • Looking for an investment vehicle with a guaranteed rate for a specific period of time
  • Shopping for an investment with an attractive rate and don't need immediate access to your money
  • Receiving a large sum of money that you would like to invest for a limited time.

Also, since CD interest rates are locked in, you have a sense of security in knowing exactly what you will be receiving in interest. This is why many of our business clients set up CDs as an additional source of income.

Benefits of Business CD's

  • A guaranteed, competitive fixed rate of interest and earnings
  • A choice of term lengths – from seven days to 5 years
  • Flexible interest payment periods (Monthly; Quarterly; Semi-Annually or at Maturity)
  • Flexible Interest payment options (Redeposit into CD; Pay by check; Transfer into Presidio Bank checking or savings account)
  • Funds in Certificates of Deposits are combined with other accounts of the same entity and insured by the FDIC up to current available limit of $250,000

 

Business CD > $100,000

Presidio Bank offers CDs in terms from 7 days to 5 years with a minimum investment of $10,000 for amounts over  $100,000 which provide higher interest rates.

Our Certificates of Deposits (CDs) provide a secure place for business clients to invest their money.  You can invest funds for chosen periods of time at a fixed interest rate that allows you to ride out any interest rate fluctuations that may occur. CDs are useful when you are:

  • Looking for an investment vehicle with a guaranteed rate for a specific period of time
  • Shopping for an investment with an attractive rate and don't need immediate access to their money
  • Receiving a large sum of money that they would like to invest for a limited time.

Also, since CD interest rates are locked in, you have a sense of security in knowing exactly what you will be receiving in interest. This is why many of our clients set up CDs as an additional source of income.

Benefits of Business CD's

  • A guaranteed, competitive fixed rate of interest and earnings
  • A choice of term lengths – from seven days to 5 years
  • Flexible interest payment periods (Monthly; Quarterly; Semi-Annually or at Maturity)
  • Flexible Interest payment options (Redeposit into CD; Pay by check; Transfer into Presidio Bank checking or savings account)
  • Funds in Certificates of Deposits are combined with other accounts of the same entity and insured by the FDIC up to current available limit of $250,000

 

Community Values CD

Presidio Bank’s Community Values CD™ offers businesses and their principles the opportunity to earn our market rates on an FDIC insured* CD while extending their support to qualifying Bay Area not-for-profits. Client's can deposit $100,000 or more on terms from six months to two years, and Presidio Bank will contribute the quarterly equivalent of 0.25% (25 basis points) annualized on the average quarterly principal balance in the account to a Bay Area 501(c)(3) client's choose.

Benefits of a Community Values CD

For every $100,000 invested by your business it means a $250 contribution annually by the bank to their favorite not-for-profit.

  • Innovative means to provide support to a qualified not-for-profit of  your choice
  • Earn our market interest rates
  • The security of FDIC insurance
  • Bonus payment contributed by Presidio Bank of 0.25%**
  • Variable maturities – 6 to 24 months
  • No monthly maintenance fees

** Bonus - At the end of each calendar quarter, Presidio Bank will contribute the equivalent of 25 basis points annualized as a bonus payment based on the average quarterly principle balance in the account, excluding interest accrued but not yet paid, to any qualifying Bay Area nonprofit the depositor chooses.  Presidio Bank reserves the right to approve or disapprove any non-profit from participation in the program.

For further information regarding Certificates of Deposit, please call or visit your local Presidio Bank office.