Certificates of Deposit
Offering a stable environment for your Business's money for an
extended period of time. Maximize your earnings with terms ranging from
one month to 60 months. With First Heritage, you also enjoy CDs with
additional advantages:
- Competitive interest rates guaranteed for the entire term
- Establish accounts with a minimum of $1,000
- FDIC insurance for deposits up to $250,000*
- Interest reinvested or distributed monthly
Contact Us Today to Open Your CD
To learn more about First Heritage's current CD rates
and specials or to open an account, please contact any of
our Financial Centers, Connect with a Banker below. We look forward to speaking with you!
The Advantages of a Certificate of Deposit for Your Business
While certificates of deposit require you to leave the funds in the
account untouched for a certain time period, they do offer several
advantages:
- They may earn higher interest rates than money market accounts.
- They give you a place to save additional money from a seasonal influx, larger order or other unexpected or expected event.
- They give you control over when you will receive a surplus of money in the form of interest paid, allowing you to set aside money during busy periods
- so you have extra cash on hand during times when business is slower.
- They prevent you and your team from spending money immediately, giving you time to create a business plan for any surplus.
- They are an asset you can list in your annual report or budget.
Getting Started With CDs
Whether you have extensive experience in the business world
purchasing large and small CDs or whether you're getting ready to buy
your first certificate of deposit as a company, contact First Heritage or
visit one of our financial centers to speak with one of our team
members.
We can help you determine which savings product makes the most
sense for your business. We can explain the full range of financial
products available and assist you in exploring the various types of CDs
which might be a good fit for your business. Our goal is the same as
yours – to make your business succeed.
As a local business ourselves, we understand how local businesses
think. We always treat our business customers as part of the family and
in fact we often work with and patronize the businesses who become our
clients. As the only bank headquartered in Harrisburg, we take our
responsibility to local business seriously.
*FDIC insurance covers deposits up to $250,000 per depositor, per institution, per ownership category.