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Gate City Bank

Business CD Rates

Business Certificate of Deposit Rates

Effective Date: Tuesday, July 7, 2020

Business Certificate of Deposit Rates

Term*Annual Percentage YieldInterest Rate
1 Year0.60%0.60%
2 Years0.70%0.70%
30 month0.75%0.75%
3 Years0.80%0.80%
4 Years0.90%0.90%
5 Years1.10%1.10%
* An early withdrawal penalty may apply to the above certificates of deposit.

Minimum balance required to open account and earn APY is only $1,000 for all Certificates of Deposit (CD's) including the Relationship CD.

Business Relationship Certificate of Deposit Rates

Effective Date: Tuesday, July 7, 2020

Business Relationship Certificate of Deposit Rates

Term*Annual Percentage YieldInterest Rate
1 Year0.70%0.70%
2 Years0.80%0.80%
30 month0.85%0.85%
3 Years0.90%0.90%
4 Years1.00%1.00%
5 Years1.20%1.20%

* An early withdrawal penalty may apply to the above certificates of deposit.

Minimum balance required to open account and earn APY is only $1,000 for all Certificates of Deposit (CD's) including the Relationship CD.