Secure your business' large deposits with FDIC insurance up to $50 million
Business Insured Advantage CD
Is your business seeking a certificate of deposit
, that is FDIC insured for large denomination deposits? Then, the EverBank® Insured AdvantageSM Certificate of Deposit is worth investigating. Providing FDIC insurance on deposits up to $50 million,1 our business and individual banking clients select this CD knowing that their deposits are protected. And earning high yields, too. Distinctly unique, since traditional CDs typically are FDIC insured up to $250,000 (through December 31, 2009)—you'll also enjoy the convenience and efficiency of working with just one bank on large denomination deposits.
- You strategically anticipate every outcome. We offer protection from every angle.
Insured AdvantageSM CDs can offer you the following benefits:
- FDIC insurance on deposits up to $50 million.1
- High-yield interest rates.
- Convenience of working with one bank for amounts that aren't customarily FDIC insured at one location—no need to deal with several institutions or manage multiple accounts.
- Open with a $10,000 minimum deposit.
- Choice of terms from 3 months to 3 years.
- Reminder sent to you 15 days prior to CD maturity.
A high yield plus large deposit
FDIC insurance. A great match.
1-year CD 3.71% APY2
How can I be sure that the Business Insured Advantage CD is right for me?
If you have funds that you won't need for a period of time and want FDIC protection for your large denomination deposits, then this CD might be right for you. While CDs are generally risk-free, one factor you might consider is liquidity—your business funds will be committed until maturity (penalties apply for early withdrawals). If liquidity is a necessity and you want FDIC insurance for deposits up to $250,000 (through Decemeber 31, 2009), then we encourage you to explore how our high yield Business Money Market Account could fit your needs.
I'm interested in opening an Insured Advantage CD, what's my next step?
- To open an Insured Advantage CD simply apply online or call 866.371.3831 Option 5 for more information.
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- EverBank, the EverBank Infinity Sphere and EverBank logo, along with Insured Advantage are proprietary service marks of EverBank. All rights reserved.