Many companies want to maximize the return on their excess business cash. FNCB can help you accomplish this with our business savings accounts and certificates of deposit (CDs). These investment vehicles enable you to earn competitive rates of return on excess business funds while still maintaining the liquidity you need for daily working capital expenses.
Money invested in FNCB business savings accounts and CDs is insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000. Click the links below to learn more about the business savings account and CD options available from FNCB:
This account pays a competitive interest rate according to a tiered variable rate schedule: The higher your balance, the more interest you’ll earn.
Your business will receive a guaranteed fixed interest rate on savings for the term of this CD, which ranges from three months to five years. This provides you with a degree of certainty with regard to the return on your investment.
With this option, you can make additional deposits to your Fixed Rate CD. The term of the CD is 12 months, and additional deposits receive a guaranteed fixed rate for the term of the CD.
CDARS® is one of the safest and smartest investment vehicles for investors looking to protect their large-dollar investments while earning CD-level returns that may compare favorably to Treasury and money-market-fund yields.
CDs placed through CDARS offer investors (including institutional investors, such as corporations, foundations, and endowments):
Investing through CDARS can be a strong alternative to Treasuries. Like Treasuries, FDIC insurance is backed by the full faith and credit of the U.S. government.