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:
Click here to see a comparison chart of the Business Savings Accounts that we offer.
Click here to see a comparison chart of the Business Certificate of Deposits that we offer.
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.
Minimum deposit amount is $1,000.00.
Wide variety of terms.
Account offers a guaranteed fixed rate for the term of the CD.
Interest compounds quarterly.
Interest can be credited to the CD or to a FNCB checking or savings account or paid by check.
CDARS — Access to
multi-million-dollar FDIC insurance
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):
Access to multi-million-dollar FDIC insurance;
The ease of working through one trusted relationship, earning one rate per maturity, and receiving consolidated statements;
The ability to forego ongoing collateral tracking;
The power of daily compounding; and
A finite maturity date (in contrast to auction-rate or some adjustable-rate securities).
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.