of Deposit

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Business Certificates of Deposit (CD’s)

CD’s are excellent for your long-term savings needs because you earn higher yields. Interest can be compounded quarterly and may be added back to the principal or automatically deposited to another Texan Bank account. All CD’s are established with an automatic renewal and a ten day grace period after maturity.

The benefits of a Texan Bank Certificate of Deposit are:

  • Low minimum opening deposit of $1,000 on all terms
  • CD terms ranging from 6 months to 60 months
  • Depositors are FDIC insured up to the maximum amount allowed by law