
Commercial CDs
Certificates of Deposit (CD’s) *
MetroBank’s Certificates of Deposit accounts are a safe and secure way to earn a return on your investment.
- Maturities for CD’s range from 30 days to 2 years
- Minimum balance to open an account is $2,500.00
- You must maintain a minimum balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield (APY).
- Interest will not be compounded; interest will be credited as selected (monthly, quarterly, semiannually, annually, or at maturity)
- Interest earned over one year cannot remain on deposit and payout of the interest is mandatory
- We use the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day
- A penalty may be imposed for withdrawals before maturity
- Free online banking
* Interest begins to accrue on the business day you deposit non-cash items (for example, checks)

