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Gate City Bank

Business CD Rates

Business Certificate of Deposit Rates

Effective Date: Thursday, April 3, 2025

Business Certificate of Deposit Rates

Term*Annual Percentage YieldInterest Rate
1 Year1.60%1.60%
2 Years1.50%1.50%
30 month1.40%1.40%
3 Years1.40%1.40%
4 Years1.30%1.30%
5 Years1.20%1.20%
* An early withdrawal penalty may apply to the above certificates of deposit.

Minimum balance required to open account and earn APY is only $1,000 for all Certificates of Deposit (CD's) including the Relationship CD.

Business Relationship Certificate of Deposit Rates

Effective Date: Thursday, April 3, 2025

Business Relationship Certificate of Deposit Rates

Term*Annual Percentage YieldInterest Rate
1 Year1.70%1.70%
2 Years1.60%1.60%
30 month1.50%1.50%
3 Years1.50%1.50%
4 Years1.40%1.40%
5 Years1.30%1.30%

* An early withdrawal penalty may apply to the above certificates of deposit.

Minimum balance required to open account and earn APY is only $1,000 for all Certificates of Deposit (CD's) including the Relationship CD.