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BUSINESS CERTIFICATES OF DEPOSIT (CD)

Open a business CD and earn up to 3.80% APY1

Flagstar Business CDs offer attractive interest rates that can help your business accelerate savings for short and long-term financial goals. Enjoy a locked-in interest rate and the guarantee of FDIC insurance.2

Get started
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Which one of our business CD rates is right for you?

3.70% APY3

$2,500 minimum opening deposit

6-Month CD

Make sure your money’s working as hard as you are.

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3.80% APY1

$500 minimum opening deposit

12-Month CD

Maximize your savings with a rate that’s guaranteed for a year.

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What are the key features of a business certificate of deposit?

  • Locked-in interest rate – Earn competitive business CD rate that won’t change for the entire term.
  • FDIC-insured – Your Flagstar Business CD deposits are federally insured up to $250,000 per depositor.2
  • Low opening deposit – Open a business CD account with a competitive rate for only $500.
  • No monthly fees– Keep more of your earnings with no fees when you hold your CD to maturity.

Access your accounts anytime, anywhere

When business has you on your toes, Flagstar Corporate Connect™ keeps you in control. With our all-in-one business banking online platform, you can check balances and payment history, pay taxes and bills, make stop payments, and more on your schedule.

visit the following URL to download our app from the apple store:https://apps.apple.com/us/app/flagstar-corporate-connecttm/id1527272093 or Visit the following URL to download our app the Android URL https://play.google.com/store/apps/details?id=com.obs.android.olm.nycb.prod&hl=en-US

Scan this code with your phone’s camera to download the Flagstar Corporate Connect™ App.

Learn more
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Business CD FAQs

A business certificate of deposit (CD) is a secure, fixed-term savings product that allows your business to earn a guaranteed interest rate for a set period of time. It’s ideal for companies that want to grow excess cash without taking on risk.

You choose a term length—typically from a few months to several years—and deposit funds that remain locked in for that period. When the CD matures, you’ll receive your original deposit plus the interest earned at the fixed rate you selected.

Business CDs generally offer higher interest rates than traditional savings or money market accounts because you agree to keep your funds deposited for a set term. The longer the term, the higher the potential rate.

At maturity, you can withdraw your funds, renew the CD, or open a new one with a different term. Flagstar will notify you in advance of your maturity date so you can choose what’s best for your business.

Yes! Flagstar Business CDs a are FDIC-insured, which means customer deposits are insured up to at least $250,000 per depositor for each deposit category.2

Connect with a Small Business Consultant

Let Flagstar handle optimizing your cash flow, streamlining payments and receivables, ensuring reliable access to capital, and finding solutions ahead of hurdles, so you can focus on growing your business.

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Ease

Unlock tailored solutions that hit all the marks and pave your path to tomorrow’s success.

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Expertise

Leverage our consultants’ strong business backgrounds, specialized knowledge, and practical insights.

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Empowerment

Make clear, confident financial decisions that help create the future you’ve been working toward.

Fill out the form below to connect with us or visit your local branch.

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Related to business CDs

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Business Finance Calculators

Get realistic estimates for your plans with our business finance calculators.
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What is a certificate of deposit (CD) account?

Offering higher interest rates, CD accounts can help grow your savings faster than most traditional savings accounts.
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CD vs. High-Yield Savings: Choose the right account for your goals

Ready to upgrade your savings account? Let’s compare options available to help you earn more interest on your savings.

Important information will be provided to you in the disclosures you receive during the account opening process.

12 Month Business CD

1Annual Percentage Yield (APY). 3.80% APY is accurate as of 6/4/2026 and available as a 12-month term. Fees could reduce earnings. Withdrawals may result in imposition of applicable early withdrawal penalties. $500 minimum opening deposit required. Maximum deposit is $10 million. 'New Money' is defined as funds that are not currently deposited in any account at Flagstar Bank. Not available for public units or Business CDs. Certain restrictions, including area restrictions, may apply. Offer subject to change or cancellation at any time without notice. Must present offer at account opening. Limited-time offer. Important information will be provided to you in the disclosures you receive during the account opening process. Please contact your local branch for more information.

2Visit fdic.gov for more information about FDIC insurance coverage.

6-Month Business CD

3Annual Percentage Yield (APY). 3.70% APY is accurate as of 6/4/2026 and available as a 6-month term. Fees could reduce earnings. Withdrawals may result in imposition of applicable early withdrawal penalties. $2,500 minimum opening deposit required. Maximum deposit is $10 million. Deposited funds must be “new money,” which is defined as money that is not currently on deposit in any Flagstar Bank account (except maturing CDs). Not available for public units. Certain restrictions, including area restrictions, may apply. Offer subject to change or cancellation at any time without notice. Limited time offer. Important information will be provided to you in the disclosures you receive during the account opening process. Please contact your local branch for more information.