busines certificates of deposit

 

Business Certificate of Deposit Plans

PRODUCT RATE INFORMATION MINIMUM BALANCE INTEREST RATE TIERS FIXED TERMS AVAILABLE

Certificate of Deposit

Fixed Rate1 $3,000 $1,000 -   $2,499.99
$2,500 - $49,999.99
$50,000 - $99,999.99
$100,000 and over
30 Days - 36 Months

 

  • ¹ Interest rate set by Los Angeles National Bank at the beginning of term, fixed for the term.  Simple interest calculated on a 365-day basis, paid either monthly, quarterly or at maturity at customer’s request.
  • These accounts are available to Sole Proprietors, Partnerships, and Corporations.
  • We are required to assess substantial penalties for the early withdrawal of funds from time deposit accounts.
  • For a complete description of our business certificate of deposit products and services, including information concerning interest rates and calculation methods, early withdrawal penalties, and compounding and disposition of interest, please contact us.

FDIC Insured.

 

 

Certificates of Deposit

These accounts offer fixed interest rates for fixed terms. The Bank sets the rate at the beginning of the term, fixed for the term. Terms available up to 36 months. An initial deposit of $3,000 is required to open these accounts. We are required to assess substantial penalties for the early withdrawal of funds from these accounts. These accounts are available to Sole Proprietorships, Partnerships and Corporations.

Account Benefits

  • Competitive interest rate
  • Interest checks available monthly, quarterly or at maturity
  • Interest may be transferred to an LANB transaction account
  • FDIC Insured