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Citizens Bank business CD rates

Citizens Bank offers 6 business CD terms. The highest rate is 4.40% APY on the 9 months CD, which needs $25,000 to open. Rates were last checked November 9, 2026.

Rates by term

Citizens Bank business CD rates by term
TermAPYOpen withEarly withdrawal
3 months3.75%$25,00090 days of interest
6 months0.03%$25,00090 days of interest
9 months4.40%$25,00090 days of interest
1 year0.03%$25,000180 days of interest
15 months0.03%$25,000180 days of interest
18 months0.03%$25,000180 days of interest

APY means the yearly yield with compounding. The bank can change rates on new CDs at any time. A CD you already hold keeps its rate until the term ends.

How it works

Minimum to open
$25,000
Maximum deposit
$1,000,000
Interest
Not published
Rate type
Not published
At the end of the term
Renews on its own; 10 days to withdraw without penalty
Adding money later
Not allowed
How to open
Not published
Deposit insurance
Insured by the FDIC

What the bank says about early withdrawal: $50 transaction penalty plus the greater of 90 calendar days' interest on the amount withdrawn or half the remaining interest to be earned on the withdrawn amount.

Conditions that apply:
  • You need a qualifying Citizens business checking account.
  • Offered in 15 states and Washington, DC.
  • Only the 3-month and 9-month terms pay a competitive rate. The bank shows 0.03% for the other terms.

How we checked: this bank's pages block automated reading, so the rates were read in a regular browser session on November 9, 2026. We cannot re-check them automatically, so they stay up for a shorter time.

Check these before you open

  • Confirm today's rate with the bank. Rates change without notice.
  • Make sure your type of business can open one.
  • Write down the maturity date and the number of days you get to withdraw without a penalty.
  • Read the bank's account agreement.
Go to Citizens BankReport a correction

Common questions

What are Citizens Bank's business CD rates?

3 months 3.75%, 6 months 0.03%, 9 months 4.40%, 1 year 0.03%, 15 months 0.03%, 18 months 0.03% APY, as of November 9, 2026.

How much does it cost to open a Citizens Bank business CD?

The page we read says $25,000 to open.

What if I take money out of a Citizens Bank business CD early?

The bank says: $50 transaction penalty plus the greater of 90 calendar days' interest on the amount withdrawn or half the remaining interest to be earned on the withdrawn amount.

Where this comes from

Each fact was copied from the bank's own page. Where the bank allows it, we check it against the page again on a schedule.