Commercial Savings Accounts and Certificates of Deposit
North Side Federal offers businesses commercial savings accounts, ideal for setting aside excess funds either for the short term or for a specific business purpose. North Side Federal also offers certificates of deposit (CDs) at competitive rates for a variety of terms. Certificates are federally insured and guarantee a positive rate of return, making them dependable investments for your business.
Commercial Savings Accounts
Terms for commercial savings accounts include:
- Competitive rates
- A opening and minimum balance of $500.00
- A $5.00 monthly maintenance fee if the account falls below the minimum balance
Compliment your savings with free online banking.
Commercial Certificates of Deposit
Certificates of deposit are offered in the following terms, each with a minimum balance of $2,000.00:
- 6 Months
- 12 Months
- 18 Months
- 24 Months
- 30 Months
- Four Years
- Eight Years
Consider using our certificates of deposit as investment vehicles for your retirement program.
To learn more, please call us at 773-561-7051 or visit us at the corner of Clark and Foster in Chicago. For additional information, refer to our rates and disclosures as well as our terms and conditions.