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Commercial Certificates of Deposit, or CDs, are a great tool to help your business plan and save for its future. Choosing a short term certificate may help you achieve the additional capital you need to expand in six months. Or a longer-term certificate may help you set money aside for annual taxes. Whatever your reasons, the professionals at Black Hills Community Bank will help strengthen the financial foundation of your business.
Have you heard about EDIE?
EDIE can be used to calculate the insurance coverage of all types of deposit accounts offered by an FDIC-insured bank, including:
- Checking Accounts
- Savings Accounts (both statement and passbook)
- Money Market Deposit Accounts (MMDAs), and
- Certificates of Deposit (CDs)