Business CDs, Savings & Money Market
Put your excess funds to work for you with a First Kentucky Bank Certificate of Deposit, Statement Savings, or Money Market Investment Account for Business. Contact us to learn more.
Certificates of Deposit for Business
- Secure, FDIC-insured alternative to volatile investments.
- Standard terms from seven days to five years.
- Competitive interest rates and flexibility to meet the specific needs of your organization.
- Open with a deposit of as little as $500.
- Choose to have the interest you earn reinvested in your CD; have it deposited to your checking, savings, or money market account at First Kentucky Bank; or choose to receive your interest payment by check.
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Statement Savings for Business
- No monthly service charge.
- Open with a deposit as little as $100.
- Interest is earned daily and paid quarterly.
- Detailed account statement is issued quarterly or you may choose our Combined Statement option.
- No minimum balance required.
- Up to five withdrawals allowed per month (there is a $0.50 fee for each withdrawal in excess of five).
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Money Market Investment for Business
- Open with a deposit of as little as $50.
- Interest is paid on all balances, but is tiered so you can earn a premium rate on balances over $2,500. The more you save, the more you earn!
- Interest is credited monthly
- Monthly account statement
- Get free 24/7 account information with Express Online Banking
- ATM card access is available
* There is no monthly service charge when a minimum daily balance of $2,500 is maintained. Otherwise, a $10.00 monthly service charge is applied if the balance falls below $2,500. By law, you are allowed six withdrawals per month from a Money Market Investment account, with no more than three by check to third parties. There is a $5.00 per item fee for each third party check paid in excess of the three allowed per month.
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