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FirstMerit Certificates of Deposit
It's easy for your business to invest in a FirstMerit Certificate of Deposit. You may choose your own term and the interest payment options that best fit your needs.
  • Your choice of terms, from 30 days to 5 years
  • Safe, secure, FDIC-insured¹ investment
  • A choice of interest payment options — monthly, quarterly, etc.
  • Minimum investment of $1,000
  • Higher balances may earn higher interest
  • Penalty for early withdrawal

¹ FDIC Insured up to allowable limit

FirstMerit Jumbo Certificates of Deposit
When you have more to invest, take advantage of our Jumbo CDs for businesses:
  • Your choice of terms, from 7 days to 12 months
  • Interest earned is paid at maturity
  • Several options for interest distribution, which can be:
    • Added to the principal
    • Paid by check
    • Credited to your business checking or savings account
  • Minimum investment of $100,000
  • CD can be renewed automatically
  • Penalty for early withdrawal