Business Certificates of Deposit

Sandy Spring Bank has a variety of CDs to meet your savings needs and performance is guaranteed when you lock in one of our competitive fixed interest rates. To lock in one of our FDIC-insured CDs, simply select the product and term that best supports your company's financial goals.

Open a Sandy Spring Bank CD! Click the links below to apply online or visit a Sandy Spring Bank branch.

CD Specials

Term Minimum Opening Balance Rate  
8-Month
CD Special »		 $500

5.00%1 APY*

Apply Now
14-Month 
CD Special »		 $2,500

4.25%2 APY*

Apply Now

Not sure that CDs meet your business' savings needs? Learn more about our Business Premier Money Market. 

Current CDs

 Check our current rates. »

Term Minimum Opening Balance  
6-Month $1,000 Apply Now
12-Month $1,000 Apply Now
18-Month $1,000 Apply Now
24-Month $1,000 Apply Now
30-Month $1,000 Apply Now
36-Month $1,000 Apply Now
48-Month $1,000 Apply Now
60-Month $1,000 Apply Now

 

Use Business Online Banking and Mobile Banking to manage your certificate of deposit.

Interested in a Sandy Spring Bank Business CD? 

Request an Appointment 

Visit a Sandy Spring Bank branch or apply online above.

Check our current rates: 

LEARN MORE

  • Disclosure

    *Annual Percentage Yield (APY) is accurate as of 05/17/2023. The annual percentage yield assumes interest is credited monthly and remains on deposit until maturity. Deposit must originate from a non-Sandy Spring Bank account. Penalties for early withdrawal may apply. A withdrawal of interest will reduce earnings. For other provisions applicable to your account, please see  Commercial Deposit Account and Electronic Banking Agreement and if you are opening an account, your Receipt.

    1The 8-Month Special CD has a minimum opening deposit of $500. Maximum deposit is $1,000,000. The CD will automatically renew for a 12-month term from the initial and each succeeding maturity date at the interest rate then being offered by us for your type of account.
    2The 14-Month CD Special has a minimum opening deposit of $2,500. Maximum deposit is $1,000,000. The CD will automatically renew for an 18-month term from the initial and each succeeding maturity date at the interest rate then being offered by us for your type of account.