A safe and reliable way for your business to build a stronger financial future, a Frost CD allows you to invest a fixed amount of money for a specific amount of time — and earn a fixed amount of interest in return. Frost CDs:

  • have no monthly service charge
  • offer competitive interest rates, guaranteed until maturity
  • are automatically renewable at the rate in effect at maturity

MINIMUM BALANCES & INTEREST RATES

BALANCE / TERM APY*
$1,000 - $99,999 / 90 days0.03%
$1,000 - $99,999 / 180 days0.05%
$1,000 - $99,999 / 1 year0.10%
$1,000 - $99,999 / 18 mos0.10%
$1,000 - $99,999 / 2 years0.20%
$100,000 and over / 14 days0.03%
$100,000 and over / 30 days0.03%
$100,000 and over / 60 days0.03%
$100,000 and over / 90 days0.03%
$100,000 and over / 180 days0.06%
$100,000 and over / 1 year0.10%
$100,000 and over / 18 mos0.10%
$100,000 and over / 2 years0.20%

​OPENING YOUR ACCOUNT

To open a CD for your business, call (866) 376-7889 or stop by your local Frost financial center and bring:

  • your company’s Tax ID number (or your Social Security number if Sole Proprietorship)
  • your business entity documents
  • each account signer’s name and personal information (government issued photo ID such as Driver’s License, State ID or U.S. Military ID, Social Security number, and address and job title)
  • the physical address of the principal place of business
  • minimum $50 opening deposit

You may also need to bring:

  • state certificate filings
  • entity meeting minutes authorizing signers

Documentation may vary depending on your type of business. For specific information, please call (866) 376-7889.