Certificate Deposit (CD)

You can receive higher interest rates than many other savings products with flexible terms ranging from 90 days to 5 years by purchasing a Vision Bank Certificate of Deposit. There is no fee to open a CD and most accounts are FDIC insured up to $250,000.

Open a CD for your business. Contact Vision Bank at (888) 332-5132, send us an email visit one of our convenient locations to learn more.

What to bring when opening a CD

Sole Proprietorship:

  • Valid government issued photo identification of owner
  • One (1) form of ID from each authorized signer
  • Social Security Number of Sole Proprietor or Federal Tax ID Number (TIN/EIN)
  • $1000 opening deposit

General Partnership:

  • One (1) form of ID from each authorized signer
  • Partnership agreement signed by all partners and/or Certificate of Partnership
  • Copy of the letter from the IRS assigning the tax identification number
  • $1000 opening deposit

Limited Partnership:

  • One (1) form of ID from each authorized signer
  • Limited Partnership Agreement and/or Certificate of Partnership
  • Copy of the letter from the IRS assigning the tax identification number
  • $1000 opening deposit

Limited Liability Partnership

  • One (1) form of ID from each authorized signer
  • Management Agreement, Operating Agreement, or Partnership Agreement identifying all partners and percentage of ownership
  • Copy of the letter from the IRS assigning the tax identification number
  • $1000 opening deposit

Limited Liability Company:

  • One (1) form of ID for each authorized signer
  • Certificate of LLC
  • Articles of Organization, if available
  • By-laws or Operating Agreement, if available
  • Limited Partnership Agreement and /or Certificate of Partnership
  • Copy of the letter from the IRS assigning the tax identification number
  • $1000 opening deposit

Corporation:

  • One (1) form of ID from each authorized signer
  • Certificate of Incorporation
  • Articles of Incorporation
  • By-laws
  • Copy of the letter from the IRS assigning the tax identification number
  • $1000 opening deposit

Association or Non-Profit Organization:

  • One (1) form of ID from each authorized signer
  • Copy of the letter from the IRS assigning the tax identification number
  • Minutes of the group's meeting indicating directive to open account and authorized signers
  • $1000 opening deposit

To get a Tax ID Number call (866) 816-2065

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