A solid, stable option for your money with strong returns

As an FDIC-insured institution, Marlin Business Bank® is here to help you build your wealth confidently and securely.

Boost Your Earnings with CDs
Marlin’s competitive rates for business and personal certificates of deposit help your earnings grow.

>>>See CD Rates

Grow Safely, with A Bank You Can Trust
Look forward to tomorrow with confidence, knowing your money is safe and earning interest daily.

>>>Read FAQs

Open A CD
Earn more on the money you save and open a CD account with Marlin Business Bank today!

>>>How to Apply

 Apply for a CD 

A foundation of reliability with a focus on customer service

Our bank holding company, Marlin Business Services Corp. (NASDAQ: MRLN) has been providing financial products to businesses nationwide since 1997. Explore Marlin Business Bank’s variety of business CD products, which offer good value AND are insured the FDIC. Invest your business savings with an institution who has the experience and expertise in supporting the business community.

Maximize your savings with attractive CD rates

Plan for your future with a Marlin Business Bank CD to help you reach your savings and investment goals. Enjoy this FDIC insured CD account, which provides a longer-term savings option offering higher returns and a variety of terms.

CD Term (Months) Minimum Balance APY Rate
12 100,000 2.77 % 2.73 %
24 100,000 3.06 % 3.02 %
36 100,000 3.20 % 3.15 %
48 100,000 3.30 % 3.25 %
60 100,000 3.44 % 3.38 %

Early withdrawal penalties may apply. Annual Percentage Yields (APY) are subject to change without notice. APYs are accurate as of October 1, 2018.

 Apply for a CD 

How to Apply

Open and fund your CD quickly:

  1. Agree to terms and conditions
  2. Select your CD
  3. Enter your business information (for business accounts)
  4. Enter your personal information
  5. Setup your account login information
  6. Make an electronic deposit from your current checking account
  7. Review your information and submit

What documents do you need to provide?

ALL of the following are required:

  • Current government issued identification
  • Corporate Resolution (Business CD)
  • Business W-9 Form (Business CD)
  • Voided check with the business name preprinted on the check

These documents must be completed and faxed to 1-856-813-2879 or emailed to docs@marlinbank.com to complete the account opening process.

Before you start:

  • You’ll need your checkbook in order to complete the bank information section of the application. The bank information is used solely to transact the payment of interest and redemption of principal on your account, or fund the account if you choose ACH as the funding method.
  • Business CDs cannot be used for trust, power of attorney, beneficiary or individual retirement accounts and are not available for money service businesses (MSB) or Internet gambling businesses.
  • As with any CD, should you decide to withdraw your deposit before the end of the term, certain penalties will apply. The penalty will be the greater of half of the interest that would be earned for the term of the certificate of deposit on the amount withdrawn or seven days’ interest.

 Apply for a CD 

Frequently Asked Questions

Marlin Business Bank® strives to make it easy to grow your capital, but sometimes you have questions.

Click on a question below to find out the answer. If you don’t see your question, feel free to contact a banking professional here.


How is interest calculated on a Certificate of Deposit?
Interest on your CD is compounded daily. Interest will be paid by ACH credit to your checking account.

Is there a penalty for early withdrawal?
As with any CD, there is a penalty for withdrawal of principal prior to the maturity date.

The penalty will be the greater of half of the interest that would be earned for the term of the certificate of deposit on the amount withdrawn, or seven days’ interest.

What are the interest disbursements for my Certificate of Deposit?
Interest on CDs is paid at the earlier of renewal, annually or at account closing.

Does Marlin accept personal CDs?
Yes. Marlin Business Bank has recently started accepting personal CDs as well as business CDs.

What type of documents do I need to open a business CD account?
To open a business CD Account, you’ll need to provide us with certain documentation:

  1. Corporate Resolution (if applicable)
  2. Business W-9 Form with tax ID number
  3. Voided check with the business name preprinted on the check to setup funding and interest payments.

What type of documents do I need to open a personal CD account?
To open a personal CD Account, you’ll need to provide us with certain documentation:

  1. Government-issued identification
  2. Voided check with your name preprinted on the check to setup funding and interest payments.

How do I open a CD?
Opening a CD is quick, easy and convenient. Simply visit our website here, then click on the Open An Account Today button. Follow the instructions to open an account online and make sure to have the following documents on hand:

  • Social Security Number (for identification purposes)
  • Driver’s license or other valid state or military picture identification
  • Your existing business checking account information and routing number to setup funding and interest payments
  • Business Tax ID number (for business CDs)

How do I submit my required documents?
Once you have completed your deposit account online, you have 60 calendar days to provide us with a few required documents before your account can be approved. You must deliver the required documents via Fax (1-856-813-2879), email them to docs@marlinbank.com or upload the documents as instructed during the application to complete the account opening process.

How do I fund my CD?
Funding your Marlin Business Bank CD is easy. Marlin prefers ACH, but check and wire information is included below if you cannot do an ACH. Please contact us with questions at (856-505-4116)

  • ACH Transfer – One of the easier ways to fund your CD. Electronically transfer your funds by supplying your bank’s routing number and your account number during the application process. Just have a bank check handy when signing up.
  • Check – You can fund your account by check, just mail it to:
    Marlin Business Bank
    ATTN: Deposit Services
    2795 E. Cottonwood Pkwy
    Suite 120
    Salt Lake City, UT 84121
  • Wire – You can elect to wire money to fund your Marlin Business Bank CD. Just use the information below:
Bank Name: Wells Fargo, NA
Bank Address: 255 2nd Ave South
Minneapolis, MN 55479
Bank Tel: 800-745-2426
Routing/Transit #: 121000248
Beneficiary Account #: Credit: Marlin Business Bank
Additional Instructions: For the benefit of (credit to):
Your Name
Your Address

Will my Marlin Business Bank CD be FDIC insured?
You can have peace of mind knowing that your deposit is FDIC insured up to the maximum allowable limit. Generally, the coverage limit is $250,000 per depositor, per FDIC-insured bank, per ownership category. For further information on our FDIC insurance, visit www.fdic.gov.

Are there any fees to open or maintain an account?
No. Marlin Business Bank  does not charge opening or maintenance fees. The only fee would be related to an early withdrawal penalty. See question above on penalty for early withdrawal.

How do I know when my CD is open?
You’ll receive an email with your Customer Number, which you will need to access your account, and the Account Number on the last page of the account opening process. Once we receive all required documentation from you and your account is funded, your CD will be officially opened.

Can I add money to my CD once it has been opened?
While you can’t add money to an existing CD, you can open additional CDs at any time.

What happens to my account when my CD matures?
Marlin Business Bank will notify you via email that your CD is scheduled to mature. For your convenience, your CD will automatically renew for the same term as the original term at Marlin Business Bank’s posted rates on the date of your renewal. If you do not want your Marlin Business Bank CD to renew automatically, you should notify us prior to the maturity date of the CD by calling us at 856-505-4116 or emailing us at info@marlinbank.com.

Will Marlin Business Bank remind me of the maturity date on my CD?
Yes, we will send you a notice prior to maturity.

 Apply for a CD