Marlin Business Bank

Yes, we will send you a notice prior to maturity.

While you can’t add money to an existing CD, you can open additional CDs at any time.

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.

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.

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 2000062839589
Additional Instructions:	For the benefit of (credit to): Your Name Your Address

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 [email protected] or upload the documents as instructed during the application to complete the account opening process.

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)

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.

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.

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

Interest on CDs is paid at the earlier of renewal, annually or at account closing.

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.

Interest on your CD is compounded daily. Interest will be paid by ACH credit to your checking account.