marlinbank.commarlin capital solutions | Marlin Business Bank

Skip To Content Created with Sketch. Menu About Us Get Financing Offer Financing Help Center Search Apply Contact Login MyMarlin Login MarlinNet Login LeaseRep Login About Us Who Is Marlin? Community Industries Reviews Leadership Investors News and Events Marlin Business Bank Careers Need to speak with a representative? Please be advised that current wait time is 1-2 hours. 1.888.479.9111 The fastest ways to manage your account. Marlin customers: call our automated phone system (888) 236-240 or log in to MyMarlin . Visit our new Electronic Service Center to learn how. Get Financing Why Finance with Marlin? Customer Tools Business Financing Solutions Customer Resources Need to speak with a representative? Please be advised that current wait time is 1-2 hours. 1.888.479.9111 Has your business been impacted by the COVID-19 crisis? Submit a Request for Payment Relief . Offer Financing Why Partner with Marlin? Partner Resources Partner Solutions Broker Services Partner Tools Need to speak with a representative? Please be advised that current wait time is 1-2 hours. 1.888.479.9111 Get on the fa$tTrak to more sales. Did you know your customers can quickly, easily apply for financing online or via mobile device, using your own unique URL? Learn more. Help Center NEW! Electronic Service Center FAQs Contact Need to speak with a representative? Please be advised that current wait time is 1-2 hours. 1.888.479.9111 The fastest ways to manage your account. Marlin customers: call our automated phone system (888) 236-240 or log in to MyMarlin . Visit our new Electronic Service Center to learn how. Search Search Marlin Business Bank Apply for a CD 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 Our competitive rates for business and personal certificates of deposit help your earnings grow. See 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 Maximize Your Savings with Great CD Rates Earn more on the money you save when you open a CD account with Marlin Business Bank. APPLY 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 by the FDIC. Invest your business savings with an institution that has significant experience and expertise in supporting the small business community. 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. Early withdrawal penalties may apply. Annual Percentage Yields (APY) are subject to change without notice. APYs are accurate as of February 28, 2020. Apply For A CD how to apply Open and fund your CD quickly: Agree to terms and conditions Select your CD Enter your business information (for business accounts) Enter your personal information Set up your account login information Make an electronic deposit from your current checking account Review your information and submit What documents do you need to provide? Current government-issued identification Corporate Resolution (Business CD) Business W-9 Form (Business CD) Voided check with the business name preprinted on the check 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. Frequently Asked Questions Will Marlin Business Bank remind me of the maturity date on my CD? Yes, we will send you a notice prior to maturity. 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. 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. 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 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 2000062839589 Additional Instructions: For the benefit of (credit to): Your Name Your Address 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 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) 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: Government-issued identification Voided check with your name preprinted on the check to setup funding and interest payments. 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: Corporate Resolution (if applicable) Business W-9 Form with tax ID number Voided check with the business name preprinted on the check to setup funding and interest payments. Does Marlin accept personal CDs? Yes. Marlin Business Bank has recently started accepting personal CDs as well as business CDs. What are the interest disbursements for my Certificate of Deposit? Interest on CDs is paid at the earlier of renewal, an...