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Business Account Rates
Business Savings
Effective as of 7/27/2024
| Interest Rate | Annual Percentage Yield (APY) | Minimum Balance to Open & Earn APY |
|---|---|---|
| 0.05% | 0.05% | $10.00 |
Business Money Market
Effective as of 7/27/2024
| Balance | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|
| $0 - $9.99 | 0.00% | 0.00% |
| $10.00 - $24,999.99 | 0.05% | 0.05% |
| $25,000 - $99,999.99 | 0.10% | 0.10% |
| $100,000.00 - $499,999.99 | 0.15% | 0.15% |
| $500,000.00 and above | 0.20% | 0.20% |
APY=Annual Percentage Yield
Minimum balance to open and earn APY is $10.00.
Business Certificate of Deposit
Effective as of 7/27/2024
| Term | Interest Rate | Annual Percentage Yield (APY) | Minimum to Open & Earn APY |
|---|---|---|---|
| 6 months | 0.35% | 0.35% | $1,000.00 |
| 7 months - SPECIAL | 4.89% | 5.00% | $1,000.00 |
| 9 months | 4.17% | 4.25% | $1,000.00 |
| 11 months -SPECIAL | 4.89% | 5.00% | $1,000.00 |
| 12 months | 0.35% | 0.35% | $1,000.00 |
| 18 months | 4.00% | 4.07% | $1,000.00 |
| 24 months | 4.41% | 4.50% | $1,000.00 |
| 36 months | 4.41% | 4.50% | $1,000.00 |
| 48 months | 4.41% | 4.50% | $1,000.00 |
| 60 months | 4.41% | 4.50% | $1,000.00 |
APY=Annual Percentage Yield
Penalties may be imposed on early withdrawals. Fees may reduce earnings. Rates are subject to change without notice.
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