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Tools & ResourcesBusiness Account Rates
Business Savings
Effective as of 4/18/2024
| Interest Rate | Annual Percentage Yield (APY) | Minimum Balance to Open & Earn APY |
|---|---|---|
| 0.05% | 0.05% | $10.00 |
APY=Annual Percentage Yield
Fees may reduce earnings. Variable rate may change after account is opened. Certain restrictions may apply.
Fees may reduce earnings. Variable rate may change after account is opened. Certain restrictions may apply.
Business Money Market
Effective as of 4/18/2024
| 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 4/18/2024
| 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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