Business Account Rates

Business Savings

Effective Date: Saturday, July 4, 2020

Business Savings

Interest RateAnnual 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.

Business Money Market

Effective Date: Saturday, July 4, 2020

Business Money Market

Balance Interest Rate Annual Percentage Yield (APY)
$0 - $9.990.00%0.00%
$10.00 - $24,999.990.05%0.05%
$25,000 - $99,999.990.10%0.10%
$100,000.00 - $499,999.990.15%0.15%
$500,000.00 and above0.25%0.25%

APY=Annual Percentage Yield

Minimum balance to open and earn APY is $10.00.

Business Certificates of Deposit

Effective Date: Saturday, July 4, 2020

Business Certificates of Deposit

TermInterest RateAnnual Percentage Yield (APY)Minimum to Open & Earn APY
3 months0.10%0.10%$1,000.00
6 months0.30%0.30%$1,000.00
12 months0.30%0.30%$1,000.00
18 months0.40%0.40%$1,000.00
24 months0.50%0.50%$1,000.00
36 months0.50%0.50%$1,000.00
48 months0.50%0.50%$1,000.00
60 months0.50%0.50%$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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