Business Account Rates

Business Savings

Effective Date: Saturday, July 20, 2019

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 20, 2019

Business Money Market

Balance Interest Rate Annual Percentage Yield (APY)Minimum Balance to Open & Earn APY
$0 - $9.990.00%0.00%$0.00
$10.00 - $24,999.990.50%0.50%$10.00
$25,000 - $99,999.990.75%0.75%$10.00
$100,000.00 - $499,999.991.10%1.11%$10.00
$500,000.00 and above1.70%1.71%$10.00

APY=Annual Percentage Yield

 

Business Certificates of Deposit

Effective Date: Saturday, July 20, 2019

Business Certificates of Deposit

TermInterest RateAnnual Percentage Yield (APY)Minimum to Open & Earn APY
3 months0.05%0.05%$1,000.00
6 months0.26%0.26%$1,000.00
12 months1.00%1.00%$1,000.00
13 months1.98%2.00%$1,000.00
15 months2.23%2.25%$1,000.00
18 months1.24%1.25%$1,000.00
24 months0.70%0.70%$1,000.00
36 months2.37%2.40%$1,000.00
48 months1.14%1.15%$1,000.00
60 months1.98%2.00%$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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