The rates in this section are effective as of July 1, 2017.

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Business Savings

Account Type Dividend APY*
Business Share Savings 0.10% 0.10%
   

*Annual Percentage Yield.

Minimum daily balance of $100.00 required to earn dividends. Dividends compounded and paid quarterly.

Business Checking

Account Type Min. Daily Balance  Dividend APY*
Basic Business Checking N/A 0.00% 0.00%
Business Plus Checking $1,500 0.50% 0.50%
   

*Annual Percentage Yield.

Dividends compounded and paid monthly. Fees could reduce earnings.

Business Term Share Accounts

Length of Term APY*
6-month 0.40%
12-month 0.65%
24-month 1.10%
48-month 1.30%
60-month 1.60%
   

*Annual Percentage Yield

Dividends compounded and paid monthly. Penalty may be imposed for early withdrawal. Minimum to open and earn dividends $5,000.

Business Tiered Money Market

Tier Balance Dividend APY*
Tier I $1,000 - $14,999.99 0.10% 0.10%
Tier II $15,000 - $24,999.99 0.20% 0.20%
Tier III $25,000 - $74,999.99 0.25% 0.25%
Tier IV $75,000 - $99,999.99 0.35% 0.35%
Tier V $100,000 and up 0.45% 0.45%
   

*Annual Percentage Yield.

Minimum daily balance of $1,000 required to earn dividends. Dividends compounded and paid monthly.