Business Banking Rates
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Business Banking Rates
Business Tiered Money Market
| Tier | Balance | Dividend | APY* |
|---|---|---|---|
| Tier I | $1,000-$14,999.99 | 0.01% | 0.01% |
| Tier II | $15,000-$24,999.99 | 2.96% | 3.00% |
| Tier III | $25,000-$74,999.99 | 2.96% | 3.00% |
| Tier IV | $75,000-$99,999.99 | 2.96% | 3.00% |
| Tier V | $100,000 and up | 2.96% | 3.00% |
Business Checking
| Account Type | Min. Daily Balance | Dividend | APY* |
|---|---|---|---|
| Basic Business Checking | N/A | 0.00% | 0.00% |
| Business Plus Checking | $1,500 | 0.25% | 0.25% |
Business Savings
| Account Type | Dividend | APY* |
|---|---|---|
| Business Share Savings | 0.01% | 0.01% |
Business Term Share Accounts
| Length of Term | APY* |
|---|---|
| 6-month | 1.00% |
| 12-month | 2.20% |
| 24-month | 1.70% |
| 36-month | 1.80% |
| 48-month | 1.90% |
| 60-month | 2.00% |
Business Rates Disclaimer
All rates effective as of: *Annual Percentage Yield
Basic Business Checking
No minimum daily balance or monthly maintenance fee. First 50 deposited items are free per month. Dividends compounded and paid monthly.
Business Plus Checking
Minimum daily balance of $100.00 required to open. Minimum daily balance of $1,500 to earn dividends and avoid $5.00 monthly maintenance fee. First 100 deposited items per month are free. Dividends compounded and paid monthly. Fees could reduce earnings.
Business Savings
Minimum daily balance of $100.00 required to earn dividends. Dividends compounded and paid quarterly.
Business Tiered Money Market
Minimum daily balance of $1,000 required to earn dividends. Dividends compounded and paid monthly.
Business Term Share Accounts
Minimum to open and earn dividends $5,000. Dividends compounded and paid monthly. Penalty may be imposed for early withdrawal.
Rates may be subject to change without notice.
