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Business Rates

Current Business Rates

Rates effective as of Tuesday, December 24, 2019
 

Business High Yield Money Market

Minimum to earn APY* Compounding Minimum to open Interest Rate APY*
$100,000 + Daily $25 1.83% 1.85%
$50,000-$99,999.99 Daily $25 1.49% 1.50%
$25,000-$49,999.99 Daily $25 1.49% 1.50%
$10,000-$24,999.99 Daily $25 1.49% 1.50%
$.01-$9,999.99 Daily $25 .25% .25%
*APY = Annual Percentage Yield. This rate applies to business accounts depositing new money (outside funds) into the Business High Yield Money Market Account. Fees could reduce earnings.This offer is subject to change at any time. A $5 monthly maintenance fee will be assessed on balances less than $5,000. Federal regulations limit the number of electronic and check transactions you can make with your Money Market account to six transfers or withdrawals per monthly statement cycle. If you exceed these limits, a $5.00 excess activity fee may be assessed on each item after 6. 
 

Certificate of Deposit  (Non-Personal) 

CD Terms Compounding Minimum  to open  and  earn APY* Interest Rate APY*       
3 months Not compounded $2,500 .20% .20%
6 months Not compounded $2,500 .35% .35%
12 months Daily $1,000 1.35% 1.36%
24 months Daily $1,000 2.00% 2.02%
36 months Daily $1,000 1.83% 1.85%
48 months Daily $1,000 1.83% 1.85%
60 months Daily $1,000 1.83% 1.85%
 *APY= Annual Percentage Yield.  † An early withdrawal penalty may be imposed and could reduce earnings. Fees could reduce earnings.
 

Statement Savings (Non-Personal)

Minimum to earn APY* Compounding Minimum to  open Interest Rate APY*
$100,000+ Daily $25 .15% .15%
$50,000 - $99,999.99 Daily $25 .15% .15%
$25,000 - $49,000.00 Daily $25 .15% .15%
$10,000 - $24,999.99 Daily $25 .15% .15%
$.01 - $9,999.99 Daily $25 .15% .15%
*APY = Annual Percentage Yield.  ** Rates may change at any time.  Fees could reduce earnings.