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Business Rates

Current Business Rates

Rates effective as of Wednesday, July 15, 2020
 

Business High Yield Money Market

Minimum to earn APY* Compounding Minimum to open Interest Rate APY*
$100,000 + Daily $25 .65% .65%
$50,000-$99,999.99 Daily $25 .50% .50%
$25,000-$49,999.99 Daily $25 .50% .50%
$10,000-$24,999.99 Daily $25 .50% .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.
 

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 .50% .50%
24 months Daily $1,000 .50% .50%
36 months Daily $1,000 .50% .50%
48 months Daily $1,000 .50% .50%
60 months Daily $1,000 .65% .65%
 *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 .10% .10%
$50,000 - $99,999.99 Daily $25 .10% .10%
$25,000 - $49,000.00 Daily $25 .10% .10%
$10,000 - $24,999.99 Daily $25 .10% .10%
$.01 - $9,999.99 Daily $25 .10% .10%
*APY = Annual Percentage Yield.  ** Rates may change at any time.  Fees could reduce earnings.