Metro Credit Union | Our Rates | Savings Loan | Metro Credit Union

By The Numbers

Business Deposit Rates

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Business Checking

Effective 08.08.2022

AccountAPY1Interest RateMin Balance to Earn InterestMin Balance to Open

Free Business Interest Checking2

0.15%0.15%$25.00$25.00

Business Interest Checking3

0.25%0.25%$10,000.00 - $49,999.99$25.00
0.30%0.30%$50,000.00 - $99,999.99-
0.35%0.35%$100,000.00 - $249,999.99-
0.40%0.40%$250,000.00 or more-
1

Annual Percentage Yield (APY) as of 08.08.2022, is a variable rate, and is based on the Average Daily Balance. Rates subject to change after account opening.

2 Free Business Interest Checking: Transaction fee of 50¢ for each transaction over 300. Transactions are deposits, deposited items, checks paid and all withdrawals, including electronic debits.

3 Business Interest Checking: $15.00 monthly service fee waived by maintaining an average daily balance of $10,000. Transaction fee of 50¢ for each transaction over 750.

Business Savings & Money Market

Effective 08.08.2022

Account*APY1Interest RateMin Balance to Earn InterestMin Balance to Open

Business Savings2

0.10%0.10%$25.00$5.00

Business Money Market
New Money ONLY 3

0.25%0.25%$0.00 - $9,999.99$2,500.00
0.25%0.25%$10,000.00 - $49,999.99-
0.30%0.30%$50,000.00 - $99,999.99-
0.40%0.40%$100,000.00 - or more-

Business Money Market4

0.15%0.15%$0.00 - $9,999.99$2,500.00
0.20%0.20%$10,000.00 - $49,999.99-
0.25%0.25%$50,000.00 - $99,999.99-
0.30%0.35%$100,000.00 or more-

Online Money Market

0.50%0.50%$0.00 - $1,999.99$2,000.00

New Money ONLY

1.00%1.00%$2,000.00-$9,999.99-
1.50%1.49%$10,000.00 or more-
1

Annual Percentage Yield (APY) as of 08.08.2022, is a variable rate, and is based on the Average Daily Balance. Rates subject to change after account opening.

2 Business Savings: Minimum balance of $250.00 required to avoid $2.50 monthly service fee.

3 Business Money Market New Money Special: Rates effective 10/18/2021 on new money ONLY. Minimum opening deposit $2,500.00. Minimum balance of $2,500.00 to avoid $10.00 monthly service fee.

4 Business Money Market: Minimum opening deposit $2,500.00. Minimum balance of $2,500.00 to avoid $10.00 monthly service fee.

5 Online Money Market: Is new money ONLY available at all Metro branches and by calling 877.MY.METRO (696.3876). Minimum opening deposit $2,000.00; minimum balance of $2,000.00 to avoid $5.00 monthly service fee.

Business Certificates of Deposit

Effective 08.08.2022

Account*APY1Interest RateMin Balance to Earn InterestMin Balance to Open

3 Month Special**

1.00%1.00%$0.01$500.00

6 Month Special**

1.25%1.25%$0.01$500.00

9 Month Special**

1.50%1.50%$0.01$500.00

12 Month Special**

2.00%1.98%$0.01$500.00

15 Month Special**

2.25%2.23%$0.01$500.00

18 Month Special**

2.50%2.47%$0.01$500.00

3 Months

0.25%0.25%$0.01$500.00

6 Months

0.35%0.35%$0.01$500.00

9 Months

0.35%0.35%$0.01$500.00

12 Months

0.35%0.35%$0.01$500.00

18 Months

0.50%0.50%$0.01$500.00

24 Months

0.75%0.75%$0.01$500.00

36 Months

0.95%0.95%$0.01$500.00

60 Months

1.05%1.04%$0.01$500.00
1

Annual Percentage Yield (APY) as of 08.08.2022, is a variable rate, and is based on the Average Daily Balance. Rates subject to change after account opening.

* Terms less than 12 months earn simple interest paid at maturity. Dividends are compounded daily and paid monthly on terms greater than 12 months. Federal Regulations require a substantial penalty on funds withdrawn prior to maturity for all Certificate of Deposit (CD) accounts. Fees could reduce earnings on the account. Please see Metro’s Truth in Savings for Certificates of Deposit.

** CD: Federal Regulations require a substantial penalty on funds withdrawn prior to maturity for all time deposit accounts. Fees could reduce earnings on the account. 3, 6, 9, 12, 15, and 18 Month CD Specials cannot be combined with any other offer and require new money ONLY. To satisfy this requirement an additional $5,000.00 in external funds must be added to transfers from existing Metro Credit Union accounts. If the CD is rolled over at maturity, it will earn the base rate of interest in effect at that time. Ask a Metro Representative for further information about these accounts. All CDs that roll over at maturity will earn the base rate of interest in effect at that time. CD Specials will roll into a standard CD product with a comparable term. Ask a Metro Representative for further information about these accounts.


2

Fees may apply. See the Consumer Account Fee Schedule and the Membership Account Agreement for details. Programs, rates, terms and conditions subject to change without notice. All loans are subject to credit approval. Credit Union membership is required; members must maintain a membership account with a minimum of $5.00.