Business Banking Rates

Rates effective as of 03/18/2020
 

Business Checking

Product NameMinimum Balance RequirementAPY*Interest RateMethod of Compounding
Free Business Interest Checking$250.15%0.15%Monthly
Business Interest Checking$10,000 to under $50,0000.25%0.25%Monthly
-$50,000 to under $100,0000.35%0.35%Monthly
--$100,000 to under $250,0000.45%0.45%Monthly
---$250,000 or more0.50%0.50%Monthly
Business Relationship CheckingNonen/an/aEarning Credit Allowance**

Business Savings

Product NameAPY*Interest RateMinimum Balance to Earn Interest
Regular Savings0.10%0.10%$25

Business Money Market

Minimum Balance RequirementAPY*Interest Rate
$0-$10,0000.15%0.15%
$10,000-under $50,0000.20%0.20%
$50,000 to under $100,0000.25%0.25%
$100,000 or more0.35%0.35%
Money Market-New Money Special**
$0-under $10,0000.25%0.25%
$10,000-under $50,0000.30%0.30%
$50,000-under $100,0000.35%0.35%
$100,000 or more 0.50%0.50%

Business Certificate of Deposit

TermsAPY*Interest RateMinimum Balance to Earn InterestMinimum to Open
3 months0.25%0.25%$0.01$500
9 Months 0.35%0.35%$0.01$500
12 months0.35%0.35%$0.01$500
12 months - SPECIAL0.75%0.75%$0.01$500
18 months0.50%0.50%$0.01$500
18 months - SPECIAL0.90%0.90%$0.01$500
24 months0.75%0.75%$0.01$500
24 months - SPECIAL1.05%1.04%$0.01$500
36 months1.15%1.14%$0.01$500
60 months1.25%1.24%$0.01$500