Business Deposit Rates

Annual percentage yields (APY) accurate as of: August 26, 2022

Checking Account

  Business Checking                                      
Minimum Opening Deposit $1,000
APY/INT Rate N/A

 

Certificate of Deposit Accounts

  12 Month CD         18 Month CD         24 Month CD        
Minimum Opening Deposit $1,000 $1,000 $1,000
APY/INT Rate $1,000 - $49,999.99 1.50% / 1.47% 1.75% / 1.71% 1.50% / 1.47%
APY/INT Rate $50,000 - $99,999.99 1.50% / 1.47% 1.75% / 1.71% 1.50% / 1.47%
APY/INT Rate $100,000 - $249,999.99 1.50% / 1.47% 1.75% / 1.71% 1.50% / 1.47%
APY/INT Rate $250,000+ 1.50% / 1.47% 1.75% / 1.71% 1.50% / 1.47%

 

Money Market Account

  Business Money Market Savings                                               
Minimum Opening Deposit $1,000
APY/INT Rate $1,000 – $49,999.99 0.15% / 0.15%
APY/INT Rate $50,000 – $99,999.99 0.20% / 0.20%
APY/INT Rate $100,000 – $149,999.99 0.25% / 0.25%
APY/INT Rate $150,000+ 0.30% / 0.30%

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The Annual Percentage Yields (APY) and interest rates (INT) are accurate as of the date shown above. Money Market: This is a variable rate account, the APY and interest rate may change at any time without notice or after the account is opened. Each tier described above reflects the current minimum daily balance required to obtain the applicable APY. Transaction limitations apply. CD: The applicable APYs are fixed and apply to the initial term. The APYs and interest rates may change without notice until the account is opened. A penalty is imposed for early withdrawal. A withdrawal could reduce earnings. Fees may reduce earnings. 

This rate sheet must be used in conjunction with the Truth in Savings Account Disclosure and Schedule of Fees for a more complete explanation of the terms and possible fees associated with the account.