Current Rates – Business

Rates are effective November 22, 2018 and are subject to change without notice.

*Annual Percentage Yield

NON PERSONAL CHECKING

Sole Proprietorships and Nonprofit Organizations 
BalanceAPY*Interest Rate
$500 - $9990.01%0.01%
$1,000 - $4,9990.01%0.01%
$5,000 - $9,9990.01%0.01%
$10,000 - $24,9990.01%0.01%
$25,000 +0.01%0.01%
Your interest rate and annual percentage yield may change. At our discretion we may change the interest rate at any time. A minimum daily balance of $2,000 or a minimum average daily balance of $2,500 must be maintained to avoid maintenance fees which could reduce earnings. A minimum daily balance of $500.00 is required to obtain the APY.

 

NON PERSONAL MONEY MARKET

Sole Proprietorships and Nonprofit Organizations
BalanceAPY*Interest Rate
$500 - $4,9990.01%0.01%
$5,000 - $24,9990.01%0.01%
$25,000 - $49,9990.01%0.01%
$50,000 - $99,9990.02%0.02%
$100,000 +0.03%0.03%
Your interest rate and annual percentage yield may change. At our discretion we may change the interest rate at any time. A minimum balance of $5,000 each day must be maintained to avoid maintenance fees which could reduce earnings. A minimum daily balance of $500.00 is required to obtain the APY.

 

CERTIFICATES OF DEPOSIT

TermAPY*Interest Rate
06 Months1.01%1.00%
12 Months1.26%1.25%
18 Months1.46%1.45%
24 Months1.56%1.55%
30 Months1.61%1.60%
36 Months1.66%1.65%
48 Months2.02%2.00%
60 Months2.02%2.00%
84 Months3.05%3.00%
120 Months3.15%3.10%
A penalty may be imposed for withdrawals before maturity. You must deposit $500 to open this type of account.

 

BUSINESS PRIME STATEMENT SAVINGS

BalanceAPY*Interest Rate
$0 - $4,9990.01%0.01%
$5,000 - $24,9990.01%0.01%
$25,000 - $49,9990.02%0.02%
$50,000 - $99,9990.03%0.03%
$100,000 +0.03%0.03%
Your interest rate and annual percentage yield may change. At our discretion we may change the interest rate at any time. A minimum daily balance of $100 must be maintained to avoid maintenance fees which could reduce earnings.

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