- Home
- Business/Bank
- Business Rates
BUSINESS SAVINGS & INVESTMENT
Rates
- Business Money Market Accounts
- Business Certificates of Deposit
Business Money Market Accounts
| Balance | Dividend Rate |
APY*
|
|---|---|---|
| $2,500-$24,999 | 0.300% | 0.30% |
| $25,000-$49,999 | 0.349% | 0.35% |
| $50,000-$99,999 | 0.399% | 0.40% |
| $100,000+ | 0.499% | 0.50% |
Effective: january 2, 2019
Minimum opening balance: $2,500.00
Minimum required balance to avoid fees: $2,500.00
Minimum balance to earn lowest rate listed: $2,500.00
Balance method: average daily balance
Fee for minimum balance not met: $10.00
Minimum required balance to avoid fees: $2,500.00
Minimum balance to earn lowest rate listed: $2,500.00
Balance method: average daily balance
Fee for minimum balance not met: $10.00
Account transfer limitations apply
Rates shown are subject to change after account is opened
Dividends: compounded monthly; credited monthly
Fees can reduce earnings
Rates shown are subject to change after account is opened
Dividends: compounded monthly; credited monthly
Fees can reduce earnings
*Annual Percentage Yield
Term Certificates
| Length | Dividend Rate | APY* |
|---|---|---|
| 6 Month CD | 1.292% | 1.30% |
| 12 Month CD | 1.982% | 2.00% |
Effective: january 2, 2019
Minimum opening deposit: $500.00
Minimum balance required to earn stated rate: $500.00
Balance method: average daily balance
Monthly account fee: None
Rates shown are subject to change
Dividends: compounded monthly; credited monthly
Early withdrawal penalties apply
Dividend withdrawal: allowed
Additional deposit: not permitted
*Annual Percentage Yield
Jumbo Certificates
| Length | Dividend Rate | APY* |
|---|---|---|
| 6 Month CD | 1.785% | 1.80% |
| 12 Month CD | 2.325% | 2.35% |
Effective: january 2, 2019
Minimum opening deposit: $50,000.00
Minimum balance required to earn stated rate: $50,000.00
Balance method: average daily balance
Monthly account fee: None
Rates shown are subject to change
Dividends: compounded monthly; credited monthly
Early withdrawal penalties apply
Dividend withdrawal: allowed
Additional deposit: not permitted
*Annual Percentage Yield