Business Rates
Rates Effective
Interest rates are subject to change without notice
Fees may reduce earnings.
Business Checking Accounts
| Type of Account | Minimum Opening Deposit Required | Minimum Balance to Obtain Annual Percentage Yield | Annual Percentage Yield | Interest Rate |
|---|---|---|---|---|
| Easy Business Checking | $100.00 | N/A | N/A | N/A |
| Business Checking | $100.00 | N/A | N/A | N/A |
| Business NOW Checking | $100.00 | $1,500 | 0.05% | 0.04% |
| Business NOW Tier 1 | $25,000.00 | $25,000.00 - $49,999.99 | 0.05% | 0.04% |
| Business NOW Tier 2 | $25,000.00 | $50,000.00 - $149,999.99 | 0.10% | 0.09% |
| Business NOW Tier 3 | $25,000.00 | $150,000.00 and over | 0.15% | 0.14% |
Business Money Market Accounts
| Type of Account | Minimum Opening Deposit Required | Minimum Balance to Obtain Annual Percentage Yield | Annual Percentage Yield | Interest Rate |
|---|---|---|---|---|
| Money Market Tier 1 | $2,500.00 | $2,500.00 - $24,999.99 | 0.05% | 0.04% |
| Money Market Tier 2 | $2,500.00 | $25,000.00 - $49,999.99 | 0.10% | 0.09% |
| Money Market Tier 3 | $2,500.00 | $50,000.00 - $249,999.99 | 0.15% | 0.14% |
| Money Market Tier 4 | $2,500.00 | $250,000.00 and over | 0.20% | 0.19% |
Direct Investment Money Market Account
| Type of Account | Minimum Opening Deposit Required | Minimum Balance to Obtain Annual Percentage Yield | Annual Percentage Yield | Interest Rate |
|---|---|---|---|---|
| DIMMA Tier 1 | $50,000.00 | $0.00-$49,999.99 | 0.10% | 0.09% |
| DIMMA Tier 2 | $50,000.00 | $50,000.00 - $249,999.99 | 0.15% | 0.14% |
| DIMMA Tier 3 | $50,000.00 | $250,000.00 - $499,999.99 | 0.20% | 0.19% |
| DIMMA Tier 4 | $50,000.00 | $500,000.00 and over | 0.25% | 0.24% |
Certificate of Deposit Accounts for Businesses
Penalties will or may be imposed for early withdrawals
| Type of Account | Minimum Opening Deposit Required | Minimum Balance to Obtain Annual Percentage Yield | Annual Percentage Yield | Interest Rate |
|---|---|---|---|---|
| 3 Month | $500.00 | $500.00 | 0.10% | 0.09% |
| 6 Month | $500.00 | $500.00 | 0.10% | 0.09% |
| 9 Month | $500.00 | $500.00 | 0.10% | 0.09% |
| 12 Month | $500.00 | $500.00 | 0.20% | 0.19% |
| 18 Month | $500.00 | $500.00 | 0.30% | 0.29% |
| 24 Month | $500.00 | $500.00 | 0.35% | 0.34% |
| 36 Month | $500.00 | $500.00 | 0.50% | 0.49% |
| 60 Month | $2,500.00 | $2,500.00 | 0.60% | 0.59% |
Business Savings Accounts
| Type of Account | Minimum Opening Deposit Required | Minimum Balance to Obtain Annual Percentage Yield | Annual Percentage Yield | Interest Rate |
|---|---|---|---|---|
| Business Statement Savings | $100.00 | $200.00 | 0.05% | 0.04% |
| High Yield Savings Tier 1 | $1,000.00 | $1,000.00-$49,999.99 | 0.10% | 0.09% |
| High Yield Savings Tier 2 | $1,000.00 | $50,000.00 and over | 0.15% | 0.14% |
Interest rates are subject to change without notice.