Business Banking Rates

Savings | Money Market | CD's

 

Business Savings

AccountInterest RateAPY
Statement Savings0.20%0.20%
Rates Current as of 01/25/2018

 

 Savings Account Terms

*The Annual Percentage Yields (APY) shown are offered on accounts accepted by the Bank and effective for the dates shown above, unless otherwise noted. Rates are subject to change without notice.

Interest Rate vs. APY: The APY (Annual Percentage Yield) is a percentage rate that reflects the total amount of interest paid on the account, based on the interest rate and the frequency of compounding for a 365-day period. If you receive a periodic statement, that statement will include the APY earned on your account for the period covered by the statement.

 

Business Money Market

AccountTierInterest RateAPY
Money Market$0 - $5,000.000.00%0.00%
$5,000.01 - $9,999.990.15%0.15%
$10,000.00 +0.20%0.20%
Magnum Money Market$0 - $14,999.990.00%0.00%
$15,000.00 - $24,999.990.20%0.20%
$25,000.00 - $49,999.990.25%0.25%
$50,000.00 - $99,999.990.35%0.35%
$100,000.00 +0.40%0.40%
Rates Current as of 01/25/2018

 

 Money Market Account Terms

*The Annual Percentage Yields (APY) shown are offered on accounts accepted by the Bank and effective for the dates shown above, unless otherwise noted. Rates are subject to change without notice.

Interest Rate vs. APY: The APY (Annual Percentage Yield) is a percentage rate that reflects the total amount of interest paid on the account, based on the interest rate and the frequency of compounding for a 365-day period. If you receive a periodic statement, that statement will include the APY earned on your account for the period covered by the statement.

 

Business Certificates of Deposit

**No minimum opening deposit required on our Certificates of Deposit

Account TermInterest RateAPY
3 Month **0.30%0.30%
6 Month **0.65%0.65%
12 Month **1.00%1.00%
18 Month **1.10%1.10%
24 Month **1.20%1.20%
36 Month **1.30%1.30%
Rates Current as of 01/25/2018

 

 Certificate of Deposit Terms

*The Annual Percentage Yields (APY) shown are offered on accounts accepted by the Bank and effective for the dates shown above, unless otherwise noted. Rates are subject to change without notice.

Interest Rate vs. APY: The APY (Annual Percentage Yield) is a percentage rate that reflects the total amount of interest paid on the account, based on the interest rate and the frequency of compounding for a 365-day period. If you receive a periodic statement, that statement will include the APY earned on your account for the period covered by the statement.