Business Deposit Rates

Rates effective 10/09/2024
Business Basic Checking Account

Minimum Balance to Earn APY

APY

APY = annual percentage yield and reflects the current minimum APY offered. Fees may reduce earnings.

Minimum Balance to Earn APY

$100

APY

0.05%

 

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Business No Dividend Checking Account

Minimum Opening Deposit

APY

APY = annual percentage yield and reflects the current minimum APY offered.

Minimum Opening Deposit

$25

APY

None

 

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Business Non-Profit Checking

Tier

Minimum Balance to Earn APY

APY

APY = annual percentage yield and reflects the current minimum APY offered. Fees may reduce earnings.

Tier

$100 – $999.99

Minimum Balance to Earn APY

$100

APY

0.05%

Tier

$1,000 – $4,999.99

Minimum Balance to Earn APY

$100

APY

0.05%

Tier

$5,000 – $9,999.99

Minimum Balance to Earn APY

$100

APY

0.05%

Tier

$10,000 – $24,999.99

Minimum Balance to Earn APY

$100

APY

0.05%

Tier

$25,000 and over

Minimum Balance to Earn APY

$100

APY

0.05%

 

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Small Business Checking

Tier

Minimum Balance to Earn APY

APY

APY = annual percentage yield and reflects the current minimum APY offered. Fees may reduce earnings.

Tier

$1,000 – $4,999.99

Minimum Balance to Earn APY

$1,000

APY

0.05%

Tier

$5,000 – $9,999.99

Minimum Balance to Earn APY

$1,000

APY

0.05%

Tier

$10,000 – $24,999.99

Minimum Balance to Earn APY

$1,000

APY

0.05%

Tier

$25,000 and over

Minimum Balance to Earn APY

$1,000

APY

0.05%

 

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Business Checking Account

Tier

Minimum Balance to Earn APY

APY

APY = annual percentage yield and reflects the current minimum APY offered. Fees may reduce earnings.

Tier

$1,000 – $4,999.99

Minimum Balance to Earn APY

$1,000

APY

0.05%

Tier

$5,000 – $9,999.99

Minimum Balance to Earn APY

$1,000

APY

0.05%

Tier

$10,000 – $24,999.99

Minimum Balance to Earn APY

$1,000

APY

0.05%

Tier

$25,000 and over

Minimum Balance to Earn APY

$1,000

APY

0.05%

 

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Business Savings Account

Type

Minimum Opening Deposit

APY

APY = annual percentage yield and reflects the current minimum APY offered. Fees may reduce earnings.

Type

Business Savings

Minimum Opening Deposit

$25

APY

.20%

 

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Business Money Market Accounts

Minimum Balance to Earn APY

APY

APY = annual percentage yield and reflects the current minimum APY offered. Fees may reduce earnings.
Our Money Market account is a tiered rate account. The applicable dividend rate is applied to the total account balance.

Minimum Balance to Earn APY

$1,000 – $49,999.99

APY

1.71%

Minimum Balance to Earn APY

$50,000 – $99,999.99

APY

2.32%

Minimum Balance to Earn APY

$100,000 – $249,999.99

APY

2.32%

Minimum Balance to Earn APY

$250,000 – $499,999.99

APY

2.58%

Minimum Balance to Earn APY

$500,000.00 and up

APY

2.58%

 

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Business Certificates

Term

Minimum Balance to Earn APY

APY

APY = annual percentage yield and reflects the current minimum APY offered. Fees may reduce earnings. Early withdrawal penalties may apply to Certificates.

*The 7-month certificate will be offered for a limited time and will renew to the 1-year term at maturity.

Term

3-Month

Minimum Balance to Earn APY

$1,000

APY

0.75%

Term

6-Month

Minimum Balance to Earn APY

$1,000

APY

3.00%

Term

7-Month Special*

Minimum Balance to Earn APY

$1,000

APY

4.50%

Term

1-Year

Minimum Balance to Earn APY

$1,000

APY

4.25%

Term

2-Year

Minimum Balance to Earn APY

$1,000

APY

3.50%

Term

3-Year

Minimum Balance to Earn APY

$1,000

APY

3.50%

Term

4-Year

Minimum Balance to Earn APY

$1,000

APY

3.50%

Term

5-Year

Minimum Balance to Earn APY

$1,000

APY

3.50%

 

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IORTA & IOLTA

Type

APY

APY = annual percentage yield and reflects the current minimum APY offered. Fees may reduce earnings.

Type

IOLTA Checking

APY

1.51%

Type

IORTA Checking

APY

1.51%

 

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