Business Account Rates

Business Accounts Rates: effective 11/27/2018

Business Account Rates Table
AccountMinimum to OpenMinimum Balance to Avoid Monthly Service FeeMonthly Service FeeMinimum Balance to Earn APY*Interest RateAPY*

Savings and Money Markets **
Business Statement Savings $100.00 $100.00 $10.00 $100.00 .10 .10
Business Money Market $100.00 $1,000.00 $15.00 $100 - $4,999.99 .10 .10
        $5,000 - $9,999.99 .10 .10
        $10,000 - $24,999.99 .15 .15
        $25,000 - $49,999.99 .20 .20
        $50,000 - $99,999.99 .25 .25
        $100,000 - $249,999.99 .30 .30
        $250,000 + .50 .50
Business Advantage Money Market $100.00 $5,000.00 $15.00 $100 - $4,999.99 .10 .10
        $5,000 - $9,999.99 .10 .10
        $10,000 - $24,999.99 .15 .15
        $25,000 - $49,999.99 .20 .20
        $50,000 - $99,999.99 .25 .25
        $100,000 - $249,999.99 .30 .30
        $250,000 + .50 .50

Checking
Sole Proprietor / Non Profit Checking $25.00 None None $100.00 .05 .05
Certificate of Deposit / IRA CDs
6 Month CD $500.00 None None $500.00 .80 .80

12 Month CD

Special 12 Month CD****

$500.00

$1,000.00

None

None

None

None

$500.00

$1,000.00

1.00

2.03

1.00

2.05

15 Month CD $500.00 None None $500.00 1.25 1.26
18 Month- Add On CD*** $100.00 None None $100.00 1.34 1.35
24 Month Penalty Free CD  $500.00  None  None  $500.00  1.49  1.50
30 Month CD $500.00 None None $500.00 1.59 1.60
36 Month CD $500.00 None None $500.00 1.69 1.70
48 Month CD $500.00 None None $500.00 1.88 1.90
60 Month CD $500.00 None None $500.00 2.47 2.50

*Annual Percentage Yield

A penalty may be imposed for early withdrawal on certificates of deposits

Fees may reduce earnings on accounts

Rates may change after account opening

**Money Market and savings accounts are limited to 6 third party transfers per statement period (telephone, Internet, check, draft, POS, similar order are limited to 6 per statement cycle). There will be a $15.00 fee for excessive electronic or third party transfers.

***18-Month Add On CD - may make additional deposits of a minimum of $10.00

****New Money Only-Limited Time Offer

 

Business Deposit Rates (Annual Percentage Yield)
Savings and Money Markets **
Business Statement Savings .10
Business Money Market .10 to .50
Business AdvantageMoney Market .10 to .50

Checking
Sole Proprietor / Non Profit Checking .05
Certificate of Deposit / IRA CDs
6 Month CD .80

12 Month CD

Special 12 Month CD-$1,000.00 Minimum Deposit-New Money Only

1.00

2.05

15 Month CD 1.26
18 Month- Add On CD*** 1.35
24 Month Penalty Free CD 1.50
30 Month CD 1.60
36 Month CD 1.70
48 Month CD 1.90
60 Month CD 2.50