Business Savings
Business Savings
- $100.00 minimum deposit to open
- No minimum balance requirement
- Unlimited transactions in person, by mail or by ATM
- 6 free third party transactions per month, $3.00 for each additional transaction
Interest breakdown as follows:
| Amount | Rate | Yield (APY)* |
|---|---|---|
| $0.00-$24,999.99 | 0.350% | 0.35% |
| $25,000.00 & ABOVE | 0.499% | 0.50% |
Business Money Market
- $100.00 minimum deposit to open
- No minimum balance requirement
- Unlimited transactions in person, by mail or by ATM
- 6 free third party transactions per month, $3.00 for each additional transaction
Interest breakdown as follows:
| Amount | rate | Yield (APY)* |
|---|---|---|
| $0.00 – $2,499.99 | 0.250% | 0.25% |
| $2,500.00 – $49,999.99 | 0.748% | 0.75% |
| $50,000.00 – $249,999.99 | 1.243% | 1.25% |
| $250,000.00 – $999,999.99 | 2.859% | 2.90% |
| $1,000,000.00 and Above | 2.859% | 2.90% |
Certificates of Deposit
Rates as of 12/20/2024. Rates are subject to change daily without notice to customers. Minimum deposit of $500 on all terms. Penalty applies for early withdrawal of CDs. APY is Annual Percentage Yield. APY on CDs less than a year assumes interest remains on deposit for one year with no withdrawals of principal or interest.
| CERTIFICATES OF DEPOSIT | ||
|---|---|---|
| TERM | RATE | YIELD (APY)* |
| 6 Months | 4.10% | 4.18% |
| 12 Months | 3.75% | 3.82% |
| 18 Months | 2.30% | 2.32% |
| 24 Months | 2.35% | 2.38% |
| 36 Months | 2.80% | 2.84% |
| 48 Months | 2.90% | 2.94% |
| 60 Months | 3.02% | 3.06% |
Above rates are subject to change daily without notice to customers. APY listed is an estimate. Actual APY will be based on specific account terms and will be disclosed at account opening. Please contact a bank employee for further information.