Business Savings Accounts
| Savings | Money Market | Certificates of Deposit | |||||||||||||||||||
| Your Needs | Easy way to start slowly and build |
Maximize earning potential while keeping funds available |
Maximize earning potential on money that can stay put. Terms 3-60 months. |
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| Annual Percentage Yield (APY) | 0.10% |
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Tiered Rates |
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| Minimum Opening Balance | $100 | $100 | $500 | ||||||||||||||||||
| Monthly Service Charge | $5* | $6* | $0 | ||||||||||||||||||
| Requirements | *$250 minimum daily balance to avoid $5 monthly service charge. |
*$1,000 minimum daily balance to avoid $6 monthly service charge. |
A penalty may be imposed for early withdrawal from time deposit accounts§. |
Easy way to start slowly and build
*$250 minimum daily balance to avoid $5 monthly service charge.
Maximize earning potential while keeping funds available
| $0 to $24,999.99 | 0.05% |
| $25,000.00 to $49,999.99 | 0.15% |
| $50,000.00 to $99,999.99 | 0.50% |
| $100,000.00 to $249,999.99 | 1.00% |
| $250,000.00 to $499,999.99 | 1.50% |
| $500,000.00 to $999,999.99 | 2.00% |
| $1,000,000.00 to $2,499,999.99 | 2.25% |
| $2,500,000.00 to $4,999,999.99 | 2.50% |
| $5,000,000.00+ | 3.00% |
*$1,000 minimum daily balance to avoid $6 monthly service charge.
Maximize earning potential on money that can stay put. Terms 3-60 months.
Tiered Rates
depending on balance§
A penalty may be imposed for early withdrawal from time deposit accounts§.
APY’s are effective as of 08/28/2023. Rates may change after account opening, with the exception of fixed rate CDs.
§Certificates of Deposit may be subject to early withdrawal penalties. Fees may reduce earnings.
Business Account Rates
EDIE the Estimator—determine your FDIC insurance coverage