Business and Commercial Rates
Savings, checking, and certificate rates effective 11/19/2024
Savings
| Account Type |
Prospective Annual % Yield |
Minimum to Open |
Minimum Daily Balance to Earn Dividends1 |
Minimum to Avoid Service Charge2 |
| Business Savings |
N/A |
$5 |
N/A |
$0 |
| Account Type |
Prospective Annual % Yield |
Minimum to Open |
Minimum Daily Balance to Earn Dividends1 |
Minimum to Avoid Service Charge2 |
| Business Checking |
N/A |
$15 |
$0 |
$0 |
| Balance Tier |
Prospective Annual % Yield |
Minimum to Open |
Minimum Daily Balance to Earn Dividends1 |
Minimum to Avoid Service Charge2 |
| Under $2,500 |
0%
|
$0 |
$2,500 |
$0 |
| $2,500 - $99,999.99 |
1.25% |
$0 |
$2,500 |
$0 |
| $100,000.00 - $499,999.99 |
2.50% |
$0 |
$100,000 |
$0 |
| $500,000 + |
3.25% |
$0 |
$500,000 |
$0 |
| Term |
Prospective Annual % Yield |
Minimum to Open |
Minimum Daily Balance to Earn Dividends1 |
| 1-MONTH |
4.25% |
$250,000 |
$250,000 |
| 4-month |
3.50%
|
$5,000 |
$5,000 |
| 6-Month |
3.05% |
$1,000 |
$1,000 |
| 12-Month |
4.00% |
$1,000 |
$1,000 |
| 18-Month |
3.80% |
$1,000 |
$1,000 |
1 You must maintain the disclosed minimum daily balance in your Account to obtain the disclosed Annual Percentage Yield. You will not earn dividends on any day your Account balance is below the required minimum daily balance.
2 You must maintain the disclosed minimum daily balance in your Account to avoid a Service Charge. If during any month your Account balance is below the required minimum, your Account will be subject to a Below Minimum Balance Service Charge for that month as set forth in the Fee Schedule.
