Online Banking

Business Savings and Money Market Accounts

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Type and Term Minimum Balance Interest Rate Annual Percentage Yield (APY) Payment Frequency

Business Savings

  • Fee of $3 if balance falls below $500

 

$500

 

.15%

 

.15%

 

Interest accrued daily and compounded quarterly

Business Money Market

  • Monthly statements
  • Fee of $10 if balance falls below $1,000

 

Tiered Rates

     -$1,000 to $49,999
     -$50,000 to $249,999
     -$250,000 to $499,999
     -$500,000 and greater

 

 

$1,000

.15%
.25%
.30%
.50%
 
.15%
.25%
.30%
.50%
 

 

 

Interest accrued daily and compounded monthly

 

 

 

Pays interest on full balances that correspond to the applicable deposit tier

 
Rates current as of July 1, 2020.


Fees could reduce earnings on account.