Business Deposit Rates

 Business Savings

 

Interest Rate

Interest Rate

0.05%

Annual Percentage Yield (APY)*

0.05%

Effective Date

05/09/18

*does not requires a daily balance (the amount of principal in the account each day) to obtain APY

Daily Money Markets

 

Interest Rate

Annual Percentage Yield *

Effective Date

$5-$2,499

0.05%

0.05%

03/07/18

$2,500-$9,999

0.05%

0.05%

03/07/18

$10,000-$24,999

0.10%

0.10%

03/07/18

$25,000-$49,999**

0.10%

0.10%

03/07/18

$50,000-$99,999**

0.15%

0.15%

03/07/18

$100,000-$249,999**

0.20%

0.20%

03/07/18

$250,000 and over**

0.25%

0.25%

06/06/18

*requires daily balance (the amount of principal in the account each day) of $5.00 to obtain APY
**During that period of time when the balance of the account is $25,000 or more, the rate of earnings for the account will not be less than the weekly average yield of U.S. Treasury Securities adjusted to a constant maturity of 1 year, less 2.50%.
Deposits are insured by the Federal Deposit Insurance Corporation (FDIC) to at least $250,000 for each depositor.  IRAs are separately insured up to $250,000 by the FDIC.
Rate quotations are subject to change without prior notice.


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