Business Deposit Accounts & Rates

Choose the solution that is right for your business.

Business Deposit Account Rates as of December 9, 2019. Rates are subject to change at any time.

Business Savings Accounts   |   Business Money Market Accounts   |   Business CDs   

Non-Profit Money Market Accounts   |   Non-Profit CDs

To open an account, visit one of our Banking Centers

 

Business Savings Accounts1

Account

Minimum Balance to Open

Minimum Daily Balance to Earn APY

Annual Percentage Yield (APY)

Minimum Daily Balance to Avoid Monthly Maintenance 

Business Savings Accounts

$25

$10

0.05%

$300

 

Business Money Market Accounts1

Account

Minimum Balance to Open

Minimum Daily Balance to Earn APY

Annual Percentage Yield (APY)

Minimum Daily Balance to Avoid Monthly Maintenance Fees

Business Money Market Accounts

$2,500

$10 - $2,499.99

0.05%

$2,500

   

$2,500 - $9,999.99

0.05%

 
   

$10,000 - $24,999.99

0.10%

 
   

$25,000 - $49,999.99

0.20%

 
   

$50,000 - $99,999.99

0.30%

 
   

$100,000+

0.35%

 

 

Premier Business Money Market Accounts1

Account

Minimum Balance to Open Minimum Daily Balance to Earn APY Annual Percentage Yield (APY) Minimum Daily Balance to Avoid Monthly Maintenance Fees
Premier Business Money Market Accounts $2,500 $10 - $2,499.99 0.05% $2,500
    $2,500 - $9,999.99 0.05%  
    $10,000 - $24,999.99 0.10%  
    $25,000 - $49,999.99 0.20%  
    $50,000 - $99,999.99 0.30%  
    $100,000+ 1.00%  

 

Business Certificates of Deposit2

Term

Annual Percentage Yield (APY)

91 Day CD3

0.10%

6 Month CD 0.20%
8 Month CD (Checking Account Required)  1.65%
9 Month CD 0.25%
12 Month CD 0.45%
18 Month CD 0.65%
24 Month CD 0.90%
36 Month CD 0.90%
48 Month CD 1.20%
60 Month CD 1.25%
60 Month Ladder4 1.25%

Rate may change after opening.
2 Minimum balance to open all CDs is $1,000. A penalty may be imposed for early withdrawal.
3There is one penalty-free withdrawal per term for any 91 day CD (only after the first six days of the deposit's term).
4Product discontinued; rate applies to all renewing Ladder CDs. A penalty may be imposed for early withdrawal.


 

Non-Profit Money Market Account1,2

Account

Minimum Balance to Open Minimum Balance to Earn APY Annual Percentage Yield (APY) Minimum Balance to Avoid Monthly Maintenance Fees
Non-Profit Money Market Account $2,500 $2,500.00+ 1.00% $2,500

 

Non-Profit Certificates of Deposit (CDs) Accounts2,3

Term Annual Percentage Yield (APY)
91 Day CD4 0.10%
6 Month CD 0.20%
8 Month CD 1.65%
9 Month CD 0.25%
12 Month CD 0.45%
18 Month CD 0.65%
24 Month CD 0.90%
36 Month CD 0.90%
48 Month CD 1.20%
60 Month CD 1.25%
60 Month Ladder CD5 1.25%

1Rate may change after opening.
2Available exclusively to organizations with documented 501c status.
3Minimum balance to open all CDs is $1,000. A penalty may be imposed for early withdrawal.
4There is one penalty-free withdrawal per term for any 91 day CD (only after the first six days of the deposit's term).
5Product discontinued; rate applies to all renewing Ladder CDs. A penalty may be imposed for early withdrawal.


 

Annual Percentage Yield = Yield when principal and interest are left on deposit.  Annual Percentage Yields greater than the Interest Rate show the effect of monthly compounding. Term accounts subject to penalty for early withdrawal. Effect of fees: Fees could reduce earnings on accounts.

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