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Business Deposit Account Rates as of August 3, 2020. 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 |
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+ | 0.40% |
Business Certificates of Deposit2
|
Term |
Annual Percentage Yield (APY) |
|---|---|
|
91 Day CD3 |
0.05% |
| 6 Month CD | 0.15% |
| 7 Month CD | 0.40% |
| 9 Month CD | 0.10% |
| 12 Month CD | 0.25% |
| 18 Month CD | 0.20% |
| 24 Month CD | 0.25% |
| 36 Month CD | 0.30% |
| 48 Month CD | 0.40% |
| 60 Month CD4 | 0.50% |
1 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).
412 -60 month Ladder products discontinued; 60 month CD 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+ | 0.40% | $2,500 |
Non-Profit Certificates of Deposit (CDs) Accounts2,3
| Term | Annual Percentage Yield (APY) |
|---|---|
| 91 Day CD4 | 0.05% |
| 6 Month CD | 0.15% |
| 7 Month CD | 0.40% |
| 9 Month CD | 0.10% |
| 12 Month CD | 0.25% |
| 18 Month CD | 0.20% |
| 24 Month CD | 0.25% |
| 36 Month CD | 0.30% |
| 48 Month CD | 0.40% |
| 60 Month CD5 | 0.50% |
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).
512 -60 month Ladder products discontinued; 60 month CD 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.