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Business Savings & Checking Rates
Effective Jan 1, 2020
| Account | Min to Open | Dividend | APY* |
|---|---|---|---|
| Share Savings Account | $50 | 0.10% | 0.10% |
| Basic Business Checking | $100 | n/a | n/a |
| Business Commercial Checking | $1,000 | 1.00% | 1.00% |
*APY=Annual Percentage Rate. Dividends are compounded and paid quarterly on the first day of the next dividend period. Dividend Rates and APYs are variable and are subject to change. Certain fees and charges may apply to your account as disclosed in the current Schedule of Fees. Assessed fees may reduce earnings.
Business Money Market Rates
Effective Jan 1, 2020
| Tier | Dividend | APY* |
|---|---|---|
| $0-$9,999 | 0.00% | 0.00% |
| $10,000-$99,999 | 0.05% | 0.05% |
| $100,000-$249,999 | 0.15% | 0.15% |
| $250,000+ | 0.30% | 0.30% |
*APY=Annual Percentage Rate. Dividends are compounded and paid quarterly on the first day of the next dividend period. Dividend Rates and APYs are variable and are subject to change. Certain fees and charges may apply to your account as disclosed in the current Schedule of Fees. Assessed fees may reduce earnings.
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