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Business Banking
Interest Rates
Interest
Rates On Business Accounts
Interest Rates and Annual Percentage Yield (APY) accurate as of September 7, 2010
| Business
Checking With Interest (Sole Proprietors) |
| Balance |
Interest
Rate |
APY |
| $0.01 to $999.99 |
0.15 |
0.15 |
| $1,000.00 to $9,999.99 |
0.15 |
0.15 |
| $10,000.00 to $24,999.99 |
0.40 |
0.40 |
| $25,000.00 to $49,999.99 |
0.50 |
0.50 |
| $50,000.00 to $99,999.99 |
0.55 |
0.55 |
| $100,000.00 & Over |
0.75 |
0.75 |
Interest rates subject
to change after account is opened.
Fees could reduce earnings.
Minimum balance to open account is $100.
| Business
Statement Savings |
| Balance |
Interest
Rate |
APY |
| $0.01 to $999.99 |
0.15 |
0.15 |
| $1,000.00 to $9,999.99 |
0.15 |
0.15 |
| $10,000.00 to $24,999.99 |
0.40 |
0.40 |
| $25,000.00 to $49,999.99 |
0.50 |
0.50 |
| $50,000.00 to $99,999.99 |
0.55 |
0.55 |
| $100,000.00 & Over |
0.75 |
0.75 |
Interest rates subject to change after account is opened.
Fees could reduce earnings.
Minimum balance to open account is $100.
| Business
Money Market |
| Balance |
Interest
Rate |
APY |
| $0.01 to $9,999.99 |
0.15 |
0.15 |
| $10,000.00 to $24,999.99 |
0.40 |
0.40 |
| $25,000.00 to $74,999.99 |
0.60 |
0.60 |
| $75,000.00 to $249,999.99 |
0.90 |
0.90 |
| $250,000.00 & Over |
1.00 |
1.00 |
Interest rates subject to change after account is opened.
Fees could reduce earnings.
Minimum balance to open account is $100.
|
Certificates of Deposit* |
| Term |
Interest
Rate |
APY |
| 7-31 Day CD |
0.25 |
0.25 |
| 3 Month CD |
0.45 |
0.45 |
| 6 Month CD |
0.55 |
0.55 |
| 12 Month CD |
1.05 |
1.05 |
| 18 Month CD |
1.24 |
1.25 |
| 24 Month CD |
1.49 |
1.50 |
| 30 Month CD |
1.69 |
1.70 |
| 36 Month CD |
1.94 |
1.95 |
| 48 Month CD |
2.28 |
2.30 |
| 60 Month CD |
2.48 |
2.50 |
*The minimum balance to
open a CD and obtain the APY is $500.
A penalty may be imposed for early withdrawal.
For additional information on deposit products and rates, contact any of our branches.
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