Business Savings Overview

Rates effective 06/03/24
Type Minimum Balance to Avoid Service Charge Minimum Balance to earn Interest¹ Interest² APY³ Additional features Monthly Service Charge Additional Information
Primary Savings for Business
$200 .01
.05% .05% N/A
$2 Avoid service charge by maintaining minimum balance each day of the statement cycle.
Smart Savings for Business
$2,500
$.01-$24,999.99

$25,000 +
.09%

.21%
.09%

.21%
N/A
$5 Avoid service charge by maintaining minimum balance each day of the statement cycle.
Money Market for Business
$1,000
$.01-$9,999.99

$10,000-$24,999.99

$25,000-$49,999.99

$50,000 +
.05

.09% 


.21% 


.30% 
.05

.09%


.21%


.30%
Six free withdrawals each month.4
$7 Avoid service charge by maintaining minimum balance each day of the statement cycle.
Performance Money Market for Business
$25,000
$.01-$24,999.99

$25,000-$99,999.99

$100,000.00-$249,999.99

$250,000.00-$499,999.99

$500,000.00 +
.05% 

.35% 


.75% 


1.49%


2.23%
05%

.35%


.75%


1.50%


2.25%
Six free withdrawals each month4
$10
Avoid service charge by maintaining minimum balance each day of the statement cycle.
 
Please see the Deposit Account Agreement & Disclosure for a listing of all terms and conditions. Fees could reduce earnings.
 
¹We use the daily balance method to calculate the interest on the account. This method applies a daily periodic rate to the principal balance in the account each day.

²Interest Rates are subject to change after the account is opened.

³APY= Annual Percentage Yield
 
4A fee of $6 per withdrawal if exceeds six withdrawals in a month. Withdrawals include: Check, Preauthorized or Automatic (ACH), online, sweep, or telephone transfers, debit card or similar order including POS (point of sale) or ATM (Automated Teller Machine).

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