Business Savings

Business Savings

  • $100.00 minimum deposit to open
  • No minimum balance requirement
  • Unlimited transactions in person, by mail or by ATM
  • 6 free third party transactions per month, $3.00 for each additional transaction

Interest breakdown as follows:

Amount Rate Yield (APY)*
$0.00-$24,999.99 0.050% 0.05%
$25,000.00 & ABOVE 0.150% 0.15%

*APY is annual percentage yield. Rates are subject to change without notice. Fees may reduce earnings. Rates as of 3/19/2020. Please contact a bank employee for further information.

Business Money Market

  • $100.00 minimum deposit to open
  • No minimum balance requirement
  • Unlimited transactions in person, by mail or by ATM
  • 6 free third party transactions per month, $3.00 for each additional transaction

Interest breakdown as follows:

Amount rate Yield (APY)*
$0.00-$2,499.99 0.000% 0.00%
$2,500.00-$49,999.99 0.050% 0.05%
$50,000.00-$249,000.00 0.150% 0.15%
$250,000.00 & ABOVE 0.250% 0.25%

*APY is annual percentage yield. Rates are subject to change without notice. Fees may reduce earnings. Rates as of 3/19/2020. Please contact a bank employee for further information.

Certificates of Deposit

***APY listed below is an estimate. Actual APY will be based on specific account terms and will be disclosed at account opening***
Minimum Deposit of $1,000 on all terms of 9 Months and over. Minimum Deposit of $10,000 on all terms of 6 Months and under.

APY is annual percentage yield. Rates are subject to change without notice. Rates as of 3/19/2020, Above rates are subject to change daily without notice to customers. Penalty for early withdrawal of CD’s. APY on CD’s less than a year assumes interest remains on deposit for one year with no withdrawals of principal or interest. Please contact a bank employee for further information.

CERTIFICATES OF DEPOSIT & INDIVIDUAL RETIREMENT ACCOUNTS
TERM NON-RELATIONSHIP
RATE/YIELD
RELATIONSHIP RATE
RATE/YIELD
6 Months 0.200 / 0.20% 0.250 / 0.25%
12 Months 0.499 / 0.50% 0.549 / 0.55%
15 Months (1) 0.449 / 0.45% 0.499 / 0.50%
18 Months 0.698 / 0.70% 0.748 / 0.75%
24 Months (2) 0.648 / 0.65% 0.698 / 0.70%
30 Months 0.797 / 0.80% 0.847 / 0.85%
36 Months 0.797 / 0.80% 0.847 / 0.85%
48 Months (2) 0.698 / 0.70% 0.749 / 0.75%
60 Months 0.847 / 0.85% 0.896 / 0.90%
66 Months 1.015 / 1.02% 1.065 / 1.07%
72 Months 1.045 / 1.05% 1.094 / 1.10%

(1)-No Penalty Available            (2)-One Time Rate Bump Up Available

Above rates are subject to change daily without notice to customers.  Penalty for early withdrawal of CD’s. APY on CD’s less than a year assumes interest remains on deposit for one year with no withdrawals of principal or interest.

Please contact a bank employee for further information.