LI Insight Tag:

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 0.350% 0.35%
$25,000.00 & ABOVE 0.499% 0.50%

*APY is annual percentage yield. Rates are subject to change without notice. Fees may reduce earnings. Rates as of 09/12/2023. 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 0.250% 0.25%
$2,500.00 – $49,999.99 0.748% 0.75%
$50,000.00 – $249,999.99 1.243% 1.25%
$250,000.00 – $999,999.99    1.883% 1.90%
$1,000,000.00 and Above 2.859% 2.90%

*APY is annual percentage yield. Rates are subject to change without notice. Fees may reduce earnings. Rates as of 09/12/2023. 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.

APY is annual percentage yield. Rates are subject to change without notice. Rates as of 09/12/2023. 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 4.218 / 4.30% 4.458 / 4.55%
12 Months 3.251 / 3.30% 3.494 / 3.55%
15 Months (1) 2.765 / 2.80% 3.008 / 3.05%
18 Months 2.765 / 2.80% 3.008 / 3.05%
24 Months (2) 2.472 / 2.50% 2.716 / 2.75%
30 Months 2.276 / 2.30% 2.521 / 2.55%
36 Months 1.982 / 2.00% 2.227 / 2.25%
48 Months (2) 1.785 / 1.80% 2.031 / 2.05%
60 Months 1.785 / 1.80% 2.031 / 2.05%
66 Months 1.785 / 1.80% 2.031 / 2.05%
72 Months 1.785 / 1.80% 2.031 / 2.05%

(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.