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Business Deposit Rates

Rates as of - May 29th, 2020

Business Deposit Accounts


Account Product Name Minimum Opening Deposit Interest Rate APY*
Business Savingsab
$100 opening deposit,
0.10% 0.10%
Business Interest Checkingab
$100 0.05% 0.05%
Business Money Marketabc
$2,500 opening deposit


            Daily Balances of
up to $49,999
$50,000 - $249,999.99
$250,000.00 - $499,999.99
$500,000.00 - $ $1,499,999.99
$1,500,000.00 and above
0.15%
0.25%
0.45%
0.65%
0.70%

0.15%
0.25%
0.45%
0.65%
0.70%
 
Business Sweepsabc
$2,500 opening deposit


            Daily Balances of
up to $49,999
$50,000 - $249,999.99
$250,000.00 - $499,999.99
$500,000.00 - $ $1,499,999.99
$1,500,000.00 and above
0.15%
0.25%
0.45%
0.65%
0.70%
0.15%
0.25%
0.45%
0.65%
0.70%
 
*Annual Percentage Yield
(a) A penalty will be imposed for early withdrawal.
(b) The interest rate and annual percentage yield may change after account opening.
(c) Daily balance. The amount of the principal in the account each day.
Note: Fees could reduce the earnings on the account