Business Account Rates

Current as of August 1, 2017 

Checking Account Rates

Business Interest Checking

$1,000 Minimum Opening Deposit
Account Details

Daily Balance Interest Rate Annual Percentage Yield
up to $9,999.99
$10,000.00-$24,999.99
$25,000.00-$49,999.99
$50,000.00-$99,999.99
$100,000.00 and up
0.10%
0.10%
0.10%
0.15%
0.15%
0.10%
0.10%
0.10%
0.15%
0.15%

The interest rate and annual percentage yield may change after account opening.We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

Savings Account Rates

Business Savings

$100 Minimum Opening Deposit
Account Details

Daily Balance Interest Rate Annual Percentage Yield
Up to$49,999.99
$50,000-$99,999.99
$100,000 and up
0.10%
0.15%
0.20%
0.10%
0.15%
0.20%

The interest rate and annual percentage yield may change after account opening. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

Business Money Market

$1,000 Minimum Opening Deposit
Account Details

Daily Balance Interest Rate Annual Percentage Yield
$2,500.00-$9,999.99
$10,000.00-$24,999.99
$25,000.00 and up
0.20%
0.25%
0.30%
0.20%
0.25%
0.30%

The interest rate and annual percentage yield may change after account opening. We use the average daily balance method to calculate the interest on your account. This method applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period.

Rates are subject to change without notice. Fees can reduce earnings. Contact your local branch for more information.
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