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Business and Commercial Rates

Business and Commercial Rates

Savings, checking, and certificate rates effective 10/16/2024     


Savings


Account Type Prospective Annual % Yield Minimum to Open Minimum Daily Balance to Earn Dividends1 Minimum to Avoid Service Charge2
Business Savings N/A $5 N/A $0


Checking


Account Type Prospective Annual % Yield Minimum to Open Minimum Daily Balance to Earn Dividends1 Minimum to Avoid Service Charge2
Business Checking N/A $15 $0 $0


Money Market


Balance Tier Prospective Annual % Yield Minimum to Open Minimum Daily Balance to Earn Dividends1 Minimum to Avoid Service Charge2
Under $2,500  0%
$0 $2,500 $0
$2,500 - $99,999.99 1.25% $0 $2,500 $0
$100,000.00 - $499,999.99 2.50% $0 $100,000 $0
$500,000 + 3.25% $0 $500,000 $0


Term Share Certificate


Term Prospective Annual % Yield Minimum to Open Minimum Daily Balance to Earn Dividends1
1-MONTH 4.50% $250,000 $250,000
4-month 4.25%
$5,000 $5,000
6-Month 4.10% $1,000 $1,000
12-Month 4.50% $1,000 $1,000
18-Month 4.00% $1,000 $1,000


1
You must maintain the disclosed minimum daily balance in your Account to obtain the disclosed Annual Percentage Yield. You will not earn dividends on any day your Account balance is below the required minimum daily balance.

2 You must maintain the disclosed minimum daily balance in your Account to avoid a Service Charge. If during any month your Account balance is below the required minimum, your Account will be subject to a Below Minimum Balance Service Charge for that month as set forth in the Fee Schedule.