Business Rates

Business Account Rates

Effective 10/28/2020

Business Accounts Rates

AccountMinimum to OpenMinimum Balance to Avoid Monthly Service FeeMonthly Service FeeMinimum Balance to Earn APY*Interest RateAPY*
Business Statement Savings**$100.00$100.00$10.00$1000.05%0.05%
Business Money Market**$100.00$1,000.00$15.00$.01 -$2,499.990.05%0.05%
$2,500 - $9,999.990.07%0.07%
$10,000 - $24,999.990.10%0.10%
$25,000 - $99,999.990.20%0.20%
$100,000 and above0.25%0.25%
Business Advantage Money Market**$100.00$5,000.00$15.00$.01 -$2,499.990.05%0.05%
$2,500 - $9,999.990.07%0.07%
$10,000 - $24,999.990.10%0.10%
$25,000 - $99,999.990.20%0.20%
$100,000 and above0.25%0.25%
Business Live.Work.Grow. Money Market**
$.01 -$2,499.99.05%.05%
$2,500 - $9,999.99.07%.07%
$10,000 - $24,999.99.10%.10%
$25,000 - $99,999.99.20%.20%
$100,000 and above.25%.25%
Sole Proprietor / Non Profit Checking$25.00NoneNone$100.03%.03%
Interest On Attorney Trust Account (IOLTA)$100NoneNone$0.01 and above.05%.05%
Maryland Housing Authority Trust (MAHT)$100NoneNone$0.01 and above.05%.05%

Certificate of Deposit / IRA CDs

AccountMinimum to OpenMinimum Balance to Avoid Monthly Service FeeMonthly Service FeeMinimum Balance to Earn APY*Interest RateAPY*
6 Month CD$500.00NoneNone$500.000.10%0.10%
12 Month CD$500.00NoneNone$500.000.20%0.20%
15 Month CD Special$500.00NoneNone$500.000.40%0.40%
18 Month CD$100.00None None$100.000.30%0.30%
24 Month CD $500.00NoneNone$500.000.35%0.35%
30 Month CD$500.00NoneNone$500.000.40%0.40%
36 Month CD Special$500.00None None$500.000.45%0.45%
60 Month CD$500.00NoneNone$500.000.50%0.50%

*Annual Percentage Yield

**Savings and Money Market Accounts are limited to six (6) third party transfers per statement period by either telephone banking, online banking, mobile banking, check, draft, debit card or similar note. There will be a $15 fee for each time you exceed any of these limits.