Business Rates

Business Account Rates

Effective 5/16/2019

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$1000.00$15.00$100 - $4,9990.05%0.05%
$5,000 - $9,9990.05%0.05%
$10,000 - $24,9990.05%0.05%
$25,000 - $49,9990.10%0.10%
$50,000 - $99,9990.15%0.15%
$100,000 - $249,9990.20%0.20%
$250,000 +0.20%0.20%
Business Advantage Money Market$100.00$5000.00$15.00$100 - $4,9990.05%0.05%
$5,000 - $9,9990.05%0.05%
$10,000 - $24,9990.05%0.05%
$25,000 - $49,9990.10%0.10%
$50,000 - $99,9990.15%0.15%
$100,000 - $249,9990.20%0.20%
$250,000 +0.20%0.20%
Sole Proprietor / Non Profit Checking$25.00NoneNone$1000.05%0.05%
Business Power Package Account$25000.00$20,000.00 Sweep (Plus $5,000.00 in Power Package Checking Account)$20.00$200000.75%0.75%

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$500.000.20%0.20%
12 Month CD$500.00NoneNone$500.000.35%0.35%
15 Month CD$500.00NoneNone$500.000.40%0.40%
18 Month- Add On CD***$100.00None None$100.000.70%0.70%
24 Month CD Penalty Free$500.00NoneNone$500.000.50%0.50%
30 Month CD$500.00NoneNone$500.000.50%0.50%
36 Month CD$500.00None None$500.000.99%1.00%
48 Month CD$500.00NoneNone$500.001.14%1.15%
60 Month CD$500.00NoneNone$500.001.49%1.50%
Special 13 Month CD*****$1000.00
New Money
NoneNone$1000.001.73%1.75%

*Annual Percentage Yield
A penalty may be imposed for early withdrawal on certificates of deposits- Fees may reduce earnings on accounts
**Money Market and Savings accounts are limited to 6 third party transfers per statement period (telephone, internet, check, draft, POS, similar order are limited to 6 per statement cycle). There will be a $15.00 fee for excessive electronic or third party transfers.***18-Month Add On CD – may make additional deposits of a minimum of $10.00
*****Limited Time Offer. The 13-Month Special CD will automatically renew for a 12 month term from the initial and each succeeding maturity date at the interest rate then being offered by us for your type of account. The 25-Month Special CD will automatically renew for a 24 month term from the initial and each succeeding maturity date at the interest rate then being offered by us for your type of account.