Business Rates

Business Account Rates

Effective 7/28/2020

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$1000.03%0.03%
Business Money Market**$100.00$1,000.00$15.00$.01 - $24,999.990.01%0.01%
$25,000 - $49,999.990.03%0.03%
$50,000 - $99,999.990.03%0.03%
$100,000 and above0.05%0.05%
Business Advantage Money Market**$100.00$5,000.00$15.00$.01 - $24,999.990.01%0.01%
$25,000 - $49,999.990.03%0.03%
$50,000 - $99,999.990.03%0.03%
$100,000 and above0.05%0.05%
Business Live.Work.Grow. Money Market**
$.01 -$49,999.99.05%.05%
$50,000 - $99,999.99.10%.10%
$100,000 and above.25%.25%
Sole Proprietor / Non Profit Checking$25.00NoneNone$1000.01%0.01%
Interest On Attorney Trust Account (IOLTA)$100NoneNone$0.01 and above1.00%1.00%
Maryland Housing Authority Trust (MAHT)$100NoneNone$0.01 and above.35%.35%
Business Power Package Account$25,000.00$20,000.00 Sweep (Plus $5,000.00 in Premium Power Package Checking Account)$20.00$20,0000.40%0.40%

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$500.000.55%0.55%
12 Month CD$500.00NoneNone$500.000.20%0.20%
15 Month CD$500.00NoneNone$500.000.20%0.20%
18 Month- Add On CD***$100.00NoneNone$100.000.20%0.20%
24 Month CD Penalty Free$500.00NoneNone$500.000.30%0.30%
30 Month CD$500.00NoneNone$500.000.30%0.30%
36 Month CD$500.00NoneNone$500.000.40%0.40%
48 Month CD$500.00NoneNone$500.000.55%0.55%
60 Month CD$500.00NoneNone$500.000.60%0.60%

*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.

***18 Month Add-On CD may make additional deposits of a minimum of $10.00.