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$10.001000.100.10
Business Money Market$100.00$1000.00$15.00$100 - $4,999.990.100.10
$5,000 - $9,999.990.100.10
$10,000 - $24,999.990.150.15
$25,000 - $49,999.990.200.20
$50,000 - $99,999.990.250.25
$100,000 - $249,999.990.300.30
$250,000 +0.500.50
Business Advantage Money Market$100.00$5000.00$15.00$100 - $4,999.990.100.10
$5,000 - $9,999.990.100.10
$10,000 - $24,999.990.150.15
$25,000 - $49,999.990.200.20
$50,000 - $99,999.990.250.25
$100,000 - $249,999.990.300.30
$250,000 +0.500.50
Sole Proprietor / Non Profit Checking$25.00NoneNone1000.050.05
Business Power Package Account$25000.00$20,000.00 Sweep (Plus $5,000.00 in Power Package Checking Account)$20.00200000.750.75

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$500.000.500.50
12 Month CD$500.00NoneNone$500.000.600.60
15 Month CD$500.00NoneNone$500.000.750.75
18 Month- Add On CD***$100.00None None$100.000.700.70
24 Month CD Penalty Free$500.00NoneNone$500.00.90.90
30 Month CD$500.00NoneNone$500.00.90.90
36 Month CD500$None None$500.001.091.10
48 Month CD$500.00NoneNone$500.001.291.30
60 Month CD$500.00NoneNone$500.001.541.55
Special 13 Month CD*****$1000.00
New Money
NoneNone$1000.002.032.05
Special 25 Month CD*****$1000.00
New Money
NoneNone$1000.002.132.15

*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.