Business Savings

Business Passbook Savings

  • No minimum balance required
  • Variable interest rate
  • Interest compounded monthly and added to the account
  • 5 transfers or withdrawals allowed per month

Business Money Market Account

  • Unlimited number of withdrawals in person at any of our locations
  • Ability to write six checks/month at no cost to your business
  • Rates for this account are tiered, so the more money you save, the more interest you earn.
  • Minimum deposit of $2,500 is required to open an account.

Annual Percentage Yields & Rates Effective April 18, 2014 to April 24, 2014.

Amount APY Interest Rate
$0.01-$9999 .05% .05%
$10000-$24999 .07% .07%
$25000-$49999 .10% .10%
$50000 and over .15% .15%

Rate may change after account is opened. Annual Percentage Yield (APY) is calculated assuming that interest is added to the account monthly. If balance drops below $2500, the APY will default to the current NOW APY. Fees could reduce the earnings on the account.


Business Certificate of Deposit

  • Terms of three months to four years.
  • Different interest payment options available.
  • Minimum deposit of $1,000 is required to open an account.

Flex CD

  • Add to your CD as often as you’d like
  • Bump the rate once during the term of the certificate
  • Offers a two, three or four year term
  • An initial investment of $5,000 is required

Annual Percentage Yields & Rates Effective April 18, 2014 to April 24, 2014.

CD Term APY Interest Rate
3 Months (interest added quarterly) .10% .10%
6 Months .15% .15%
12 Months .25% .25%
24 Months .50% .50%
36 Months .60% .60%
48 Months .70% .70%

The Annual Percentage Yield (APY) of Certificates of Deposit are calculated assuming interest is added to the account semi-annually, unless otherwise stated. Penalty for early withdrawal may apply.