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 February 3rd, 2012 to February 9th, 2012.
| Amount | APY | Interest Rate |
| $0.01-$9999 | .05% | .05% |
| $10000-$24999 | .10% | .10% |
| $25000-$49999 | .25% | .25% |
| $50000 and over | .40% | .40% |
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 February 3rd, 2012 to February 9th, 2012.
| CD Term | APY | Interest Rate |
| 3 Months (interest added quarterly) | .15% | .15% |
| 6 Months | .40% | .40% |
| 12 Months | .60% | .60% |
| 24 Months | .79% | .79% |
| 36 Months | 1.09% | 1.09% |
| 48 Months | 1.19% | 1.19% |
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.
