Savings, Money Markets & CDs

Account Feature Business Savings Business Money Market (MMA) Certificates of Deposit (CDs)*
Minimum to Open $100 $2,500 Varies per term
Minimum Balance Requirement $100 $2,500 -
Interest
  • Interest rate and annual percentage yield is subject to change. 
  • Variable interest rate compounded and credited quarterly.
  • Interest begins to accrue no later than the business day we receive credit for non-cash items (for example, checks).
  • Yes, rates are tiered to reward higher balances.
  • The interest rate and annual percentage yield for your account depend upon the applicable rate tier. The interest rate and annual percentage yield for these tiers may change. 
  • Interest will be compounded and credited monthly.
  • Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
  • Terms from 6 months to 5 years.
  • Funds are FDIC insured.
Fees & Transaction Limitations A Balance Requirement Fee of $2.50 will be waived if your minimum daily balance is equal to or greater than $100. A Balance Requirement Fee of $8.50† will be waived if your minimum daily balance is equal to or greater than $2,500.
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Additional Benefits & Account Detail Free online banking including: Free eStatements, Free check images, Free Bill Pay.
 Free online banking including: Free eStatements, Free check images, Free Bill Pay. -

† Plus sales tax.
* A penalty may be imposed for early withdrawal from certificates of deposits.
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