Business Deposit Rates
Interest Rates and Annual Percentage Yields are accurate as of January 27, 2020. Rates may change without notice. Fees may reduce earnings and interest rate may change after account is opened.
Regular Savings
Minimum to open: $300
| Balance Tier | Minimum Balance to Obtain APY1 | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| Balance Tier n/a | Minimum Balance to Obtain APY $0.01 | Interest Rate0.03% | Annual Percentage Yield (APY)0.03% |
Business Money Market
Minimum to open: $1,000
| Balance Tier | Minimum Balance to Obtain APY1 | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| Balance Tier $5,000 and over | Minimum Balance to Obtain APY $5,000 | Interest Rate0.05% | Annual Percentage Yield (APY)0.05% |
| Balance Tier $1,000 to $4,999.99 | Minimum Balance to Obtain APY$1,000 | Interest Rate0.05% | Annual Percentage Yield (APY)0.05% |
| Balance Tier$0 to $999.99 | Minimum Balance to Obtain APY$0.01 | Interest Rate0.03% | Annual Percentage Yield (APY)0.03% |
Business Money Market Premier
Minimum to open: $10,000
| Balance Tier | Minimum Balance to Obtain APY1 | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| Balance Tier $15,000,000.00+ | Minimum Balance to Obtain APY $15,000,000.00 | Interest Rate 1.30% | Annual Percentage Yield (APY) 1.31% |
| Balance Tier $10,000,000 - $14,999,999.99 | Minimum Balance to Obtain APY $10,000,000.00 | Interest Rate 1.30% | Annual Percentage Yield (APY) 1.31% |
| Balance Tier $6,500,000 - $9,999,999.99 | Minimum Balance to Obtain APY $6,500,000.00 | Interest Rate 1.22% | Annual Percentage Yield (APY) 1.23% |
| Balance Tier $3,500,000 - $$6,499,999.99 | Minimum Balance to Obtain APY $3,500,000.00 | Interest Rate 1.04% | Annual Percentage Yield (APY) 1.04% |
| Balance Tier $1,000,000 - $3,499,999.99 | Minimum Balance to Obtain APY $1,000,000.00 | Interest Rate 1.00% | Annual Percentage Yield (APY) 1.00% |
| Balance Tier $750,000 - $99,999.99 | Minimum Balance to Obtain APY $750,000.00 | Interest Rate 0.60% | Annual Percentage Yield (APY) 0.60% |
| Balance Tier $500,000 - $749,999.99 | Minimum Balance to Obtain APY $500,000.00 | Interest Rate 0.40% | Annual Percentage Yield (APY) 0.40% |
| Balance Tier $100,000 - $499,999.99 | Minimum Balance to Obtain APY $100,000.00 | Interest Rate 0.20% | Annual Percentage Yield (APY) 0.20% |
| Balance Tier $10,000 - $99,999.99 | Minimum Balance to Obtain APY $10,000.00 | Interest Rate 0.10% | Annual Percentage Yield (APY) 0.10% |
| Balance Tier $0 - $9,999.99 |
Minimum Balance to Obtain APY $0.01 | Interest Rate 0.05% | Annual Percentage Yield (APY) 0.05% |
Certificate of Deposit
Minimum to open: $500
| Fixed Rate Term | Minimum Balance to Obtain APY2 | Interest Rate3 | Annual Percentage Yield (APY)3 |
|---|---|---|---|
| Balance Tier 60+ months | Minimum Balance to Obtain APY $25,000.00 | Interest Rate 1.40% | Annual Percentage Yield (APY) 1.40% |
| Balance Tier 60+ months | Minimum Balance to Obtain APY $10,000.00 | Interest Rate 1.25% | Annual Percentage Yield (APY) 1.25% |
| Balance Tier 60+ months | Minimum Balance to Obtain APY $0.01 | Interest Rate 1.00% | Annual Percentage Yield (APY) 1.00% |
| Balance Tier 48 to 59 months | Minimum Balance to Obtain APY $25,000.00 | Interest Rate 1.20% | Annual Percentage Yield (APY) 1.20% |
| Balance Tier 48 to 49 months | Minimum Balance to Obtain APY $10,000.00 | Interest Rate 1.05% | Annual Percentage Yield (APY) 1.05% |
| Balance Tier 48 to 59 months | Minimum Balance to Obtain APY $0.01 | Interest Rate 0.80% | Annual Percentage Yield (APY) 0.80% |
| Balance Tier 36 to 47 months | Minimum Balance to Obtain APY $25,000.00 | Interest Rate 1.10% | Annual Percentage Yield (APY) 1.10% |
| Balance Tier 36 to 47 months | Minimum Balance to Obtain APY $10,000.00 | Interest Rate 0.95% | Annual Percentage Yield (APY) 0.95% |
| Balance Tier 36 to 47 months | Minimum Balance to Obtain APY $0.01 | Interest Rate 0.70% | Annual Percentage Yield (APY) 0.70% |
| Balance Tier 24 to 35 months | Minimum Balance to Obtain APY $25,000.00 | Interest Rate 0.90% | Annual Percentage Yield (APY) 0.90% |
| Balance Tier 24 to 35 months | Minimum Balance to Obtain APY $10,000.00 | Interest Rate 0.75% | Annual Percentage Yield (APY) 0.75% |
| Balance Tier 24 to 35 months | Minimum Balance to Obtain APY $0.01 | Interest Rate 0.50% | Annual Percentage Yield (APY) 0.50% |
| Balance Tier 12 to 23 months | Minimum Balance to Obtain APY $25,000.00 | Interest Rate 0.60% | Annual Percentage Yield (APY) 0.60% |
| Balance Tier 12 to 23 months | Minimum Balance to Obtain APY $10,000.00 | Interest Rate 0.45% | Annual Percentage Yield (APY) 0.45% |
| Balance Tier 12 to 23 months | Minimum Balance to Obtain APY $0.01 | Interest Rate 0.20% | Annual Percentage Yield (APY) 0.20% |
| Balance Tier 6 to 11 months | Minimum Balance to Obtain APY $25,000.00 | Interest Rate 0.45% | Annual Percentage Yield (APY) 0.45% |
| Balance Tier 6 to 11 months | Minimum Balance to Obtain APY $10,000.00 | Interest Rate 0.30% | Annual Percentage Yield (APY) 0.30% |
| Balance Tier 6 to 11 months | Minimum Balance to Obtain APY $0.01 | Interest Rate 0.05% | Annual Percentage Yield (APY) 0.05% |
| Balance Tier 3 to 5 months | Minimum Balance to Obtain APY $25,000.00 | Interest Rate 0.35% | Annual Percentage Yield (APY) 0.35% |
| Balance Tier 3 to 5 months | Minimum Balance to Obtain APY $10,000.00 | Interest Rate 0.20% | Annual Percentage Yield (APY) 0.20% |
| Balance Tier 3 to 5 months | Minimum Balance to Obtain APY $0.01 | Interest Rate 0.05% | Annual Percentage Yield (APY) 0.05% |
| Balance Tier 0 to 90 days | Minimum Balance to Obtain APY $25,000.00 | Interest Rate 0.35% | Annual Percentage Yield (APY) 0.35% |
| Balance Tier 0 to 90 days | Minimum Balance to Obtain APY $10,000.00 | Interest Rate 0.20% | Annual Percentage Yield (APY) 0.20% |
| Balance Tier 0 to 90 days | Minimum Balance to Obtain APY $0.01 | Interest Rate 0.05% | Annual Percentage Yield (APY) 0.05% |
- 1 Based on daily collected balance. Daily collected balance does not include deposited funds that are uncollected. Fees may reduce earnings and interest rate may change after account is opened.
- 2 Based on daily balance. Fees may reduce earnings and interest rate may change after account is opened.
- 3 The disclosed APY assumes that interest will either be compounded to your certificate or deposited electronically to another account.
- See current Fee Schedule and Business Account Agreement for additional details.