- Business Banking
- Business Savings
- Business Deposit Rates
Business Deposit Rates
Interest Rates and Annual Percentage Yields are accurate as of March 28, 2023. 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) |
|---|---|---|---|
| n/a | $0.01 | 0.20% | 0.20% |
| Balance Tier | Minimum Balance to Obtain APY1 | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| Balance Tier n/a | Minimum Balance to Obtain APY1 $0.01 | Interest Rate 0.20% | Annual Percentage Yield (APY) 0.20% |
Business Money Market
Minimum to open: $1,000
| Balance Tier | Minimum Balance to Obtain APY1 | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| $5,000+ | $5,000 | 1.00% | 1.00% |
| $1,000-$4,999.99 | $1,000 | 0.75% | 0.75% |
| $0.01-$999.99 | $0.01 | 0.50% | 0.50% |
| Balance Tier | Minimum Balance to Obtain APY1 | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| Balance Tier $5,000+ | Minimum Balance to Obtain APY1 $5,000 | Interest Rate 1.00% | Annual Percentage Yield (APY) 1.00% |
| Balance Tier $1,000-$4,999.99 | Minimum Balance to Obtain APY1 $1,000 | Interest Rate 0.75% | Annual Percentage Yield (APY) 0.75% |
| Balance Tier $0.01-$999.99 | Minimum Balance to Obtain APY1 $0.01 | Interest Rate 0.50% | Annual Percentage Yield (APY) 0.50% |
Business Money Market Premier
Minimum to open: $10,000
| Balance Tier | Minimum Balance to Obtain APY1 | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| $15,000,000+ | $15,000,000 | 2.30% | 2.32% |
| $10,000,000-$14,999,999.99 | $10,000,000 | 2.15% | 2.17% |
| $6,500,000-$9,999,999.99 | $6,500,000 | 2.00% | 2.02% |
| $3,500,000-$6,499,999.99 | $3,500,000 | 2.00% | 2.02% |
| $1,000,000-$3,499,999.99 | $1,000,000 | 1.75% | 1.76% |
| $750,000-$999,999.99 | $750,000 | 1.50% | 1.51% |
| $500,000-$749,999.99 | $500,000 | 1.35% | 1.36% |
| $100,000-$499,999.99 | $100,000 | 1.25% | 1.26% |
| $10,000-$99,999.99 | $10,000 | 1.00% | 1.00% |
| $0.01-$9,999.99 | $0.01 | 1.00% | 1.00% |
| Balance Tier | Minimum Balance to Obtain APY1 | Interest Rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| Balance Tier $15,000,000+ | Minimum Balance to Obtain APY1 $15,000,000 | Interest Rate 2.30% | Annual Percentage Yield (APY) 2.32% |
| Balance Tier $10,000,000-$14,999,999.99 | Minimum Balance to Obtain APY1 $10,000,000 | Interest Rate 2.15% | Annual Percentage Yield (APY) 2.17% |
| Balance Tier $6,500,000-$9,999,999.99 | Minimum Balance to Obtain APY1 $6,500,000 | Interest Rate 2.00% | Annual Percentage Yield (APY) 2.02% |
| Balance Tier $3,500,000-$6,499,999.99 | Minimum Balance to Obtain APY1 $3,500,000 | Interest Rate 2.00% | Annual Percentage Yield (APY) 2.02% |
| Balance Tier $1,000,000-$3,499,999.99 | Minimum Balance to Obtain APY1 $1,000,000 | Interest Rate 1.75% | Annual Percentage Yield (APY) 1.76% |
| Balance Tier $750,000-$999,999.99 | Minimum Balance to Obtain APY1 $750,000 | Interest Rate 1.50% | Annual Percentage Yield (APY) 1.51% |
| Balance Tier $500,000-$749,999.99 | Minimum Balance to Obtain APY1 $500,000 | Interest Rate 1.35% | Annual Percentage Yield (APY) 1.36% |
| Balance Tier $100,000-$499,999.99 | Minimum Balance to Obtain APY1 $100,000 | Interest Rate 1.25% | Annual Percentage Yield (APY) 1.26% |
| Balance Tier $10,000-$99,999.99 | Minimum Balance to Obtain APY1 $10,000 | Interest Rate 1.00% | Annual Percentage Yield (APY) 1.00% |
| Balance Tier $0.01-$9,999.99 | Minimum Balance to Obtain APY1 $0.01 | Interest Rate 1.00% | Annual Percentage Yield (APY) 1.00% |
Certificate of Deposit
Minimum to open: $500
| Fixed Rate Term | Minimum Balance to Obtain APY2 | Interest Rate3 | Annual Percentage Yield (APY)3 |
|---|---|---|---|
| 60+ months | $25,000 | 3.00% | 3.00% |
| 60+ months | $10,000 | 2.75% | 2.75% |
| 60+ months | $0.01 | 2.50% | 2.50% |
| 48-59 months | $25,000 | 2.75% | 2.75% |
| 48-59 months | $10,000 | 2.60% | 2.60% |
| 48-59 months | $0.01 | 2.50% | 2.50% |
| 36-47 months | $25,000 | 2.60% | 2.60% |
| 36-47 months | $10,000 | 2.50% | 2.50% |
| 36-47 months | $0.01 | 2.25% | 2.25% |
| 24-35 months | $25,000 | 1.75% | 1.75% |
| 24-35 months | $10,000 | 1.60% | 1.60% |
| 24-35 months | $0.01 | 1.50% | 1.50% |
| 12-23 months | $25,000 | 1.40% | 1.40% |
| 12-23 months | $10,000 | 1.35% | 1.35% |
| 12-23 months | $0.01 | 1.30% | 1.30% |
| 6-11 months | $25,000 | 1.00% | 1.00% |
| 6-11 months | $10,000 | 0.90% | 0.90% |
| 6-11 months | $0.01 | 0.85% | 0.85% |
| 3-5 months | $25,000 | 0.90% | 0.90% |
| 3-5 months | $10,000 | 0.80% | 0.80% |
| 3-5 months | $0.01 | 0.70% | 0.70% |
| 0-90 days | $25,000 | 0.75% | 0.75% |
| 0-90 days | $10,000 | 0.50% | 0.50% |
| 0-90 days | $0.01 | 0.40% | 0.40% |
| Fixed Rate Term | Minimum Balance to Obtain APY2 | Interest Rate3 | Annual Percentage Yield (APY)3 |
|---|---|---|---|
| Fixed Rate Term 60+ months | Minimum Balance to Obtain APY2 $25,000 | Interest Rate3 3.00% | Annual Percentage Yield (APY)3 3.00% |
| Fixed Rate Term 60+ months | Minimum Balance to Obtain APY2 $10,000 | Interest Rate3 2.75% | Annual Percentage Yield (APY)3 2.75% |
| Fixed Rate Term 60+ months | Minimum Balance to Obtain APY2 $0.01 | Interest Rate3 2.50% | Annual Percentage Yield (APY)3 2.50% |
| Fixed Rate Term 48-59 months | Minimum Balance to Obtain APY2 $25,000 | Interest Rate3 2.75% | Annual Percentage Yield (APY)3 2.75% |
| Fixed Rate Term 48-59 months | Minimum Balance to Obtain APY2 $10,000 | Interest Rate3 2.60% | Annual Percentage Yield (APY)3 2.60% |
| Fixed Rate Term 48-59 months | Minimum Balance to Obtain APY2 $0.01 | Interest Rate3 2.50% | Annual Percentage Yield (APY)3 2.50% |
| Fixed Rate Term 36-47 months | Minimum Balance to Obtain APY2 $25,000 | Interest Rate3 2.60% | Annual Percentage Yield (APY)3 2.60% |
| Fixed Rate Term 36-47 months | Minimum Balance to Obtain APY2 $10,000 | Interest Rate3 2.50% | Annual Percentage Yield (APY)3 2.50% |
| Fixed Rate Term 36-47 months | Minimum Balance to Obtain APY2 $0.01 | Interest Rate3 2.25% | Annual Percentage Yield (APY)3 2.25% |
| Fixed Rate Term 24-35 months | Minimum Balance to Obtain APY2 $25,000 | Interest Rate3 1.75% | Annual Percentage Yield (APY)3 1.75% |
| Fixed Rate Term 24-35 months | Minimum Balance to Obtain APY2 $10,000 | Interest Rate3 1.60% | Annual Percentage Yield (APY)3 1.60% |
| Fixed Rate Term 24-35 months | Minimum Balance to Obtain APY2 $0.01 | Interest Rate3 1.50% | Annual Percentage Yield (APY)3 1.50% |
| Fixed Rate Term 12-23 months | Minimum Balance to Obtain APY2 $25,000 | Interest Rate3 1.40% | Annual Percentage Yield (APY)3 1.40% |
| Fixed Rate Term 12-23 months | Minimum Balance to Obtain APY2 $10,000 | Interest Rate3 1.35% | Annual Percentage Yield (APY)3 1.35% |
| Fixed Rate Term 12-23 months | Minimum Balance to Obtain APY2 $0.01 | Interest Rate3 1.30% | Annual Percentage Yield (APY)3 1.30% |
| Fixed Rate Term 6-11 months | Minimum Balance to Obtain APY2 $25,000 | Interest Rate3 1.00% | Annual Percentage Yield (APY)3 1.00% |
| Fixed Rate Term 6-11 months | Minimum Balance to Obtain APY2 $10,000 | Interest Rate3 0.90% | Annual Percentage Yield (APY)3 0.90% |
| Fixed Rate Term 6-11 months | Minimum Balance to Obtain APY2 $0.01 | Interest Rate3 0.85% | Annual Percentage Yield (APY)3 0.85% |
| Fixed Rate Term 3-5 months | Minimum Balance to Obtain APY2 $25,000 | Interest Rate3 0.90% | Annual Percentage Yield (APY)3 0.90% |
| Fixed Rate Term 3-5 months | Minimum Balance to Obtain APY2 $10,000 | Interest Rate3 0.80% | Annual Percentage Yield (APY)3 0.80% |
| Fixed Rate Term 3-5 months | Minimum Balance to Obtain APY2 $0.01 | Interest Rate3 0.70% | Annual Percentage Yield (APY)3 0.70% |
| Fixed Rate Term 0-90 days | Minimum Balance to Obtain APY2 $25,000 | Interest Rate3 0.75% | Annual Percentage Yield (APY)3 0.75% |
| Fixed Rate Term 0-90 days | Minimum Balance to Obtain APY2 $10,000 | Interest Rate3 0.50% | Annual Percentage Yield (APY)3 0.50% |
| Fixed Rate Term 0-90 days | Minimum Balance to Obtain APY2 $0.01 | Interest Rate3 0.40% | Annual Percentage Yield (APY)3 0.40% |
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.
Based on daily balance. Fees may reduce earnings and interest rate may change after account is opened.
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.