Current Business Rates
Rates effective as of Thursday, September 30, 2021
Certificate of Deposit †
| CD Terms | Compounding | Minimum to open and earn APY* | Interest Rate | APY* |
|---|---|---|---|---|
|
***5 months
|
Monthly |
$10,000
|
4.79% | 4.90% |
|
***13 months
|
Daily |
$1,000
|
3.92% | 4.00% |
|
***22 months
|
Daily |
$1,000
|
3.44% | 3.50% |
| 3 months | Monthly | $2,500 | .25% | .25% |
| 6 months | Monthly | $2,500 | .50% |
.50% |
| 12 months | Daily | $1,000 | .75% | .75% |
| 24 months | Daily | $1,000 | 1.25% | 1.26% |
| 36 months | Daily | $1,000 | 1.49% | 1.50% |
| 48 months | Daily | $1,000 | 1.49% | 1.50% |
| 60 months | Daily | $1,000 | 1.71% | 1.75% |
*APY = Annual Percentage Yield. † An early withdrawal penalty may be imposed and could reduce earnings for these accounts. Fees could reduce earnings. ***At renewal, the 5 month CD will renew at the 6 month term at the 6 month rate at that time unless you instruct otherwise. The 13 month CD will renew at the 12 month term at the 12 month rate at that time unless you instruct otherwise. The 22 month CD will renew at the 24 month term at the 24 month rate at that time unless you instruct otherwise.
Statement Savings
| Minimum to earn APY* | Compounding | Minimum to open | Interest Rate | APY* |
|---|---|---|---|---|
| $100,000+ | Daily | $25 | .10% | .10% |
| $50,000 - $99,999.99 | Daily | $25 | .10% | .10% |
| $25,000 - $49,000.00 | Daily | $25 | .10% | .10% |
| $10,000 - $24,999.99 | Daily | $25 | .10% | .10% |
| $.01 - $9,999.99 | Daily | $25 | .10% | .10% |
*APY = Annual Percentage Yield. ** Rates may change at any time. Fees could reduce earnings.