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 |
$2,500
|
3.98% | 4.05% |
|
***11 Months
|
Monthly |
$2,500
|
3.69% | 3.75% |
|
***22 months
|
Daily |
$1,000
|
3.49% | 3.55% |
| 3 months | Monthly | $2,500 | .25% | .25% |
| 6 months | Monthly | $2,500 | 3.69% | 3.75% |
| 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 | 1.73% | 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 11-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 - $49,999.99 | 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.