Rates accurate as of October 22, 2020
Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Checking Accounts
Outreach Business*
Outreach Business* $100 $100 0.05% Daily 0.05%
Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Beyond Business
Tier 1
Tier 1 $1,000 $0 - $2,499.99 0.00% Daily 0.00%
Tier 2
Tier 2 $1,000 $2,500 - $24,999.99 0.05% Daily 0.05%
Tier 3
Tier 3 $1,000 $25,000 - $74,999.99 0.10% Daily 0.10%
Tier 4
Tier 4 $1,000 $75,000 - $149,999.99 0.12% Daily 0.12%
Tier 5
Tier 5 $1,000 $150,000 + 0.15% Daily 0.15%

Fees may reduce earnings. Rates may change after the account is opened. The APY is accurate as of the date above and is subject to change. Fees may reduce earnings. * This account is for community organizations and nonprofits.

Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Business Money Market Account (MMA)
Tier 1
Tier 1 $2,500 $50 - $2,499.99 0.05% Daily 0.05%
Tier 2
Tier 2 $2,500 $2,500 - $9,999.99 0.10% Daily 0.10%
Tier 3
Tier 3 $2,500 $10,000 - $49,999.99 0.15% Daily 0.15%
Tier 4
Tier 4 $2,500 $50,000 - $99,999.99 0.20% Daily 0.20%
Tier 5
Tier 5 $2,500 $100,000 + 0.30% Daily 0.30%
Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Business Premium Money Market Account
Tier 1
Tier 1 $50,000 $50 - $9,999.99 0.10% Daily 0.10%
Tier 2
Tier 2 $50,000 $10,000 - $49,999.99 0.15% Daily 0.15%
Tier 3
Tier 3 $50,000 $50,000 - $99,999.99 0.25% Daily 0.25%
Tier 4
Tier 4 $50,000 $100,000 - $299,999.99 0.35% Daily 0.35%
Tier 5
Tier 5 $50,000 $300,000 + 0.46% Daily 0.45%

Rates may change after the account is opened. The APY is accurate as of the date above and is subject to change. Fees may reduce earnings. Transfers from a money market account to another account or third parties by pre-authorized automatic, telephone, or computer transfer or by check, debit card or similar order to third parties is limited to six per statement cycle.

Business Account Type Minimum to Open Minimum to Earn APY Annual Percentage Yield (APY) Compounding Method Interest Rate
Savings Account
Statement Savings
Statement Savings $100 $50 0.05% Daily 0.05%
Companion Savings*
Companion Savings* $100 $0 0.25% Daily 0.25%

$3 quarterly service charge will be imposed if the average daily balance falls below $100. Transaction limitations: Transfers from this account to another account or third parties by pre-authorized, automatic, telephone, or computer transfer are limited to six per month with no transfers by check, draft, debit card or similar order to third parties.

*Variable rate account. Interest rate of 0.25% and 0.25% Annual Percentage Yield (APY) and subject to change anytime without notice. Initial deposits into the Companion Savings Account cannot exceed the deposits into any new or renewing qualified Certificate of Deposit (CD). Deposits into Companion Savings Accounts can only be made when a new CD is opened or an existing qualifying CD account is renewed at time of maturity. Deposits must be made the same day as the deposits into the qualifying CD. Companion Savings Accounts are compatible with any CD (including IRA’s) with terms 12 months or greater. CD’s with Add-on and Bump Rate features do not qualify. Specific accounts that do not qualify include: 15 month Add On CD, 18 month Bump Rate CD, 24 month Add On CD, 48 month Add On CD, and 27 month Add On/Bump Rate CD. Minimum opening deposit of $100. All balances receive the stated APY. Fees may reduce earnings and rate may change after account opening. Terms and conditions apply. See Truth in Savings disclosure for details.

See Truth in Savings and Terms & Conditions brochures for details.

Member FDIC