Business Savings & Money Market

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Our Business Savings & Money Market Accounts include:

An account with a low minimum balance requirement that pays a competitive rate of interest.1

  • Minimum opening balance requirement of $200
  • No minimum required to earn interest
  • $1 monthly service charge if the balance falls below $200 any day during the monthly statement cycle
  • 10 free withdrawals per statement cycle, $5 per additional withdrawal

Our highest yield interest-bearing business account.2

  • Minimum opening balance requirement of $1,000
  • No minimum required to earn interest
  • $5 monthly service charge if the balance falls below $1,000 any day during the monthly statement cycle
  • 10 free withdrawals per statement cycle, $15 per additional withdrawal 

Tiered interest rates - earn more with higher balances3

  • Minimum opening deposit of $1,000
  • $5 monthly service charge waived with $1,000 minimum daily balance
  • Deposits can be made at anytime
  • 10 complimentary withdrawals per statement cycle
  • Available for personal and business accounts
Funds are eligible for multi-million dollar FDIC insurance through the Promontory Interfinancial Network, LLC.

Current rates for Business Banking

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* Minimum deposit of $1,000 to open the account is required. Annual Percentage Yields (APYs) are effective and accurate as of 01/01/2023. Rates are tiered based on account balance and may vary, $0.00 - $9,999: 0.35%; $10,000 - $49,999: 0.35%; $50,000 - $99,999: 1.00%; $100,000 - $149,999: 1.50%; $150,000 - $249,999: 1.75%; $250,000 - $499,999: 2.00%; $500,000 - $999,999: 2.30%; $1,000,000 and above: 2.30%. At our discretion, we may change the interest rate, APY, or interest rate tiers on the account at any time. Fees may reduce earnings. Available for personal or business accounts. Offer subject to change without notice, may be withdrawn at any time and cannot be combined with any other offer. For more information, refer to the account Terms & Conditions and Schedule of Fees.

1 For additional information, refer to the Terms and Conditions for Business Savings Account and Schedule of Fees for Business Deposit Accounts.

2 For additional information, refer to the Terms and Conditions for Business Money Market Account and Schedule of Fees for Business Deposit Accounts.

3 For additional information, refer to the Terms and Conditions for Business Money Market Special Account and Schedule of Fees for Business Deposit Accounts.

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