Business Banking Services

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BUSINESS CHECKING ACCOUNT

Business Rates as of May 31, 2023
ProgramMinimum Balance RequirementMinimum Deposit to OpenMinimum Balance to Earn DividendsAPY 1APR
Business Premium Plus Checking Account$25,000 2$100$.010.01%0.010%
Business Plus Checking Account$5,000 3$100$.010.01%0.010%
Business Checking Account$1,500 4$100Does not earn dividendsn/an/a
Community Checking Accountn/a$100Does not earn dividendsn/an/a

Last Dividend Declaration Date: April 25, 2023. The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information, please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compound monthly.


1

APY= Annual Percentage Yield. Fees could reduce earnings on the account. Rates are subject to change without notice. The rate may change after the account is opened. The APY is accurate as of the last dividend declaration date.

2

If balance falls below the $25,000 minimum average daily balance requirement, there is a $50.00 fee per month. Waived if Merchant Services are deposited into the account.

3

If balance falls below the $5,000 minimum average daily balance requirement, there is a $15.00 fee per month. Waived if Merchant Services are deposited into the account.

4

If balance falls below the $1,500 minimum average daily balance requirement, there is a $10.00 fee per month. Waived if Merchant Services are deposited into the account.

BUSINESS SAVINGS ACCOUNTS

Business Rates as of May 31, 2023
ProgramMinimum Balance to OpenMinimum Balance to Earn DividendsAPY 1APR
Primary Savings$5$50.01%0.010%
Sweep Savings$0$.010.01%0.010%

Last Dividend Declaration Date: April 25, 2023. The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information, please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compound monthly.


1

APY= Annual Percentage Yield. Fees could reduce earnings on the account. Rates are subject to change without notice. The rate may change after the account is opened. The APY is accurate as of the last dividend declaration date.

BUSINESS VISA® PLATINUM WITH REWARDS CREDIT CARD

Business Rates as of May 31, 2023
Annual Percentage Rate (APR) for PurchasesPrime + 7.74% based on your creditworthiness
APR for Balance TransfersPrime + 7.74% based on your creditworthiness
APR for Cash AdvancesPrime + 7.74% based on your creditworthiness
Account Setup Fee$99 (one-time)
ATM Fee3.00% of the amount of the transaction
Balance Transfer Fee3.00% of the amount of the transaction.
Cash Advance Fee$15 or 3.00% of the amount of each cash advance, whichever is greater.
Foreign Transaction Fee1.00% of each transaction in U.S. dollars.

APR= Annual Percentage Rate. The APR may vary after the account is opened. Rates, terms and conditions are subject to change and may vary based on creditworthiness and qualifications. All Credit Cards are subject to approval.


BUSINESS MONEY MARKET ACCOUNT

Business Rates as of May 31, 2023
Minimum Balance to OpenMinimum Balance to Earn DividendsAPY 1APR
$5,000$5,0000.05%0.050%
$5,000$25,0000.10%0.100%
$5,000$50,0000.20%0.199%
$5,000$100,0000.30%0.299%
$5,000$250,0000.40%0.399%

Last Dividend Declaration Date: April 25, 2023. The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information, please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compound monthly.


1

APY= Annual Percentage Yield. Fees could reduce earnings on the account. Rates are subject to change without notice. The rate may change after the account is opened. The APY is accurate as of the last dividend declaration date.

BUSINESS SHARE CERTIFICATE (CD)

Business Rates as of May 31, 2023
TermMinimum Balance to Open and Earn DividendsAPY 1APREarly Withdrawal Penalty 2
6 Months$1,0002.00%1.982%90 Days' Dividends
12 Months$1,0004.50%4.415%90 Days' Dividends
24 Months$1,0004.25%4.169%180 Days' Dividends
36 Months$1,0003.75%3.687%270 Days' Dividends
48 Months$1,0003.50%3.445%270 Days' Dividends
60 Months$1,0003.50%3.445%270 Days' Dividends
20 Months $1,0004.50%4.410%180 Days’ Dividends

Last Dividend Declaration Date: April 25, 2023.The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information, please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compound monthly.


1

APY= Annual Percentage Yield. Fees could reduce earnings on the account. Rates are subject to change without notice. The rate may change after the account is opened. The APY is accurate as of the last dividend declaration date.

2

We may impose a penalty if you withdraw funds from your account before the maturity date. Maintenance or activity fees could reduce earnings on the account.

BUSINESS SHARE CERTIFICATE PLUS (CD)

Business Rates as of May 31, 2023
TermMinimum Balance to Open and Earn DividendsAPY 1APREarly Withdrawal Penalty 2
6 Months$10,0002.000%1.982%90 Days' Dividends
12 Months$10,0004.50%4.410%90 Days' Dividends
24 Months$10,0004.25%4.169%180 Days' Dividends
36 Months$10,0003.75%3.687%270 Days' Dividends
48 Months$10,0003.50%3.445%270 Days' Dividends
60 Months$10,0003.50%3.445%270 Days' Dividends

Last Dividend Declaration Date: April 25, 2023. The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information, please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compound monthly.


1

APY= Annual Percentage Yield. Fees could reduce earnings on the account. Rates are subject to change without notice. The rate may change after the account is opened. The APY is accurate as of the last dividend declaration date.

2

We may impose a penalty if you withdraw funds from your account before the maturity date. Maintenance or activity fees could reduce earnings on the account.

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