Business Deposit Account Dividend Rates

Dividend Rates as of December 1, 2016 - (Printable Version)

Business Share Accounts

Deposit Type Dividend Rate Annual Percentage Yield
Savings Accounts 0.05% 0.05%

Rates are subject to change after the account is opened. Fees may reduce earnings on the account (see Fee Schedule)

Business Checking

Balance Dividend Rate Annual Percentage Yield
$4,999 and below 0.02% 0.02%
$5,000.00-$9,999.99 0.02% 0.02%
$10,000.00-$24,999.99 0.02% 0.02%
$25,000.00-$49,999.99 0.02% 0.02%
$50,000.00 and above 0.05% 0.05%

Dividend rates are subject to change after the account is opened. Fees may reduce earnings on the account (see Fee Schedule)

Business Money Market Maximizer

Balance Dividend Rate Annual Percentage Yield
$9,999 and below 0.05% 0.05%
$10,000-$24,999 0.05% 0.05%
$25,000-$49,999 0.05% 0.05%
$50,000 and above 0.10% 0.10%

Dividend rates are subject to change after the account is opened. Fees may reduce earnings on the account (see Fee Schedule)

Business Certificates

Description Dividend Rate Annual Percentage Yield Minimum Balance
13-wk. share certificate 0.10% 0.10% $500
26-wk. share certificate 0.15% 0.15% $500
1-yr. share certificate 0.20% 0.20% $500
2-yr. share certificate 0.50% 0.50% $500
3-yr. share certificate 0.60% 0.60% $500
5-yr. share certificate 1.25% 1.26% $500

Dividends are paid and compounded monthly. A penalty may be imposed for early withdrawal. The amount of early withdrawal penalty is 30 days of dividends for terms up to 13 weeks, 60 days of dividends for 26 week terms, 90 days of dividends for 1 year terms, 180 days of dividends for 2 year terms, and 365 days of dividends for terms of 3 years or more