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Business Savings

This account is a go-to savings option for all types of businesses. With just a $100 minimum balance you can open and avoid the service charge - all while earning interest.

Features
  • Interest is calculated daily on the collected balance and added to the account at the end of each quarter
  • FREE Business Online Banking
  • FREE Mobile Banking
  • Statements without electronic items are mailed quarterly
  • You are allowed 6 withdrawals per quarter at no charge
  • FREE 24-Hour Telephone Banking (654-1516)
  • Optional e-Statements
  • Fees may reduce earnings on the account
  • Rates may change after the account is opened
Rates

Effective Date: Saturday, July 20, 2019

Business Savings

Interest RateAPY*Minimum To OpenMinimum To Obtain APY
0.45%0.45%$100$100

*APY = Annual Percentage Yield.
These rates may change after the account is opened.  Fees may reduce earnings in these accounts.

Business Certificates of Deposit (CDs)

Earn a higher rate of interest on a business deposit that is set aside to grow for a designated period of time. Pick a term that will be best for your immediate or projected cash flow needs.

Features
  • Competitive rates
  • $2,500 minimum balance to open and obtain APY
  • No monthly service charge
  • Terms from 30 days to 60 months
  • Automatic renewals
  • FDIC insured, up to the allowable limits
Rates

Effective Date: Saturday, July 20, 2019

Business Certificates of Deposit

Interest RateAPY*Minimum To OpenMinimum To Obtain APY
30 Days0.50%0.50%$2,500$2,500
90 Days0.55%0.55%$2,500$2,500
6 Months1.35%1.35%$2,500$2,500
12 Months2.00%2.02%$2,500$2,500
18 Months2.55%2.57%$2,500$2,500
2 Years2.15%2.17%$2,500$2,500
3 Years2.25%2.27%$2,500$2,500
4 Years2.35%2.37%$2,500$2,500
5 Years2.45%2.47%$2,500$2,500

*APY = Annual Percentage Yield.
Note:These rates may change at any time without prior notice.
For CDs, the interest rate is fixed for the term. A penalty is imposed for early withdrawal. Fees could reduce earnings on the account.
These CDs automatically renew.

Business Loans

Whether you are looking to purchase equipment or secure a line of credit, we can tailor a loan program to your business.