Business Savings and Certificates of Deposit

Business Savings

Effective Date: Monday, June 18, 2018

Interest RateAPY*Minimum To
Open
Minimum To
Obtain APY
Business Savings0.30%0.30%$100$100How to Open

*APY = Annual Percentage Yield.
These rates may change after the account is opened.  Fees may reduce earnings in these accounts.
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. Contact Investment Department for public funds, longer term or quote above $100,000.


Certificates of Deposit

Effective Date: Monday, June 18, 2018

Interest RateAPY*Minimum To
Open
Minimum To
Obtain APY
30 Days0.30%0.30%$2,500$2,500How to Open
90 Days0.35%0.35%$2,500$2,500How to Open
6 Months0.70%0.70%$2,500$2,500How to Open
12 Months1.05%1.05%$2,500$2,500How to Open
18 Months1.15%1.15%$2,500$2,500How to Open
2 Years1.45%1.46%$2,500$2,500How to Open
3 Years1.55%1.56%$2,500$2,500How to Open
4 Years1.80%1.81%$2,500$2,500How to Open
5 Years2.05%2.07%$2,500$2,500How to Open

*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.