Business Deposit Rates
Business Savings and Certificate Rates
Business Savings Rates
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Account Description | Dividend Rate | Annual Percentage Yield (APY) |
---|---|---|
Business Savings | 0.10% | 0.10% |
Business Money Market | 1.55% | 1.56% |
Effective 8/1/23
Business Certificate Rates
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Account Description | Dividend Rate | Annual Percentage Yield (APY) |
---|---|---|
3 months | 1.65% | 1.66% |
6 months | 2.00% | 2.02% |
7-Month No Penalty | 3.90% | 3.97% |
12 months | 4.50% | 4.59% |
24 months | 4.00% | 4.07% |
36 months | 4.00% | 4.07% |
48 months | 3.50% | 3.56% |
60 months | 3.50% | 3.56% |
Effective 8/1/23
Dividends are compounded and paid monthly. Once a Certificate is opened, the rate remains fixed through maturity. Early withdrawal penalties apply and may reduce earnings. The 7-Month No Penalty Certificate may be closed after seven (7) calendar days from opening with no penalty. Membership eligibility is required.