Commercial Rates

Business/Commercial Rates

Interest Rates Effective: September 19, 2024

Prime Rate 8.00% (as published in the Wall Street Journal index)

APY = Annual Percentage Yield 
APR = Annual Percentage Rate

RATES SUBJECT TO CHANGE AT ANY TIME

Commercial Deposit Interest Rates

Business Savings

Account Interest Rate APY
Savings / Secondary Savings 0.25% 0.25%

Community Checking (non-profits only)

Balance Interest Rate APY
$0 - $4,999.99 0.00% 0.00%
$5,000 - $24,999.99 0.20% 0.20%
$25,000 + 0.35% 0.35%

Business Money Market/Sweep

Balance Interest Rate APY
$0 - $1,999.99 0.00% 0.00%
$2,000 - $24,999.99 3.25% 3.30%
$25,000 - $74,999.99 3.50% 3.56%
$75,000 - $124,999.99 3.75% 3.81%
$125,000 + 4.00% 4.07%

Certificate of Deposit1

Balance Interest Rate APY
3 Month 2.50% 2.52%
6 Month 3.25% 3.30%
12 Month 3.50% 3.56%
18 Month 3.50% 3.56%
24 Month 3.75% 3.81%
36 Month 4.00% 4.07%
48 Month 4.00% 4.07%
60 Month 4.00% 4.07%

Jumbo Certificate of Deposit ($50,000+)2

Balance Interest Rate APY
3 Month 2.50% 2.52%
6 Month 3.25% 3.30%
12 Month 3.50% 3.56%
18 Month 3.50% 3.56%
24 Month 3.75% 3.81%
36 Month 4.00% 4.07%
48 Month 4.00% 4.07%
60 Month 4.00% 4.07%

1 Fees can reduce earnings on the account. A penalty may be imposed for early withdrawal. The annual percentage yield is accurate as of the date above. A penalty may be imposed for early withdrawal on a Certificate of Deposit.

2 $50,000 minimum to open this account

Commercial Loans

We have commercial loans available for a variety of purposes, at excellent rates. Call our Commercial Lending Department at (800) 272-3286 for more information.