Business Savings

Business Deposit Rate

Business Savings

Interest Rate

0.01%

APY2

0.01%

Minimum Balance to Earn APY

$10

Monthly Maintenance Charge4

$5

Disclosures

2 APY – Annual Percentage Yield. APYs stated are accurate as of November 30, 2024. Rates may change without notice and may change after the account is opened. Interest is compounded daily and credited monthly. You must maintain the minimum balance daily to earn the stated APY. Fees could reduce earnings. See Business Schedule of Fees for product and service fee information.
4 Monthly maintenance charge easily waived with $500 daily balance minimum.

Features

Minimum to open

$10

APY1

0.01%

Mobile banking

Online banking

Mobile check deposits

E-statements

FedNow participant

Real-time payments participant

Standard wallet-style checks

-

Business checking account required

-

Send and receive money with Small Business Zelle®

1 APY – Annual Percentage Yield. APYs stated are accurate as of November 30, 2024. Rates may change without notice and may change after the account is opened. Interest is compounded daily and credited monthly. You must maintain the minimum balance daily to earn the stated APY. Fees could reduce earnings. See Business Schedule of Fees for product and service fee information.

Fees

Monthly Maintenance Charge

This fee will be waived with $500 minimum daily balance.

$5

Even when no monthly maintenance charge applies, other transaction and service fees may apply, including insufficient funds (NSF) fees. Terms and conditions apply. See Business Schedule of Fees for more information.

Additional Business Fees

Learn more about other business fees related to this account including: account opening and usage, commercial analysis, standard overdraft practices, non-sufficient funds, funds availability, and posting order.

Business Fees