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Business High Yield Savings

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Business High Yield Savings

Need to keep cash on hand?  Our Business High Yield Account is the answer to your liquidity needs. As your balances increase, so does your rate.  

Once a particular balance tier is met, the dividend rate and APY for that range will apply to the full balance of your account. And there is no minimum balance required to open an account either!

Online banking, debit cards, mobile deposit and SecurLock Equip Card Controls are all available for business accounts. The online banking and bill pay transactional records are all downloadable to popular formats such as Quick Books, so your accounting team will be happy too!

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Business High Yield Savings Rates 

account
type
APY* dividend
rate
High Yield < $10 K 0.05% 0.05%
High Yield < $20 K 0.07% 0.07%
High Yield < $50 K 0.08% 0.08%
High Yield < $75 K 0.10% 0.10%
High Yield < $100 K 0.10% 0.10%
High Yield < $200 K 0.12% 0.12%
High Yield < $500 K 0.15% 0.15%
High Yield < $1 MM 0.15% 0.15%
High Yield > $1 MM 0.28% 0.28%

*APY is annual percentage yield. Rate is dividend rate.  Once a particular tier is met, the dividend rate and annual percentage yield for that balance range will apply to the full balance of your account. No minimum balance required to open an account. Rates effective 06/01/2020 and are subject to change without notice.