Business Now Account

This account features:

  • Minimum opening deposit is $2,500.00
  • Unlimited check writing
  • Interest is accrued on average daily balances and credited to the account on a monthly basis
  • If the account balance falls below an average daily balance of $2,500.00, accrued interest for the statement cycle will be forfeited
  • If the account balance falls below an average daily balance of $2,000, the business checking charges will be imposed.
  • See maintenance free business checking to qualify to waive these charges

Current APY*

0 - $2,499

$2,500 - $9,999

$10,000 and over

0.00%*
0.05%*
0.10%*

 

*APY-represents Annual Percentage Yield based on when earnings are paid on the account. The listed APY assumes interest stays on deposit until maturity. Any withdrawal will reduce earnings. Fees could reduce earnings. If you close your account before interest is credited in non-emergencies, you will not receive accrued interest. Average Daily Balance method applied a periodic rate to the average daily balance in the account for the period. The method is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is a month unless otherwise stated. Interest rates are determined at the bank's discretion and may change on any given day. All interest rates effective as of today's date.