The following rates are effective on and subject to change at any time without notice. For updated information, inquire at any branch office or contact 301-249-1800.
SAVINGS
Minimum Opening Balance | Dividend Rate | APY* |
---|---|---|
$50 | 0.10% | 0.10% |
Dividends Compounded: Monthly. Dividends Credited: Monthly. Minimum Balance for Dividends: $0.01. Balance Method: Average Daily Balance. Limitations: Refer to Business Account Services Agreement.^ Fees: Refer to Business Account Fees.^^
CHECKING
Minimum Opening Balance | Dividend Rate | APY* |
---|---|---|
$100 | N/A | N/A |
CHECKING WITH INTEREST
Minimum Opening Balance | Dividend Rate | APY* |
---|---|---|
$100 | 0.05% | 0.05% |
Dividends Compounded: Monthly. Dividends Credited: Monthly. Minimum Balance for Dividends: $0.01. Balance Method: Average Daily Balance. Limitations: Refer to Business Account Services Agreement.^ Fees: Refer to Business Account Fees.^^
PREMIER MONEY MARKET
Minimum Opening Balance | Dividend Rate | APY* |
---|---|---|
$10,000 | 0.55% | 0.55% |
Dividends Compounded: Monthly. Dividends Credited: Monthly. Minimum Balance for Dividends: $0.01. Balance Method: Average Daily Balance. Limitations: Refer to Business Account Services Agreement.^ Fees: Refer to Business Account Fees.^^
PREMIER ADVANTAGE MONEY MARKET
Minimum Opening Balance | Average Daily Balance | Dividend Rate | APY* |
---|---|---|---|
$25,000 | $0 - $49,999 | 0.40% | 0.40% |
$25,000 | $50,000 - $99,999 | 0.60% | 0.60% |
$25,000 | $100,000 and up | 0.70% | 0.70% |
Dividends Compounded: Monthly. Dividends Credited: Monthly. Minimum Balance for Dividends: $0.01. Balance Method: Average Daily Balance. Limitations: Minimum required to open account is $25,000; no minimum needs to be maintained after initial opening amount. Refer to Business Account Services Agreement.^ Fees: If Average Daily Balance calculated at the end of the month is below $25,000, then a $10 fee is assessed. Refer to Business Account Fees.^^
PREMIER PLUS MONEY MARKET
Minimum Opening Balance | Dividend Rate | APY* |
---|---|---|
$40,000 | 0.60% | 0.60% |
Dividends Compounded: Monthly. Dividends Credited: Monthly. Minimum Balance for Dividends: $0.01. Balance Method: Average Daily Balance. Limitations: Refer to Business Account Services Agreement.^ Fees: Refer to Business Account Fees.^^
CERTIFICATES
Term | Minimum Opening Balance | Dividend Rate | APY* |
---|---|---|---|
60 months | $1,000 | 1.34% | 1.35% |
48 months | $1,000 | 1.09% | 1.10% |
36 months | $1,000 | 0.95% | 0.95% |
24 months | $1,000 | 0.75% | 0.75% |
12 months | $1,000 | 0.65% | 0.65% |
6 months | $1,000 | 0.60% | 0.60% |
Dividends Compounded: Monthly. Dividends Credited: Monthly. Minimum Balance for Dividends: $1,000. Balance Method: Average Daily Balance. Limitations: Refer to Business Account Services Agreement.^ Fees: Refer to Business Account Fees.^^
*APY = Annual Percentage Yield.
^Accounts closed before the end of the dividend period will not receive accrued dividends.
^^Fees could reduce earnings.
Rates for business loans and business card services are based on evaluation of applicant's credit and may be disclosed at the time of application.