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Business Rates

Table data for Business Share Savings
 04-27-2024
Minimum Balance to Earn APY Dividend Rate APY1 Alert Me
Business Share Account $15 0.10% 0.10% Receive a notification when this rate changes
Business Share Preferred Account $15 to $2,499 0.10% 0.10% Receive a notification when this rate changes
$2,500 to $99,999 0.15% 0.15% Receive a notification when this rate changes
$100,000 or more 0.20% 0.20% Receive a notification when this rate changes
  • 1APY = Annual Percentage Yield. Rates subject to change. Rate effective date as-of date listed. Dividends are compounded daily and credited monthly. See account disclosure for full details
Table data for Business CDs (Term Share Certificate)
 04-27-2024
Minimum Balance Dividend Rate APY1 Alert Me
6 Month Business $500 3.00% 3.05% Receive a notification when this rate changes
9 Month Business $500 3.00% 3.05% Receive a notification when this rate changes
12 Month Business $500 3.00% 3.05% Receive a notification when this rate changes
18 Month Business $500 3.00% 3.05% Receive a notification when this rate changes
24 Month Business $500 2.75% 2.79% Receive a notification when this rate changes
36 Month Business $500 2.50% 2.53% Receive a notification when this rate changes
48 Month Business $500 2.25% 2.28% Receive a notification when this rate changes
60 Month Business $500 2.25% 2.28% Receive a notification when this rate changes
  • 1APY is Annual Percentage Yield. The annual percentage yield assumes interest remains on deposit until maturity. Dividends are compounded daily and credited monthly. Penalty for early withdrawal, see certificate disclosure for complete product details. Available to Greylock Youth Club/FUSION members. Additional deposits, minimum of $25 per deposit, may be made at any time into this account.
Table data for Business Money Market
 04-27-2024
Minimum Balance to Earn APY Dividend Rate APY1 Alert Me
Business Money Market Account $15 to $2,499 0.30% 0.30% Receive a notification when this rate changes
$2,500 to $24,999 0.50% 0.50% Receive a notification when this rate changes
$25,000 to $49,999 1.00% 1.01% Receive a notification when this rate changes
$50,000 to $99,999 1.00% 1.01% Receive a notification when this rate changes
$100,000 to $199,999 1.00% 1.01% Receive a notification when this rate changes
$200,000 or more 1.00% 1.01% Receive a notification when this rate changes
  • 1APY = Annual Percentage Yield. Rates subject to change. Rate effective date as-of date listed. Dividends are compounded daily and credited monthly. See account disclosure for full details
Table data for Business Checking
 04-27-2024
Minimum Balance to Earn APY Dividend Rate APY1 Alert Me
Business Checking Plus None Pays Earnings Credit2
Free Business Checking None 0.00% 0.00%
Basic Business Checking $15.00 0.05% 0.05%
High Yield Business Checking $0 to $49,999 0.40% 0.40%
$50,000 to $99,000 0.45% 0.45%
$100,000 or more 0.65% 0.65%
IOLTA Checking None 4.13% 4.22%
Earnings Credit Rate 0.000502
  • 1APY = Annual Percentage Yield. Rates subject to change. Rate effective date as-of date listed. Dividends are compounded daily and credited monthly. See account disclosure for full details
  • 2Earnings Credit Formula: Avg Bal $____x .90 x Earnings Credit Rate____/365x31=$____. This credit will be applied to transaction charges during the month and will help to reduce or offset fees on the Business Checking Plus account only. The earnings credit percentage is applied to 90% of the average collected balance for the month. Excess earnings credit will not be applied to the account. There is no fee for this feature of all Business Checking Plus accounts.