West Palm Beach
(561) 868-9060
North Palm Beach
(561) 841-3868
Lake Clarke Shores
(561) 432-2122
Lost/stolen VISA® check cards
(800) 472-3272

Business Deposit Rates

 

Rates effective as of September 20, 2018

 

Business Checking Accounts

Account Type               APY* Interest Rate   Min. Balance to Earn APY
Business Select Interest Checking Account
(Required Deposit to Open = $1,500) 
Tier 1: $0 – $9,999.99 0.00% 0.00% $0
Tier 2: $10,000.00 – $49,999.99 0.15% 0.15% $10,000
Tier 3: $50,000.00 – $99,999.99 0.35% 0.35% $50,000
Tier 4: $100,000.00 – $249,999.99 0.60% 0.60% $100,000
Tier 5: $250,000.00 or greater 0.95% 0.95% $250,000
Business Money Market†
(Required Deposit to Open = $2,500) 
Tier 1: $0 – $24,999.99 0.10% 0.10% $0
Tier 2: $25,000 – $99,999.99 0.45% 0.45% $25,000
Tier 3: $100,000 – or greater 0.70% 0.70% $100,000

 

Business Savings Accounts*

Account Type APY* Interest Rate   Min. Balance to Earn APY
Business Savings**
(Required Deposit to Open = $1,000) 
0.25% 0.25% $100
Business Select Savings**
(Required Deposit to Open = $25,000) 
Tier 1: $0 – $2,500 0% 0% $0
Tier 2: $2,500 – $24,999 0.45% 0.45% $2,500
Tier 3: $25,000 or greater 0.85% 0.85% $25,000

*APY = Annual Percentage Yield

 

**Transfers from a Business Savings Account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer are limited to six per statement cycle with no transfers by check, draft, debit card, or similar order to third parties.

†Transaction Limitations – Federal regulation and our deposit agreement limit the number of withdrawals and/or transfers that may be made from a money market account or a savings account by telephone/PC transfer, pre-authorized transfer, check or debit card.
You are limited to six withdrawals and/or transfers from your money market account each monthly statement cycle by pre-authorized transfer, or telephone/PC transfer (including bill payments).

Determination of Rate – At our discretion, we may change the interest rate on your account.

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