Rates date here: 00/00/00
Simple Business NOW Checking
| Interest Rate |
Annual Percentage Yield (APY) | Minimum Balance to Open | Minimum Balance to earn APY |
|---|---|---|---|
| 0.25% | 0.25% | $10.00 | $0.01 |
Business Sweep Account**
| Tier | Interest Rate |
Annual Percentage Yield (APY) | Minimum Balance to earn APY |
|---|---|---|---|
| Balance $0.00 to $99,999.99 | 0.25% | 0.25% | $0.01 |
| Balance $100,000 to $249,999.99 | 0.25% | 0.25% | $100,000.00 |
| Balance $250,000 to $499,999.99 | 0.35% | 0.35% | $250,000.00 |
| Balance $500,000 and above | 0.50% | 0.50% | $500,000.00 |
** Funds invested in a Sweep Account are secured by a United States Government Agency Bond held in a custodial account at the Federal Home Loan Bank of Boston. Funds held by the Bank in repurchase accounts are not deposits and such funds are not FDIC insured.
For all Checking Accounts:
All business checking account rates are variable and subject to change without notice, which means that the rate of interest and Annual Percentage Yield (APY) may change after the account is opened. Fees may reduce earnings.
All business checking account rates are variable and subject to change without notice, which means that the rate of interest and Annual Percentage Yield (APY) may change after the account is opened. Fees may reduce earnings.