Business Savings Rates
Business Simplified Employee Pension (SEP) Accounts will have the same rates as BIPA and Business Share Certificate Accounts.
Business Investment Plus Account (BIPA)
Rates effective as of: 04/22/2024
| Balance | Nominal | APY* |
|---|---|---|
| $0.00 to $999.99 | 0.00% | 0.00% |
| $1,000.00 to $24,999.99 | 0.70% | 0.70% |
| $25,000.00 to $49,999.99 | 0.75% | 0.75% |
| $50,000.00 to $99,999.99 | 0.80% | 0.80% |
| $100,000.00 to $149,999.99 | 0.85% | 0.85% |
| $150,000.00 to $249,999.99 | 0.85% | 0.85% |
| $250,000.00 + | 0.85% | 0.85% |
APY= Annual Percentage Yield. Rates are current as of 08/15/2023 and subject to change. Your APY will be determined based on your average monthly balance.
Business Share Certificate
Rates effective as of: 04/22/2024
| Term | Nominal | APY* |
|---|---|---|
| 12-Month | 4.40% | 4.50% |
| 24-Month $2,500.00 to $99,999.99 | 3.68% | 3.75% |
| 24-Month $100,000.00 + | 3.83% | 3.90% |
| 36-Month $2,500.00 to $249,999.99 | 3.39% | 3.45% |
| 36-Month $250,000.00+ | 3.68% | 3.75% |
| 48-Month | 2.96% | 3.00% |
| 60-Month | 3.00% | 3.05% |
APY = Annual Percentage Yield. Rates are current as of 08/15/2023 and subject to change. Penalties apply for early withdrawal. Minimum investment of $2,500. MemPerx® benefits are not available for Business Deposit Investment Accounts. Business Share Certificates are not eligible for Ladder Certificates.